Events & Promotions
|
|
GMAT Club Daily Prep
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
Track
Your Progress
Practice
Pays
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Apr 2808:00 AM PDT
-11:00 AM PDT
Whether you are just beginning your MBA journey or fine-tuning your path to a 700+ score, GMAT Day is designed to give you a competitive edge.
18 Mar 2026, 22:42
Kudos
Bookmarks
Chocolate A Price: $15
Chocolate B Price: $30
A large retailer stocks two types of chocolate brands on their shelves. The store manager reviews the yearly sales data and finds that they sold twice as many units of Chocolate A as they did of Chocolate B. However, the yearly revenue generated from both types of chocolate brands was equal.
Select the price of Chocolate A and the price of Chocolate B that are jointly consistent with this information.
Select the price of Chocolate A and the price of Chocolate B that are jointly consistent with this information.
| Chocolate A Price | Chocolate B Price | |
| $10 | ||
| $15 | ||
| $25 | ||
| $30 | ||
| $40 |
ShowHide Answer
Official Answer
Chocolate A Price: $15
Chocolate B Price: $30
18 Mar 2026, 22:42
Kudos
Bookmarks
Official Solution:
First of all, we are given that twice as many units of Chocolate A were sold as units of Chocolate B.
Second, the revenue generated from both chocolate brands was equal, and this directly implies that the price per unit of Chocolate B was twice that of Chocolate A. So, we need to find prices for Chocolate A and Chocolate B such that the price of Chocolate B is twice that of Chocolate A. The only two numbers in this table that work are 15 and 30.
To put it algebraically, assuming that the numbers of units of Chocolate A and Chocolate B sold were 2m and m, respectively, and that the prices per unit of Chocolate A and Chocolate B were x and y, respectively, we get:
\(2m * x = m * y\)
\(2x = y\).
Therefore, we need to find prices for Chocolate A and Chocolate B such that the price of Chocolate B is twice that of Chocolate A. We start plugging the answer choices into the equation, and after a few trials, we realize that only $15 for Chocolate A and $30 for Chocolate B satisfy this condition.
Correct answer:
Chocolate A Price "$15"
Chocolate B Price "$30"
Bunuel
First of all, we are given that twice as many units of Chocolate A were sold as units of Chocolate B.
Second, the revenue generated from both chocolate brands was equal, and this directly implies that the price per unit of Chocolate B was twice that of Chocolate A. So, we need to find prices for Chocolate A and Chocolate B such that the price of Chocolate B is twice that of Chocolate A. The only two numbers in this table that work are 15 and 30.
To put it algebraically, assuming that the numbers of units of Chocolate A and Chocolate B sold were 2m and m, respectively, and that the prices per unit of Chocolate A and Chocolate B were x and y, respectively, we get:
\(2m * x = m * y\)
\(2x = y\).
Therefore, we need to find prices for Chocolate A and Chocolate B such that the price of Chocolate B is twice that of Chocolate A. We start plugging the answer choices into the equation, and after a few trials, we realize that only $15 for Chocolate A and $30 for Chocolate B satisfy this condition.
Correct answer:
Chocolate A Price "$15"
Chocolate B Price "$30"
