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29 Mar 2026, 12:29
Kudos
Bookmarks
D
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
55%
(hard)
Question Stats:
60% (03:18) correct
40%
(03:10)
wrong
based on 15
sessions
History
Date
Time
Result
Not Attempted Yet
A pharmaceutical company introduces a new drug and sets a list price. Thirty percent of the doses are sold to veterans’ hospitals at a 40% discount from the list price. Of the remaining doses, 20% are exported at $100 less than the list price, and the rest are sold at the full list price. If the average selling price across all doses is $184, what is the list price?
(A) $200
(B) $210
(C) $220
(D) $225
(E) $240
(A) $200
(B) $210
(C) $220
(D) $225
(E) $240
29 Mar 2026, 21:54
Kudos
Bookmarks
Let the list price be 100x.
Let us take the total drugs to be 100.
Case 1: 30 drugs at 60x price = 1800x
Case 2: 14 drugs at (100x-100) = 1400x -1400
Case 3: 56 drugs at 100x = 5600x
Total price = 1800x + 1400x - 1400 + 5600x = 8800x - 1400
Average price = (8800x - 1400)/100 = 184
Solving, we get x =2.25
And list price = 100x = 225.
option D
Let us take the total drugs to be 100.
Case 1: 30 drugs at 60x price = 1800x
Case 2: 14 drugs at (100x-100) = 1400x -1400
Case 3: 56 drugs at 100x = 5600x
Total price = 1800x + 1400x - 1400 + 5600x = 8800x - 1400
Average price = (8800x - 1400)/100 = 184
Solving, we get x =2.25
And list price = 100x = 225.
option D
