Last visit was: 26 Apr 2024, 02:59 It is currently 26 Apr 2024, 02:59

Close
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

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.
Close
Request Expert Reply
Confirm Cancel
SORT BY:
Date
Tags:
Show Tags
Hide Tags
avatar
Manager
Manager
Joined: 27 Jan 2013
Status:Breaking my head!!
Posts: 58
Own Kudos [?]: 107 [49]
Given Kudos: 38
Location: India
Concentration: General Management, Operations
GMAT 1: 740 Q50 V40
GPA: 3.51
WE:Other (Transportation)
Send PM
Most Helpful Reply
User avatar
Manager
Manager
Joined: 09 Feb 2013
Posts: 104
Own Kudos [?]: 4041 [13]
Given Kudos: 17
Send PM
User avatar
Director
Director
Joined: 02 Sep 2012
Status:Far, far away!
Posts: 859
Own Kudos [?]: 4891 [6]
Given Kudos: 219
Location: Italy
Concentration: Finance, Entrepreneurship
GPA: 3.8
Send PM
General Discussion
Math Expert
Joined: 02 Sep 2009
Posts: 92929
Own Kudos [?]: 619100 [4]
Given Kudos: 81609
Send PM
If the price of a commodity is directly proportional to m^3 [#permalink]
2
Kudos
2
Bookmarks
Expert Reply
Dipankar6435 wrote:
If the price of a commodity is directly proportional to m^3 and inversely proportional to q^2, which of the following values of m and q will result in the highest price for the commodity?

A. m=3, q=2
B. m=12, q=12
C. m=20, q=20
D. m=30, q=36
E. m=36, q=72



Similar questions to practice:

DS:
the-amount-of-coal-a-train-burns-each-mile-is-directly-93667.html
in-a-certain-business-production-index-p-is-directly-63570.html

PS:
a-is-directly-proportional-to-b-when-a-8-b-88971.html
in-a-certain-formula-p-is-directly-proportional-to-s-and-80941.html
the-rate-of-a-chemical-reaction-is-directly-proportional-to-76921.html

Hope it helps.
User avatar
Intern
Intern
Joined: 22 Jan 2010
Posts: 22
Own Kudos [?]: 84 [0]
Given Kudos: 3
Location: India
Concentration: Finance, Technology
GPA: 3.5
WE:Programming (Telecommunications)
Send PM
Re: If the price of a commodity is directly proportional to m^3 [#permalink]
Let price of the commodity be P = \(k *\)\(m^3\) /\(Q^2\)

A. P = \(k * 27/4\) = 6.75K
B. P = \(K * 12^3/12^2\) = 12k
C. P = \(K * 20^3/20^2\) = 20k
D. P = \(K * 30^3/36^2\)= \(k*5*5*30/6*6\) = \(k * (125/6)\) = 21K (approx)
E. P = \(k * 36^3/72^2\) = \(K*(36/2*2)\) = 9k

Ans : Option D.
User avatar
Intern
Intern
Joined: 06 Feb 2013
Posts: 35
Own Kudos [?]: 206 [3]
Given Kudos: 35
Send PM
Re: If the price of a commodity is directly proportional to m^3 [#permalink]
3
Kudos
Could you please explain how you get \(\frac{m^3}{q^2}\) or \(\frac{Km^3}{q^2}\)? Where am I wrong expressing this thing firstly as \(p=m^3k\) and \(p=\frac{k}{q^2}\)?
User avatar
Director
Director
Joined: 02 Sep 2012
Status:Far, far away!
Posts: 859
Own Kudos [?]: 4891 [6]
Given Kudos: 219
Location: Italy
Concentration: Finance, Entrepreneurship
GPA: 3.8
Send PM
Re: If the price of a commodity is directly proportional to m^3 [#permalink]
5
Kudos
1
Bookmarks
obs23 wrote:
Could you please explain how you get \(\frac{m^3}{q^2}\) or \(\frac{Km^3}{q^2}\)? Where am I wrong expressing this thing firstly as \(p=m^3k\) and \(p=\frac{k}{q^2}\)?


"directly proportional to m^3 and inversely proportional to q^2" is what the text says. So if m increases the price increases, if q increases the price decreases. The right formula here is \(\frac{m^3}{q^2}\) ( or with k, it doesn`t change anything), if the numerator grows, the price does the same; and as in every fraction, if the denominator grows, the price drops.
Your formulas are right but the price depends on both m and q, you have to include them in one equation.

Let me know if it is clear
User avatar
Intern
Intern
Joined: 06 Feb 2013
Posts: 35
Own Kudos [?]: 206 [4]
Given Kudos: 35
Send PM
Re: If the price of a commodity is directly proportional to m^3 [#permalink]
4
Kudos
Zarrolou wrote:
obs23 wrote:
Could you please explain how you get \(\frac{m^3}{q^2}\) or \(\frac{Km^3}{q^2}\)? Where am I wrong expressing this thing firstly as \(p=m^3k\) and \(p=\frac{k}{q^2}\)?


"directly proportional to m^3 and inversely proportional to q^2" is what the text says. So if m increases the price increases, if q increases the price decreases. The right formula here is \(\frac{m^3}{q^2}\) ( or with k, it doesn`t change anything), if the numerator grows, the price does the same; and as in every fraction, if the denominator grows, the price drops.
Your formulas are right but the price depends on both m and q, you have to include them in one equation.

Let me know if it is clear


I see that makes sense. I guess I am making it more complicated than it really is. If you say that my formulas are correct, then \(\frac{m^3}{q^2}\) should somehow be extracted from \(p=m^3k\) and \(p=\frac{k}{q^2}\), no? Technically speaking, I thought there was a way to combine them into \(\frac{m^3}{q^2}\), just from pure algebraic manipulation (which I am very interested in here)... Or is it simply about common sense or the way you explained it?

