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Updated on: 15 Nov 2023, 12:17
Originally posted by Sajjad1994 on 01 Apr 2021, 22:00.
Last edited by BottomJee on 15 Nov 2023, 12:17, edited 2 times in total.
Last edited by BottomJee on 15 Nov 2023, 12:17, edited 2 times in total.
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Dropdown 1: a lesser effect on projected sales than
Dropdown 2: Brand C for $3.50 per box
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
95%
(hard)
Question Stats:
45% (03:32) correct
55%
(03:22)
wrong
based on 306
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For each statement, select the option from the drop-down menu that completes the statement as accurately as possible according to the information provided.
1. In general, the selling price of Brand C tea has the selling price of Brand B tea.
2. If selling one box of tea of any brand costs a retailer $1.50, then a retailer could expect to realize the greatest total profit by selling boxes of .
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Dropdown 1: a lesser effect on projected sales than
Dropdown 2: Brand C for $3.50 per box
rocky620
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Joined: 10 Nov 2018
Last visit: 11 May 2023
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Location: India
Concentration: General Management, Strategy
Schools: IIMA PGPX'22 IIMB EPGP'22 IIMC PGPEX'22 ISB'22
GMAT 1: 590 Q49 V22
WE:Other (Retail: E-commerce)
18 Jul 2021, 11:35
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In general, the selling price of Brand C tea has____________the selling price of Brand B tea.
There are 8 price points, of which in 5 price points Brand B has higher projected sales than that of Brand C. (Kindly Refer the image)
A. a greater effect on projected sales than
B. as much effect on projected sales as
C. a lesser effect on projected sales than
If selling one box of tea of any brand costs a retailer $1.50, then a retailer could expect to realize the greatest total profit by selling boxes of___________.
Profit Per Box = #Boxes sold (in 100's)*(Selling Price-1.5)
A. Brand A for $2.00 per box = 110*(2-1.5) = 55
B. Brand B for $2.50 per box = 100*(2.5-1.5) = 100
C. Brand B for $3.00 per box = 85*(3-1.5) = 127.5
D. Brand C for $3.50 per box = 65*(3.5-1.5) = 130
E. Brand C for $3.75 per box = 50*(3.75-1.5) = 112.5
There are 8 price points, of which in 5 price points Brand B has higher projected sales than that of Brand C. (Kindly Refer the image)
A. a greater effect on projected sales than
B. as much effect on projected sales as
C. a lesser effect on projected sales than
If selling one box of tea of any brand costs a retailer $1.50, then a retailer could expect to realize the greatest total profit by selling boxes of___________.
Profit Per Box = #Boxes sold (in 100's)*(Selling Price-1.5)
A. Brand A for $2.00 per box = 110*(2-1.5) = 55
B. Brand B for $2.50 per box = 100*(2.5-1.5) = 100
C. Brand B for $3.00 per box = 85*(3-1.5) = 127.5
D. Brand C for $3.50 per box = 65*(3.5-1.5) = 130
E. Brand C for $3.75 per box = 50*(3.75-1.5) = 112.5
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07 Apr 2024, 17:32
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Sajjad1994
Will the profits resulting from 'Brand C for $3.75 per box' not yield higher profits vis-a-vis 'Brand C for $3.50 per box'.
IMO, (E) should be the correct answer for Q2.
Please assist
Will the profits resulting from 'Brand C for $3.75 per box' not yield higher profits vis-a-vis 'Brand C for $3.50 per box'.
IMO, (E) should be the correct answer for Q2.
Please assist
