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# Last Sunday a certain store sold copies of Newspaper A for

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Veritas Prep GMAT Instructor
Joined: 16 Oct 2010
Posts: 8283
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Re: Last Sunday a certain store sold copies of Newspaper A for  [#permalink]

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25 Jun 2014, 23:46
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2
udaymathapati wrote:
Last Sunday a certain store sold copies of Newspaper A for $1.00 each and copies of Newspaper B for$1.25 each, and the store sold no other newspapers that day. If r percent of the store’s revenues from newspaper sales was from Newspaper A and if p percent of the newspapers that the store sold were copies of newspaper A, which of the following expresses r in terms of p?

A. 100p/(125 – p)
B. 150p/(250 – p)
C. 300p/(375 – p)
D. 400p/(500 – p)
E. 500p/(625 – p)

Yes, you can solve this question by assuming a value for p. Note that the options are such that they will involve heavy calculations for most values of p. Easiest should be putting p = 100. Now you might think that two types of newspapers are sold so p = 100 will not be accurate but it is possible that p is approximately equal to 100. Say the store sold 1 million newspapers such that only 1 newspaper was of type B while all others were of type A. In that case, p would be approximately equal to 100%. Of course if almost all newspapers sold were of type A, all the revenue would also come from type A newspapers.
So we are looking for the option which gives 100 when you put p = 100.

A. 100p/(125 – p)
If you put p = 100, you will get 100*100/25 (much more than 100)

B. 150p/(250 – p)
If you put p = 100, you will get 150*100/150 = 100

C. 300p/(375 – p)
If you put p = 100, you will get (300/275)*100 (more than 100)

D. 400p/(500 – p)
If you put p = 100, you will get 400*100/400 = 100

E. 500p/(625 – p)
If you put p = 100, you get (500/525)*100 (less than 100)

So answer should be one of (B) and (D). Put p = 50. If 50% newspapers were A and 50% were B, say 100 type A papers were sold and 100 type B such that fraction of revenue from type A papers = (100/225)* 100 = 400/9

B. 150p/(250 – p)
Put p = 50, we get 150*50/200. There is no 9 in the denominator here so answer must be (D). Just to verify, we can calculate for (D) as well.

D. 400p/(500 – p)
Put p = 50, we get 400*50/450 = 400/9

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Re: Last Sunday a certain store sold copies of Newspaper A for  [#permalink]

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01 Jul 2014, 00:37
Here is my approach :

Let total no. Of newspaper sold bd 100

Then,
No. Of A newspaper sold =p
No. Of B newspaper sold = 100-p

Rev generated by A = p dollars
Rev generated by B = (100-p)1.25
Total rev = 125-0.25p
Now,
R% of (125-0.25p) =p
Solving the above will guve soln :D

I hope this is quick as well. Let me know your thoughts.

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Posts: 259
Re: Last Sunday a certain store sold copies of Newspaper A for  [#permalink]

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24 Aug 2014, 10:01
VeritasPrepKarishma wrote:
udaymathapati wrote:
Last Sunday a certain store sold copies of Newspaper A for $1.00 each and copies of Newspaper B for$1.25 each, and the store sold no other newspapers that day. If r percent of the store’s revenues from newspaper sales was from Newspaper A and if p percent of the newspapers that the store sold were copies of newspaper A, which of the following expresses r in terms of p?

A. 100p/(125 – p)
B. 150p/(250 – p)
C. 300p/(375 – p)
D. 400p/(500 – p)
E. 500p/(625 – p)

Yes, you can solve this question by assuming a value for p. Note that the options are such that they will involve heavy calculations for most values of p. Easiest should be putting p = 100. Now you might think that two types of newspapers are sold so p = 100 will not be accurate but it is possible that p is approximately equal to 100. Say the store sold 1 million newspapers such that only 1 newspaper was of type B while all others were of type A. In that case, p would be approximately equal to 100%. Of course if almost all newspapers sold were of type A, all the revenue would also come from type A newspapers.
So we are looking for the option which gives 100 when you put p = 100.

A. 100p/(125 – p)
If you put p = 100, you will get 100*100/25 (much more than 100)

B. 150p/(250 – p)
If you put p = 100, you will get 150*100/150 = 100

C. 300p/(375 – p)
If you put p = 100, you will get (300/275)*100 (more than 100)

D. 400p/(500 – p)
If you put p = 100, you will get 400*100/400 = 100

E. 500p/(625 – p)
If you put p = 100, you get (500/525)*100 (less than 100)

So answer should be one of (B) and (D). Put p = 50. If 50% newspapers were A and 50% were B, say 100 type A papers were sold and 100 type B such that fraction of revenue from type A papers = (100/225)* 100 = 400/9

B. 150p/(250 – p)
Put p = 50, we get 150*50/200. There is no 9 in the denominator here so answer must be (D). Just to verify, we can calculate for (D) as well.

