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Is the total profit from the sales of 3 products greater than $6? 1) T

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Math Revolution GMAT Instructor
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Is the total profit from the sales of 3 products greater than $6? 1) T [#permalink]

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New post 16 Aug 2017, 02:40
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Is the total profit from the sales of 3 products greater than $6?

1) The least profit from the sales of the 3 products is at least $2.1
2) The 2nd largest profit from the sales of the 3 products is at least $3.1.

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Re: Is the total profit from the sales of 3 products greater than $6? 1) T [#permalink]

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New post 16 Aug 2017, 03:18
MathRevolution wrote:
Is the total profit from the sales of 3 products greater than $6?

1) The least profit from the sales of the 3 products is at least $2.1
2) The 2nd largest profit from the sales of the 3 products is at least $3.1.



Hi..
The wordings are not clear..
So when you say " The Least profit from the sales of the 3 products....", You actually mean -" the least profit from the sale of any of the three products"..
And also NONE is sold at loss

Let's see the statements..
Statement I..
Least profit from any of the three is 2.1, so from all three will be ATLEAST 3*2.1=6.3..
Ans YES
Sufficient
Statement II..
2nd largest profit is 3.1..
So even if least is 0, profit will be >3.1*2 or >6.2
Suff

D
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Re: Is the total profit from the sales of 3 products greater than $6? 1) T [#permalink]

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New post 16 Aug 2017, 03:50
MathRevolution wrote:
Is the total profit from the sales of 3 products greater than $6?

1) The least profit from the sales of the 3 products is at least $2.1
2) The 2nd largest profit from the sales of the 3 products is at least $3.1.


Stmnt 1) Remaining 2 profits are atleast 2.1 -> 2.1*3 = 6.3 (min profit) - suff
Stmnt 2) Third profit is atleast 3.1 -> min profit is 0+3.1+3.1 = 6.2 (suff)
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Re: Is the total profit from the sales of 3 products greater than $6? 1) T [#permalink]

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New post 18 Aug 2017, 01:50
=> Condition 1)
Since the minimum profit of 3 products is $2.1, the total profit of them is greater than or equal to $2.1 x 3 = $6.3, which is greater than $6.
Thus this is sufficient.

Condition 2)
Since the 3nd largest profit is at least $3.1, the sum of the first and the second products is at least $6.2, which is greater than $6.
Thus this is sufficient too.

Ans: D
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Re: Is the total profit from the sales of 3 products greater than $6? 1) T   [#permalink] 18 Aug 2017, 01:50
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