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A factory produces one type of widget.

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Manager
Joined: 14 Apr 2017
Posts: 248
Location: India
sandeep : sharma
GPA: 3.9
A factory produces one type of widget.  [#permalink]

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28 Jul 2017, 08:39
2
Dear All,
Try this IR question.
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Joined: 14 Dec 2015
Posts: 3
Re: A factory produces one type of widget.  [#permalink]

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02 Aug 2017, 12:49
X = 160
Y = 62.5

If the revenues are equal for 2 months, the equation becomes:
wp = ((x/100) of p) * ((y/100) of w)

Solving the equation , we get xy = 10000. The 2 values which multiply to 10000 are 160 and 62.5.
X is 160 since the price increased, and Y is 62.5 since the number of quantities sold decreased.
Re: A factory produces one type of widget.   [#permalink] 02 Aug 2017, 12:49
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A factory produces one type of widget.

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