It is currently 24 Jun 2017, 14:20

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

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

Profit Loss Question

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
SVP
SVP
avatar
Joined: 16 Nov 2010
Posts: 1664
Location: United States (IN)
Concentration: Strategy, Technology
Premium Member Reviews Badge
Profit Loss Question [#permalink]

Show Tags

New post 22 Nov 2010, 05:30
00:00
A
B
C
D
E

Difficulty:

(N/A)

Question Stats:

0% (00:00) correct 0% (00:00) wrong based on 0 sessions

HideShow timer Statistics

Hi

Please help with this one :

A merchant sold 1000 widgets with no profit or loss. For the next widgets he sold ffor a profit of 0.50$ each and now his total profit is p. Now calculate the whole profit he made including the 100 widgets.

Answer is :2p+1000


Regards,
Subhash
Manager
Manager
avatar
Joined: 03 Jun 2010
Posts: 181
Location: United States (MI)
Concentration: Marketing, General Management
WE: Business Development (Consumer Products)
GMAT ToolKit User Reviews Badge
Re: Profit Loss Question [#permalink]

Show Tags

New post 22 Nov 2010, 06:27
May be it should be "Now calculate the whole profit he made including the 1000 widgets"?
SVP
SVP
avatar
Joined: 16 Nov 2010
Posts: 1664
Location: United States (IN)
Concentration: Strategy, Technology
Premium Member Reviews Badge
Re: Profit Loss Question [#permalink]

Show Tags

New post 22 Nov 2010, 07:34
Yeah, sorry for the typo, you're right, it should be 1000 instead of 100.
Manager
Manager
avatar
B
Joined: 20 Apr 2010
Posts: 247
Location: Hyderabad
WE 1: 4.6 years Exp IT prof
Reviews Badge
Re: Profit Loss Question [#permalink]

Show Tags

New post 22 Nov 2010, 09:17
I still have some doubts about the question above....
is it correct question...???
_________________

I will give a Fight till the End

"To dream anything that you want to dream, that is the beauty of the human mind. To do anything that you want to do, that is the strength of the human will. To trust yourself, to test your limits, that is the courage to succeed."
- Bernard Edmonds

A person who is afraid of Failure can never succeed -- Amneet Padda

Don't Forget to give the KUDOS

Re: Profit Loss Question   [#permalink] 22 Nov 2010, 09:17
Display posts from previous: Sort by

Profit Loss Question

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  


GMAT Club MBA Forum Home| About| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group and phpBB SEO

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.