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A merchant sells only two brands of cakes, brand X and brand Y. The se

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A merchant sells only two brands of cakes, brand X and brand Y. The se  [#permalink]

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New post 24 Sep 2018, 04:41
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A
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Question Stats:

79% (01:15) correct 21% (00:59) wrong based on 14 sessions

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A merchant sells only two brands of cakes, brand X and brand Y. The selling price of a brand X cake is $20, which is 40 percent of the selling price of a brand Y cake. If the merchant sells 900 pieces of cakes, and (2/3)rd of which are brand Y, what is merchant’s total revenue from the sale of cakes?

(A) $14,000
(B) $18,000
(C) $24,000
(D) $36,000
(E) $40,000

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Re: A merchant sells only two brands of cakes, brand X and brand Y. The se  [#permalink]

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New post 24 Sep 2018, 18:57
Bunuel wrote:
A merchant sells only two brands of cakes, brand X and brand Y. The selling price of a brand X cake is $20, which is 40 percent of the selling price of a brand Y cake. If the merchant sells 900 pieces of cakes, and (2/3)rd of which are brand Y, what is merchant’s total revenue from the sale of cakes?

(A) $14,000
(B) $18,000
(C) $24,000
(D) $36,000
(E) $40,000



The selling price of a brand X cake = $20
The selling price of a brand Y cake = $50

Y = (2/3)*900 = 600
X = (1/3)*900 = 300

Revenue = 600*50+300*20 = $36,000

ANswer: Option D
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Re: A merchant sells only two brands of cakes, brand X and brand Y. The se &nbs [#permalink] 24 Sep 2018, 18:57
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