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# A grocer bought 24Kg of coffee beans at price X. After a

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Intern
Joined: 07 Aug 2004
Posts: 20

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A grocer bought 24Kg of coffee beans at price X. After a [#permalink]

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20 Aug 2004, 01:26
This topic is locked. If you want to discuss this question please re-post it in the respective forum.

A grocer bought 24Kg of coffee beans at price X. After a while one third of the stock got spoiled so he sold the rest for 200\$ per Kilo and made a total profit of twice the cost. What must be price X?

(a) 66 2/3\$.
(b) 50 1/3\$.
(c) 48 1/6\$.
(d) 33 1/3\$.
(e) 24 1/2\$.

Why D is the answer ?

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Director
Joined: 20 Jul 2004
Posts: 590

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20 Aug 2004, 01:51
I got \$44.44

3200 - 24x = 48x
x = 44.44

Kudos [?]: 162 [0], given: 0

Director
Joined: 05 May 2004
Posts: 574

Kudos [?]: 68 [0], given: 0

Location: San Jose, CA

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20 Aug 2004, 01:58
kpinvictus wrote:
A grocer bought 24Kg of coffee beans at price X. After a while one third of the stock got spoiled so he sold the rest for 200\$ per Kilo and made a total profit of twice the cost. What must be price X?

(a) 66 2/3\$.
(b) 50 1/3\$.
(c) 48 1/6\$.
(d) 33 1/3\$.
(e) 24 1/2\$.

Why D is the answer ?

I think the Q is wrong
It shud be thrice the cost for answer to be D

Kudos [?]: 68 [0], given: 0

Director
Joined: 05 May 2004
Posts: 574

Kudos [?]: 68 [0], given: 0

Location: San Jose, CA

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20 Aug 2004, 02:14
hardworker_indian wrote:
I got \$44.44

3200 - 24x = 48x
x = 44.44

You are correct
I got the same ans as well

Kudos [?]: 68 [0], given: 0

Joined: 31 Dec 1969

Kudos [?]: [0], given:

Location: Russian Federation
GMAT 3: 740 Q40 V50
GMAT 4: 700 Q48 V38
GMAT 5: 710 Q45 V41
GMAT 6: 680 Q47 V36
GMAT 9: 740 Q49 V42
GMAT 11: 500 Q47 V33
GMAT 14: 760 Q49 V44
WE: Supply Chain Management (Energy and Utilities)

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20 Aug 2004, 02:28
this question is misleading from the start. 24kg at x price. It looks as though 24kg of something for a total cost of x. Until i looked at the solution, then I realized it was actually 24kg at x dollar per kg.

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CIO
Joined: 09 Mar 2003
Posts: 460

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20 Aug 2004, 07:38
agree with everything said. should have been x/kg, and my answer came to \$44.44.

Kudos [?]: 74 [0], given: 0

20 Aug 2004, 07:38
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# A grocer bought 24Kg of coffee beans at price X. After a

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