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Over the weekend, a shoe store sold 1/3 of the shoes in its stock. The average price of the shoes sold was $60 per pair. What was the total revenue from the shoe sales over the weekend for this shoe store?
(1) When the store closed on Sunday night, 600 pairs of shoes were still in stock.
(2) The store began the weekend with 900 pairs of shoes.
(1) When the store closed on Sunday night, 600 pairs of shoes were still in stock.
(2) The store began the weekend with 900 pairs of shoes.
28 Nov 2025, 00:39
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Bunuel
Let’s take the total shoes in the stock to be 3x.
If (1/3)rd of the shoe is sold = (1/3)*3x = x
The unsold shoe = 3x - x = 2x
Average price of the shoe sold = $60 per pair.
Total revenue over weekend = ?
Statement 1:
(1) When the store closed on Sunday night, 600 pairs of shoes were still in stock.
Unsold = 2x = 600, thus x =300
Total shoes at the store = 3x = 3*300 = 900 shoes.
Revenue = Shoe sold * average price per pair
= 300 * 60
= 18,000
Hence, Sufficient.
Statement 2:
(2) The store began the weekend with 900 pairs of shoes.
Out of the 900 pairs, (1/3)rd is sold = 300 shoes are sold.
300 shoes average price of 60 per pair = 300*60 = 18000.
Hence, Sufficient.
Option D
28 Nov 2025, 01:41
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No.of shoes sold over the weekend = 1/3 of the stock
Therefore , unsold stock = 2/3 of the stock
1. Given that unsold stock = 600
So the total stock:
600= 2/3 * total stock
Total stock = 900
Hence , No. Of shoes sold = 1/3 * 900 = 300
So, we can get total revenue. Alone Sufficient.
2.Total stock at the beginning of the weekend is given i.e. 900
So, stock sold = 1/3* 900 = 300
So, we can get total revenue. Alone Sufficient.
So both alone are sufficient.
Hence, option D
Therefore , unsold stock = 2/3 of the stock
1. Given that unsold stock = 600
So the total stock:
600= 2/3 * total stock
Total stock = 900
Hence , No. Of shoes sold = 1/3 * 900 = 300
So, we can get total revenue. Alone Sufficient.
2.Total stock at the beginning of the weekend is given i.e. 900
So, stock sold = 1/3* 900 = 300
So, we can get total revenue. Alone Sufficient.
So both alone are sufficient.
Hence, option D