D. 400p/(500 – p)
Put p = 50, we get 400*50/450 = 400/9

Hi Karishma,

Interesting approach and it makes total sense in hindsight. That being said, the hardest part about this problem was trying to figure out WHAT the problem was asking. It said express r in terms of P, so I just solved for R% = (N-number of newspapers sold by A) * p/100 and didn't know where to go after.

What in this problem is indicative that we are trying to solve for Revenue from A/ Total Revenue? I don't see that despite reading this over and over?
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Joined: 16 Oct 2010
Posts: 8283
Location: Pune, India
Re: Last Sunday a certain store sold copies of Newspaper A for  [#permalink]

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25 Aug 2014, 00:44
1
1
russ9 wrote:
VeritasPrepKarishma wrote:
udaymathapati wrote:
Last Sunday a certain store sold copies of Newspaper A for $1.00 each and copies of Newspaper B for$1.25 each, and the store sold no other newspapers that day. If r percent of the store’s revenues from newspaper sales was from Newspaper A and if p percent of the newspapers that the store sold were copies of newspaper A, which of the following expresses r in terms of p?

A. 100p/(125 – p)
B. 150p/(250 – p)
C. 300p/(375 – p)
D. 400p/(500 – p)
E. 500p/(625 – p)

Yes, you can solve this question by assuming a value for p. Note that the options are such that they will involve heavy calculations for most values of p. Easiest should be putting p = 100. Now you might think that two types of newspapers are sold so p = 100 will not be accurate but it is possible that p is approximately equal to 100. Say the store sold 1 million newspapers such that only 1 newspaper was of type B while all others were of type A. In that case, p would be approximately equal to 100%. Of course if almost all newspapers sold were of type A, all the revenue would also come from type A newspapers.
So we are looking for the option which gives 100 when you put p = 100.

A. 100p/(125 – p)
If you put p = 100, you will get 100*100/25 (much more than 100)

B. 150p/(250 – p)
If you put p = 100, you will get 150*100/150 = 100

C. 300p/(375 – p)
If you put p = 100, you will get (300/275)*100 (more than 100)

D. 400p/(500 – p)
If you put p = 100, you will get 400*100/400 = 100

E. 500p/(625 – p)
If you put p = 100, you get (500/525)*100 (less than 100)

So answer should be one of (B) and (D). Put p = 50. If 50% newspapers were A and 50% were B, say 100 type A papers were sold and 100 type B such that fraction of revenue from type A papers = (100/225)* 100 = 400/9

B. 150p/(250 – p)
Put p = 50, we get 150*50/200. There is no 9 in the denominator here so answer must be (D). Just to verify, we can calculate for (D) as well.

D. 400p/(500 – p)
Put p = 50, we get 400*50/450 = 400/9

Hi Karishma,

Interesting approach and it makes total sense in hindsight. That being said, the hardest part about this problem was trying to figure out WHAT the problem was asking. It said express r in terms of P, so I just solved for R% = (N-number of newspapers sold by A) * p/100 and didn't know where to go after.

What in this problem is indicative that we are trying to solve for Revenue from A/ Total Revenue? I don't see that despite reading this over and over?

When the question says "r in terms of p", it implies that r should be on the left hand side of the equation and everything on the right should only in terms of p. There should be no other variable on the right hand side. Then either you can solve algebraically or plug in values.

The question says you need to find r. What is r? It is "r percent of the store’s revenues from newspaper sales was from Newspaper A"
It means: Revenue from Newspaper A = (r/100)* Total revenue
So r = (Revenue from Newspaper A/Total revenue) * 100
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Re: Last Sunday a certain store sold copies of Newspaper A for  [#permalink]

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28 Sep 2014, 09:47
Assuming total number of papers are 100
Number of paper A sold:P
Number of paper B sold:100-P

Total Revenue earned = (P*1) + 1.25*(100-P) = P+125-1.25P = 125-0.25P

Revenue share of paper A is 'R' which is =P/(125-0.25P)*100
= 100p/(125-0.25P)
Multiplying 4 in both numerator & Denominator
=400p/(500-P)
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Posts: 1
Re: Last Sunday a certain store sold copies of Newspaper A for  [#permalink]

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10 Nov 2014, 03:29
pikachu wrote:
udaymathapati wrote:
Last Sunday a certain store sold copies of Newspaper A for $1.00 each and copies of Newspaper B for$1.25 each, and the store sold no other newspapers that day. If r percent of the store’s revenues from newspaper sales was from Newspaper A and if p percent of the newspapers that the store sold were copies of newspaper A, which of the following expresses r in terms of p?

