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# A furniture store sells only two models or desks, model A and model B

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A furniture store sells only two models or desks, model A and model B  [#permalink]

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25 May 2017, 12:28
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97% (02:04) correct 3% (03:49) wrong based on 89 sessions

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A furniture store sells only two models or desks, model A and model B The selling price of model A is $120, which is 30 percent of the selling price of model B If the furniture store sells 2,000 desks, $$\frac{3}{4}$$ of which are model B, what is the furniture store's total revenue from the sale of desks? (A)$114,000

(B) $186,000 (C)$294,000

(D) $380,000 (E)$660,000

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Re: A furniture store sells only two models or desks, model A and model B  [#permalink]

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25 May 2017, 12:41
carcass wrote:
A furniture store sells only two models or desks, model A and model B The selling price of model A is $120, which is 30 percent of the selling price of model B If the furniture store sells 2,000 desks, $$\frac{3}{4}$$ of which are model B, what is the furniture store's total revenue from the sale of desks? (A)$114,000

(B) $186,000 (C)$294,000

(D) $380,000 (E)$660,000

(the price of model B)*3/10 = $120; (the price of model B) =$400.

Out of 2000 desks $$\frac{3}{4}*2000=1500$$ were model B and the remaining 500 were model A.

Total revenue = 120*500 + 400*1500 = $660,000. Answer: E. _________________ Senior Manager Joined: 07 Jul 2012 Posts: 377 Location: India Concentration: Finance, Accounting GPA: 3.5 Re: A furniture store sells only two models or desks, model A and model B [#permalink] ### Show Tags 25 May 2017, 18:32 2 Selling price of Model A=$120
Selling price of Model B= 120*$$\frac{100}{30}$$= $400 No of desks of Model B sold= $$\frac{3}{4}$$*2000= 1500 No of desks of Model A sold= 2000-1500= 500 Revenue from Model A= 120*500=$60,000
Revenue from Model B= 400*1500= $6,00,000 Total Revenue=$60,000+$6,00,000=$6,60,000

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Re: A furniture store sells only two models or desks, model A and model B  [#permalink]

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31 May 2017, 18:12
carcass wrote:
A furniture store sells only two models or desks, model A and model B The selling price of model A is $120, which is 30 percent of the selling price of model B If the furniture store sells 2,000 desks, $$\frac{3}{4}$$ of which are model B, what is the furniture store's total revenue from the sale of desks? (A)$114,000

(B) $186,000 (C)$294,000

(D) $380,000 (E)$660,000

We are given that the selling price of model A is $120, which is 30% of the selling price of model B. Thus, the selling price of model B is: (0.3)B = 120 B = 120/0.3 =$400

We are also given that (3/4)(2,000) = 1500 model B desks were sold, and thus 2,000 - 1500 = 500 model A desks were sold.

Therefore, the total revenue for the desks is 120 x 500 + 400 x 1500 = 60,000 + 600,000 = 660,000 dollars.

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Re: A furniture store sells only two models or desks, model A and model B  [#permalink]

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13 Aug 2018, 04:28
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Thanks to another GMAT Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).

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Re: A furniture store sells only two models or desks, model A and model B &nbs [#permalink] 13 Aug 2018, 04:28
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