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# Based on this year s costs, an orcharde grower budgets P

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Intern
Joined: 08 Nov 2008
Posts: 29
Based on this year s costs, an orcharde grower budgets P [#permalink]

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20 Nov 2008, 10:32
This topic is locked. If you want to discuss this question please re-post it in the respective forum.

Based on this year’s costs, an orcharde grower budgets P dollars for planting N new trees next year. If the average cost of planting each tree were to increase 25 percent from this year’s cost ,then the greatest number of trees that the orchard grower could plant next year using P dollars would be.
A. 20% less than N
B. 25%less than N
C. equal to N
D. 20%greater than N
E. 25% greater than N
Current Student
Joined: 28 Dec 2004
Posts: 3342
Location: New York City
Schools: Wharton'11 HBS'12

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20 Nov 2008, 10:43
ok so we P/N is the mean price..

we are told this goes up to 1.25(p/N).

now P remains constant..so 1.25/N is the varying factor..

thus the new N will be N/1.25 or 0.8N

so it will be 20% less ..
Manager
Joined: 15 Apr 2008
Posts: 164

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20 Nov 2008, 12:11
same here,
Re: orchard--25   [#permalink] 20 Nov 2008, 12:11
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# Based on this year s costs, an orcharde grower budgets P

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