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A pack of fruits has 100 units and its total cost is $117.5. If 17% of
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16 Jul 2019, 08:00
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35% (medium)
Question Stats:
76% (01:43) correct 24% (02:20) wrong based on 288 sessions
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A pack of fruits has 100 units and its total cost is $117.5. If 17% of fruits in a pack are rotten, at least what is the unit selling price to earn a total profit of $90?
Concentration: Entrepreneurship, General Management
GPA: 3.99
WE: Engineering (Computer Hardware)
Re: A pack of fruits has 100 units and its total cost is $117.5. If 17% of
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16 Jul 2019, 08:07
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A pack of fruits has 100 units and its total cost is $117.5. If 17% of fruits in a pack are rotten, at least what is the unit selling price to earn a total profit of $90?
A. $2.2 B. $2.3 C. $2.4 D. $2.5 E. $2.6
17% percent fruits are rotten. Hence total number of good fruits = 83 We need to earn a profit of $90. Hence total selling price should be $117.5 + $90 = $207.5 Total fruits to be sold = 83 Hence selling price of each fruit = $207.5/83 = $2.5
Re: A pack of fruits has 100 units and its total cost is $117.5. If 17% of
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16 Jul 2019, 08:09
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IMO Answer is D:
cost price of 100 units = 117.5$ 17 are rotten so, 83 are good to sell given profit is 90$ So, SP-CP = 90 selling price = 83*x$ 83x-117.5 = 207.5 ==> x =2.5$
A pack of fruits has 100 units and its total cost is $117.5. If 17% of
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16 Jul 2019, 08:14
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A pack of fruits has 100 units and its total cost is $117.5. If 17% of fruits in a pack are rotten, at least what is the unit selling price to earn a total profit of $90?
A. $2.2 B. $2.3 C. $2.4 D. $2.5 E. $2.6
Cost price of 100 units =$117.5 17% (17 units) are rotten Saleable units = 100 - 17 = 83 Sales for 83 units = $117.5 + $90 = $207.5 Sales price / unit = $207.5/83 = $2.5
IMO D
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Re: A pack of fruits has 100 units and its total cost is $117.5. If 17% of
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16 Jul 2019, 08:25
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IMO D
A pack of fruits has 100 units and its total cost is $117.5. If 17% of fruits in a pack are rotten, at least what is the unit selling price to earn a total profit of $90?
A. $2.2 B. $2.3 C. $2.4 D. $2.5 E. $2.6
SOL:
the total number of fruits=100, rotten=17 so left=83.
now the CP of 100 fruits=117.5 and we need 90 profit. so we must sell 83 fruits for 207.5
that means each fruit has to be at least=207.5/83=2.5
Re: A pack of fruits has 100 units and its total cost is $117.5. If 17% of
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16 Jul 2019, 08:28
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Cost - 117.5 $ and Profit required - 90$. Total sales value - 207.5 and units available - 83. So per unit cost - 207.5/83 (sub answer options in 83*X=207.5)
2.4$ per fruit gives 199.2$. So unit price must be higher. 2.5$ gives 207.5 IMO D _________________
Re: A pack of fruits has 100 units and its total cost is $117.5. If 17% of
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16 Jul 2019, 08:29
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A pack of fruits has 100 units and its total cost is $117.5. If 17% of fruits in a pack are rotten, at least what is the unit selling price to earn a total profit of $90?
Profits = Selling Price* #of units - Costs
So, if rotten units are 17%, we will have only 83 units, so
Re: A pack of fruits has 100 units and its total cost is $117.5. If 17% of
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16 Jul 2019, 08:31
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Answer D : Simple and straight : C.P : 117.5 S.P : 117.5 +90 = 207.5 Unit price: 207.5/100 = 2.075 now 17% of fruits are bad, so left fruits: 83 , Now to earn 90$ profit, S.P cannot be changed but unit price will increase So 207.5 / 83 = 2.50
gmatclubot
Re: A pack of fruits has 100 units and its total cost is $117.5. If 17% of
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16 Jul 2019, 08:31
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76% (01:43) correct 
