Hi All,
The information in the prompt include a variety of nice 'round' numbers, so it's likely that the number of calculators in the shipment is also a round number AND divides evenly into 300. Only two of the answers 'fit' that idea - 25 and 30, so let's TEST THE ANSWERS and see if either of those values fits all of the information given in the prompt.
IF.... X = 30 and there are 30 calculators in the shipment....
The merchant paid $300/30 = $10 per calculator
2 calculators were used for demonstrations, so 30 - 2 = 28 calculators were sold
Each of the 'sold' calculators brought in $10+$5 = $15
The total revenue was ($15)(28) = $420
The total profit was $420 - $300 = $120
This is an exact match for what we were told, so this MUST be the answer.
Final Answer:
GMAT assassins aren't born, they're made,
Rich
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