A. 100p / (125 – p)
B. 150p / (250 – p)
C. 300p / (375 – p)
D. 400p / (500 – p)
E. 500p / (625 – p)

This problem can be easily solved by picking numbers. The explanation given in the OG can be very laborious.

Lets say the number of newspaper A sold = 20, so revenue from A = 20 and the number of newspaper sold from B = 80, so revenue from B = 100. Now total revenue =120 out of which 20 came from A. So

r (A) = 20/120 = 1/6 = 16.7% and p (A) = 20/100 *100 = 20

A) 100*20/(125-20) -> Incorrect
B) 150*20/(250-20) -> Incorrect
C) 300*20/(375-20) -> Incorrect
D) 400*20/(500-20) = 8/48 = 1/6*100 = 16.7% - > Correct
E) 500*20/(625-20) -> Incorrect

So Ans D

You inserted r(A) as a decimal(0,167) and p(A) as a percent(20, not 0,2). Is that right?
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Joined: 03 Jan 2015
Posts: 65
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Re: Last Sunday a certain store sold copies of Newspaper A for  [#permalink]

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10 Jan 2015, 10:39
2
1
Price of A = $1.00 Price of B =$1.25

Assume:
Number of A sold = 100
Number of B sold = 0

Therefore:

Since Newspaper A accounted for $20 of revenue, we can say that Newspaper A accounted for 16 2/3% of revenue. In other words, r = 16 2/3 Aside: We know this because$20/$120 = 1/6 = 16 2/3% So, when we INPUT p = 20, the OUTPUT is r = 16 2/3. We'll now plug p = 20 into each answer choice and see which one yields an output of = 16 2/3 A. 100(20)/(125 - 20) = 2000/105. IMPORTANT: If we want, we can use long division to evaluate this fraction (and others), but we can save a lot of time by applying some number sense. Since 2000/100 = 20, we know that 2000/105 will be SLIGHTLY less than 20. So, we can be certain that 2000/105 does not equal 16 2/3. As such, we can ELIMINATE A. B. 150(20)/(250 - 20) = 3000/230. We know that 3000/200 = 15, so 3000/230 will be less than 15. So, we can be certain that 3000/230 does not equal 16 2/3. As such, we can ELIMINATE B. C. 300(20)/(375 - 20) = 6000/355. Hmmm, this one is a little harder to evaluate. So,we may need to resort to some long division (yuck!). Using long division, we get 6000/355 = 16.9.... ELIMINATE C. D. 400(20)/(500 - 20) = 8000/480 = 800/48 = 100/6 = 50/3 = 16 2/3. perfect! KEEP E. 500(20)/(625 - 20) = 10000/605 = 100/6.05. Notice that, above, we saw that 100/6 = 16 2/3. So, 100/6.05 will NOT equal 16 2/3. ELIMINATE E. Answer: RELATED VIDEOS _________________ Brent Hanneson – GMATPrepNow.com Sign up for our free Question of the Day emails CEO Joined: 12 Sep 2015 Posts: 2864 Location: Canada Re: Last Sunday a certain store sold copies of Newspaper A for [#permalink] ### Show Tags 26 Jul 2016, 06:55 Top Contributor udaymathapati wrote: Last Sunday a certain store sold copies of Newspaper A for$1.00 each and copies of Newspaper B for \$1.25 each, and the store sold no other newspapers that day. If r percent of the store’s revenues from newspaper sales was from Newspaper A and if p percent of the newspapers that the store sold were copies of newspaper A, which of the following expresses r in terms of p?

A. 100p/(125 – p)
B. 150p/(250 – p)
C. 300p/(375 – p)
D. 400p/(500 – p)
E. 500p/(625 – p)

If you're not sure how to proceed with this question, or if you're behind on time and you want to catch up, you can give yourself a 50-50 chance in about 15 seconds.

To do so, we'll see what happens when we use an EXTREME value for p.
Say p = 100
In other words, 100% of the newspapers sold were Newspaper A.
This means that 100% of the revenue is from Newspaper A.
In other words, when p = 100, then r = 100

At this point, we'll plug in 100 for p and see which one yields a value of 100.
Only answer choices B and D work.
B) 150(100)/(250-100) = 100 PERFECT
D) 400(100)/(500-100) = 100 PERFECT

Now take a guess (B or D) and move on.

Cheers,
Brent
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Re: Last Sunday a certain store sold copies of Newspaper A for  [#permalink]

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26 Jul 2016, 07:18
for percent problem, pick a specific number which is 100

suppose there are 100 newspaper. p percent mean p/100 so the number of newspaper A is

100*p/100= p

the number of newspaper B will be 100-p

doing this way will make our calculation simpler much.
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Re: Last Sunday a certain store sold copies of Newspaper A for &nbs [#permalink] 26 Jul 2016, 07:18

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