P.S. Like your "kudos" tagline man! :)
User avatar
Director
Director
Joined: 02 Sep 2012
Status:Far, far away!
Posts: 859
Own Kudos [?]: 4891 [5]
Given Kudos: 219
Location: Italy
Concentration: Finance, Entrepreneurship
GPA: 3.8
Send PM
Re: If the price of a commodity is directly proportional to m^3 [#permalink]
5
Kudos
obs23 wrote:
I see that makes sense. I guess I am making it more complicated than it really is. If you say that my formulas are correct, then \(\frac{m^3}{q^2}\) should somehow be extracted from \(p=m^3k\) and \(p=\frac{k}{q^2}\), no? I thought there was a way to combine them into \(\frac{m^3}{q^2}\), just from pure algebraic manipulation (which I am very interested in here)... Or is it simply about common sense or the way you explained it?

P.S. Like your tagline man! :)


To create the formula we should refer to the text:
"If the price of a commodity is directly proportional to m^3 [and at this point we write down Price= \(m^3\)] and inversely proportional to q^2 [and at this point we complete the foumula adding the Denominator so Price=\(\frac{m^3}{q^2}\)], which of the following values of m and q will result in the highest price for the commodity?"
\(\frac{m^3}{q^2}\) is not extracted from \(p=m^3k\) and \(p=\frac{k}{q^2}\), and you cannot obtain it from pure algebraic manipulation.
The idea behind your formulas is correct p=m^3 expresses the direct correlation between p and m; and also p=1/q^2 expresses the inverse correlation between p and q. But the text uses "and" so those ideas must be expressed in one formula, so to obtain this final formula you "complete" one with the other =>m^3/p^2
User avatar
Intern
Intern
Joined: 06 Feb 2013
Posts: 35
Own Kudos [?]: 206 [0]
Given Kudos: 35
Send PM
Re: If the price of a commodity is directly proportional to m^3 [#permalink]
Got it! Thanks much for help.
Tutor
Joined: 16 Oct 2010
Posts: 14823
Own Kudos [?]: 64928 [4]
Given Kudos: 426
Location: Pune, India
Send PM
If the price of a commodity is directly proportional to m^3 [#permalink]
1
Kudos
3
Bookmarks
Expert Reply
Dipankar6435 wrote:
If the price of a commodity is directly proportional to m^3 and inversely proportional to q^2, which of the following values of m and q will result in the highest price for the commodity?

A. m=3, q=2
B. m=12, q=12
C. m=20, q=20
D. m=30, q=36
E. m=36, q=72



Please check my signature for the link to the relevant blog posts.

Originally posted by KarishmaB on 11 Apr 2013, 07:22.
Last edited by KarishmaB on 11 Oct 2022, 02:26, edited 1 time in total.
avatar
Intern
Intern
Joined: 30 Jun 2017
Posts: 1
Own Kudos [?]: 0 [0]
Given Kudos: 0
Send PM
Re: If the price of a commodity is directly proportional to m^3 [#permalink]
not sure why i dont understand this, but why does

30^3 / 36^2 = (30)(30)(30) / (36)(36) = (5)(5)(5) / 6

?
Math Expert
Joined: 02 Sep 2009
Posts: 92929
Own Kudos [?]: 619100 [0]
Given Kudos: 81609
Send PM
If the price of a commodity is directly proportional to m^3 [#permalink]
Expert Reply
krebsbr wrote:
not sure why i dont understand this, but why does

30^3 / 36^2 = (30)(30)(30) / (36)(36) = (5)(5)(5) / 6

?


\(\frac{30^3}{36^2} = \frac{30*30*30}{36*36} =\frac{(5*6)*(5*6)*(5*6)}{(6*6)*(6*6)}=\frac{5*5*5}{6}\)

Hope it helps.
Intern
Intern
Joined: 22 Jan 2020
Posts: 24
Own Kudos [?]: 3 [0]
Given Kudos: 10
Send PM
Re: If the price of a commodity is directly proportional to m^3 [#permalink]
VeritasKarishma wrote:
Dipankar6435 wrote:
If the price of a commodity is directly proportional to m^3 and inversely proportional to q^2, which of the following values of m and q will result in the highest price for the commodity?

A. m=3, q=2
B. m=12, q=12
C. m=20, q=20
D. m=30, q=36
E. m=36, q=72



For more on direct, inverse and joint variation, check out these posts:

https://www.gmatclub.com/forum/veritas-prep-resource-links-no-longer-available-399979.html#/2013/01 ... -directly/
https://www.gmatclub.com/forum/veritas-prep-resource-links-no-longer-available-399979.html#/2013/02 ... inversely/
https://www.gmatclub.com/forum/veritas-prep-resource-links-no-longer-available-399979.html#/2013/02 ... g-jointly/


In the joint variation blog post (#3), there is a sample question

Quote:
5. x varies directly with y^2, y varies inversely with z and z varies directly with p^3.


Could you please explain how the solution is derived?

Solution:
Joint variation: (x*p^6)/(y^2*z^2) = k
User avatar
Non-Human User
Joined: 09 Sep 2013
Posts: 32678
Own Kudos [?]: 822 [0]
Given Kudos: 0
Send PM
Re: If the price of a commodity is directly proportional to m^3 [#permalink]
Hello from the GMAT Club BumpBot!

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.
GMAT Club Bot
Re: If the price of a commodity is directly proportional to m^3 [#permalink]
Moderators:
Math Expert
92929 posts
Senior Moderator - Masters Forum
3137 posts

Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne