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Board of Directors D
Joined: 01 Sep 2010
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A furniture store sells only two models or desks, model A and model B  [#permalink]

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Question Stats: 89% (02:03) correct 11% (02:47) wrong based on 103 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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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  P Joined: 07 Jul 2012 Posts: 376 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 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

Answer: E.

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

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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.

Answer: E
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GMAT 1: 800 Q51 V49 GRE 1: Q170 V170 Re: A furniture store sells only two models or desks, model A and model B  [#permalink]

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Hi All,

We're told that a furniture store sells only two models of desks, model A and model B. The selling price of model A is $120, which is 30 percent of the selling price of the model B - and the furniture store sells 2,000 desks, 3/4 of which are model B. We're asked for the TOTAL revenue of the furniture store from the sale of desks. This question can be approached in a couple of different ways, but the answer choices are written in such a way that can beat it with a bit of critical thinking and a little Arithmetic. To start, IF all 2000 desks were sold for$120 each, then the total revenue would be $240,000. That immediately eliminates Answers A and B. The prompt tells us that the cost of a Model B desk is MORE THAN 3 TIMES that of a Model A desk AND that MOST of the desks sold are Model Bs... IF we sold 1000 desks at$120 each and 1000 desks at $360 each, then the total revenue would be$120,000 + $360,000 =$480,000. However, the price of Model B is MORE than $360 AND we actually sold far MORE Model B desks than Model A desks. Thus, the revenue would be a LOT higher than$480,000. There's only one answer that fits...

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www.empowergmat.com/ Re: A furniture store sells only two models or desks, model A and model B   [#permalink] 19 Mar 2019, 20:25
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# A furniture store sells only two models or desks, model A and model B

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