Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized for You

we will pick new questions that match your level based on your Timer History

Track Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

It appears that you are browsing the GMAT Club forum unregistered!

Signing up is free, quick, and confidential.
Join other 500,000 members and get the full benefits of GMAT Club

Registration gives you:

Tests

Take 11 tests and quizzes from GMAT Club and leading GMAT prep companies such as Manhattan GMAT,
Knewton, and others. All are free for GMAT Club members.

Applicant Stats

View detailed applicant stats such as GPA, GMAT score, work experience, location, application
status, and more

Books/Downloads

Download thousands of study notes,
question collections, GMAT Club’s
Grammar and Math books.
All are free!

Thank you for using the timer!
We noticed you are actually not timing your practice. Click the START button first next time you use the timer.
There are many benefits to timing your practice, including:

63% (02:33) correct
37% (03:02) wrong based on 213 sessions

HideShow timer Statistics

A shoe cobbler charges n dollars to repair a single pair of loafers. Tomorrow, he intends to earn 240 dollars repairing loafers. If he were to reduce his fee per pair by 20 dollars, he would have to repair an additional pair of the loafers to ear the same amount of revenue. How many pair of loafers does he intend to repair tomorrow?

A shoe cobbler charges n dollars to repair a single pair of loafers. Tomorrow, he intends to earn 240 dollars repairing loafers. If he were to reduce his fee per pair by 20 dollars, he would have to repair an additional pair of the loafers to ear the same amount of revenue. How many pair of loafers does he intend to repair tomorrow?

Choices: (A) 1 (B) 2 (C) 3 (D) 4 (E) 5

See if you can solve it without using algebraic calculations. Explain your shortest method.

240/n=240/(n-20)-1 --> n=80 --> 240/n=240/80=3.

Answer: C.

P.S. Please provide OA's for the questions and tag them correctly.
_________________

The question is asking for how many pair of loafers does he intend to repair tomorrow?

This is (x + 1) (because he would have to repair an additional pair) So shouldn't the answer be (x + 1 = 3 + 1 = 4 = D ??)

Thanks for the help

We are told that the cobbler charges n dollars to repair a pair of shoes. Then we are told that IF he charged n-20 dollars he would have to repair an additional pair. Notice that we are not told that he WILL charge n-20 dollars, just IF.

The question is asking for how many pair of loafers does he intend to repair tomorrow?

This is (x + 1) (because he would have to repair an additional pair) So shouldn't the answer be (x + 1 = 3 + 1 = 4 = D ??)

Thanks for the help

We are told that the cobbler charges n dollars to repair a pair of shoes. Then we are told that IF he charged n-20 dollars he would have to repair an additional pair. Notice that we are not told that he WILL charge n-20 dollars, just IF.

Hope it's clear.

So technically, they have given the future scenario for the cobbler just so we can solve the problem. I mean without that specific sentence we would have too many unknowns.

The question is asking for how many pair of loafers does he intend to repair tomorrow?

This is (x + 1) (because he would have to repair an additional pair) So shouldn't the answer be (x + 1 = 3 + 1 = 4 = D ??)

Thanks for the help

We are told that the cobbler charges n dollars to repair a pair of shoes. Then we are told that IF he charged n-20 dollars he would have to repair an additional pair. Notice that we are not told that he WILL charge n-20 dollars, just IF.

Hope it's clear.

So technically, they have given the future scenario for the cobbler just so we can solve the problem. I mean without that specific sentence we would have too many unknowns.

I think I was over thinking the problem. Thanks,

Correct. Only that "n-20 dollars" case is not a future scenario it's a hypothetical scenario.
_________________

A shoe cobbler charges n dollars to repair a single pair of loafers. Tomorrow, he intends to earn 240 dollars repairing loafers. If he were to reduce his fee per pair by 20 dollars, he would have to repair an additional pair of the loafers to ear the same amount of revenue. How many pair of loafers does he intend to repair tomorrow?

Choices: (A) 1 (B) 2 (C) 3 (D) 4 (E) 5

See if you can solve it without using algebraic calculations. Explain your shortest method.

240/n=240/(n-20)-1 --> n=80 --> 240/n=240/80=3.

Answer: C.

P.S. Please provide OA's for the questions and tag them correctly.

The loafer charges n per pair, and he is intending to make 240 from x pairs:

240 = x * n

If he wants to reduce the price by 20 (n - 20) he needs to repair 1 more ( x + 1)

240 = (n-20)(x+1) xn = (n-20)(x+1) xn = xn + n - 20x -20 n - 20x = 20......

what am I doing wrong?

This is not a best way to solve the problem but you could still get the correct answer: From 240=xn --> x=240/n --> substitute: n - 20*240/n= 20 --> solve: n=80 --> 240/80=3.
_________________

A shoe cobbler charges n dollars to repair a single pair of loafers. Tomorrow, he intends to earn 240 dollars repairing loafers. If he were to reduce his fee per pair by 20 dollars, he would have to repair an additional pair of the loafers to ear the same amount of revenue. How many pair of loafers does he intend to repair tomorrow?

Choices: (A) 1 (B) 2 (C) 3 (D) 4 (E) 5

See if you can solve it without using algebraic calculations. Explain your shortest method.

240/n=240/(n-20)-1 --> n=80 --> 240/n=240/80=3.

Answer: C.

P.S. Please provide OA's for the questions and tag them correctly.

Should it be +1 ?

Let me ask you a question: which is greater 240/n or 240/(n-20)?
_________________

Thanks to another GMAT Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).

Want to see all other topics I dig out? Follow me (click follow button on profile). You will receive a summary of all topics I bump in your profile area as well as via email.
_________________

A shoe cobbler charges n dollars to repair a single pair of loafers. Tomorrow, he intends to earn 240 dollars repairing loafers. If he were to reduce his fee per pair by 20 dollars, he would have to repair an additional pair of the loafers to ear the same amount of revenue. How many pair of loafers does he intend to repair tomorrow?

Choices: (A) 1 (B) 2 (C) 3 (D) 4 (E) 5

Hi, Since you have asked without algebric calculations, one method which will depend on the INFO we INFER from Q.. 1) since price per loafer is reduced by 20, the earlier price >20.. 2) Also 240 is teh total cost, the OLD and REDUCED price must be factor of 240.. 3) From th e above two points, the OLD and REDUCED price must be one of 24,30,40,48,60,80,120,240.. 4) We have to choose two prices amongst the value above which have a difference of 20.. 5) so our ansewr is either 40 and 60 or 60 and 80.. 6) if its 40 and 60 .. he earlier purchased 240/60=4 and now can purchase 240/40=6.. the difference is 2, but as per Q its 1.. 2) if its 80 and 60 .. he earlier purchased 240/80=3 and now can purchase 240/60=4.. the difference is 1.. this is our answer

This was to explain the procedure .. but a straight requirement to find the CORRECT answer is.. two pair of factors of 240 equalling 240, with change in one of them by 20 leading to lowering the other factot by 1.. 240 =80*3 240=60*4.. so this is the answer he would do 3..

A shoe cobbler charges n dollars to repair a single pair of loafers. Tomorrow, he intends to earn 240 dollars repairing loafers. If he were to reduce his fee per pair by 20 dollars, he would have to repair an additional pair of the loafers to ear the same amount of revenue. How many pair of loafers does he intend to repair tomorrow?

Choices: (A) 1 (B) 2 (C) 3 (D) 4 (E) 5

See if you can solve it without using algebraic calculations. Explain your shortest method.

240/n=240/(n-20)-1 --> n=80 --> 240/n=240/80=3.

Answer: C.

P.S. Please provide OA's for the questions and tag them correctly.

The problem seems relatively straightforward, until we try solving it algebraically. Let's assign x to represent the number of pair of loafers he intends to repair tomorrow. Using the equation for revenue: nx = 240

Furthermore, reducing his fee by $20 would result in the need to repair an additional pair of shoes for the same amount of revenue: (n –20)(x + 1) = 240 Even though the problem is relatively simple to understand, the algebra gets complicated very quickly. Let's switch to a different approach—testing the answer choices:

We're done! Only answer choice C results in the correct amount of revenue. In fact, with practice, you wouldn't have to fill out the whole table.

We’ve given one of our favorite features a boost! You can now manage your profile photo, or avatar , right on WordPress.com. This avatar, powered by a service...

Sometimes it’s the extra touches that make all the difference; on your website, that’s the photos and video that give your content life. You asked for streamlined access...

Post today is short and sweet for my MBA batchmates! We survived Foundations term, and tomorrow's the start of our Term 1! I'm sharing my pre-MBA notes...

“Keep your head down, and work hard. Don’t attract any attention. You should be grateful to be here.” Why do we keep quiet? Being an immigrant is a constant...