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# The only way that bookstores can profitably sell books

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The only way that bookstores can profitably sell books  [#permalink]

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24 Sep 2017, 22:59
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Difficulty:

85% (hard)

Question Stats:

49% (02:08) correct 51% (02:14) wrong based on 379 sessions

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The only way that bookstores can profitably sell books at below-market prices is to get the books at a discount from publishers. Unless bookstores generate a high sales volume, however, they cannot get discounts from publishers. To generate such volume, bookstores must either cater to mass tastes or have exclusive access to a large specialized market, such as medical textbooks, or both.

Which one of the following can be properly inferred?

(A) If a bookstore receives discounts from publishers, it will profitably sell books at below-market prices.
(B) A bookstore that caters to mass tastes or has exclusive access to a large specialized market will have a high sales volume.
(C) A bookstore that profitably sells books at below-market prices gets discounts from publishers.
(D) A bookstore that does not sell books at below market prices does not get discounts from publishers.
(E) A bookstore that not only caters to mass tastes but also has exclusive access to a large specialized market cannot profitably sell books at below-market prices.

Source: LSAT

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Re: The only way that bookstores can profitably sell books  [#permalink]

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24 Sep 2017, 23:56
3
broall wrote:
The only way that bookstores can profitably sell books at below-market prices is to get the books at a discount from publishers. Unless bookstores generate a high sales volume, however, they cannot get discounts from publishers. To generate such volume, bookstores must either cater to mass tastes or have exclusive access to a large specialized market, such as medical textbooks, or both.

Which one of the following can be properly inferred?

(A) If a bookstore receives discounts from publishers, it will profitably sell books at below-market prices.
(B) A bookstore that caters to mass tastes or has exclusive access to a large specialized market will have a high sales volume.
(C) A bookstore that profitably sells books at below-market prices gets discounts from publishers.
(D) A bookstore that does not sell books at below market prices does not get discounts from publishers.
(E) A bookstore that not only caters to mass tastes but also has exclusive access to a large specialized market cannot profitably sell books at below-market prices.

Source: LSAT

Short Story : 1. The only way that bookstores can profitably sell books at below-market prices is to get the books at a discount from publishers.
2. Unless bookstores generate a high sales volume, publishers are not going to give discounts.
3. To generate high sales volume, bookstores must either cater to mass tastes or have exclusive access to a large specialized market, such as medical textbooks, or both.

Conclusion : To sell books at below-market prices, the bookstore should get discount which is possible only by high volume sales of books which is in turm possible when bookstores either cater to mass tastes or have exclusive access to large specialized market.

(A) If a bookstore receives discounts from publishers, it will profitably sell books at below-market prices.
This might not be the case, a bookstore may or may not profitable sell books at below-market prices though they can.

(B) A bookstore that caters to mass tastes or has exclusive access to a large specialized market will have a high sales volume.
This is a required condition but not sufficient. There might be a possibility that even after catering to mass tastes or having exclusive access to large specialized market, high sales volume might not be generated.

(C) A bookstore that profitably sells books at below-market prices gets discounts from publishers.
This is surely correct. If a bookstore is selling books profitably at below-market prices, it must be getting discounts from publishers.

(D) A bookstore that does not sell books at below market prices does not get discounts from publishers.
A bookstore might be getting discount from publishers, but not selling books at below-market prices.

(E) A bookstore that not only caters to mass tastes but also has exclusive access to a large specialized market cannot profitably sell books at below-market prices.
This is totally opposite to what has been described in the passage.

So, My Answer is C (Earlier I marked B. but now I feel B is wrong) . Waiting for the original answer.
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Re: The only way that bookstores can profitably sell books  [#permalink]

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01 Oct 2017, 08:00
GMATNinja can you help with this one?
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The only way that bookstores can profitably sell books  [#permalink]

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Updated on: 24 Oct 2017, 17:45
shashankism wrote:
broall wrote:
The only way that bookstores can profitably sell books at below-market prices is to get the books at a discount from publishers. Unless bookstores generate a high sales volume, however, they cannot get discounts from publishers. To generate such volume, bookstores must either cater to mass tastes or have exclusive access to a large specialized market, such as medical textbooks, or both.

Which one of the following can be properly inferred?

(A) If a bookstore receives discounts from publishers, it will profitably sell books at below-market prices.
(B) A bookstore that caters to mass tastes or has exclusive access to a large specialized market will have a high sales volume.
(C) A bookstore that profitably sells books at below-market prices gets discounts from publishers.
(D) A bookstore that does not sell books at below market prices does not get discounts from publishers.
(E) A bookstore that not only caters to mass tastes but also has exclusive access to a large specialized market cannot profitably sell books at below-market prices.

Source: LSAT

Short Story : 1. The only way that bookstores can profitably sell books at below-market prices is to get the books at a discount from publishers.
2. Unless bookstores generate a high sales volume, publishers are not going to give discounts.
3. To generate high sales volume, bookstores must either cater to mass tastes or have exclusive access to a large specialized market, such as medical textbooks, or both.

Conclusion : To sell books at below-market prices, the bookstore should get discount which is possible only by high volume sales of books which is in turm possible when bookstores either cater to mass tastes or have exclusive access to large specialized market.

(A) If a bookstore receives discounts from publishers, it will profitably sell books at below-market prices.
This might not be the case, a bookstore may or may not profitable sell books at below-market prices though they can.

(B) A bookstore that caters to mass tastes or has exclusive access to a large specialized market will have a high sales volume.
This is a required condition but not sufficient. There might be a possibility that even after catering to mass tastes or having exclusive access to large specialized market, high sales volume might not be generated.

(C) A bookstore that profitably sells books at below-market prices gets discounts from publishers.
This is surely correct. If a bookstore is selling books profitably at below-market prices, it must be getting discounts from publishers.

(D) A bookstore that does not sell books at below market prices does not get discounts from publishers.
A bookstore might be getting discount from publishers, but not selling books at below-market prices.

(E) A bookstore that not only caters to mass tastes but also has exclusive access to a large specialized market cannot profitably sell books at below-market prices.
This is totally opposite to what has been described in the passage.

So, My Answer is C (Earlier I marked B. but now I feel B is wrong) . Waiting for the original answer.

Originally posted by bluetrain on 01 Oct 2017, 23:10.
Last edited by bluetrain on 24 Oct 2017, 17:45, edited 1 time in total.
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Re: The only way that bookstores can profitably sell books  [#permalink]

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02 Oct 2017, 00:11
2
1
broall wrote:
The only way that bookstores can profitably sell books at below-market prices is to get the books at a discount from publishers. Unless bookstores generate a high sales volume, however, they cannot get discounts from publishers. To generate such volume, bookstores must either cater to mass tastes or have exclusive access to a large specialized market, such as medical textbooks, or both.

Which one of the following can be properly inferred?

(A) If a bookstore receives discounts from publishers, it will profitably sell books at below-market prices.
If could A then B. However, "if B then A" isn't true. The correct logic is "if not B then not A".

(B) A bookstore that caters to mass tastes or has exclusive access to a large specialized market will have a high sales volume.
To do A then need B or C. However, "if have B or C then A" isn't true.

(C) A bookstore that profitably sells books at below-market prices gets discounts from publishers.
This choice just restates the first sentence.

(D) A bookstore that does not sell books at below market prices does not get discounts from publishers.
If A then B. However, "if not A then not B" is wrong.

(E) A bookstore that not only caters to mass tastes but also has exclusive access to a large specialized market cannot profitably sell books at below-market prices.
This choice logically opposes to the argument above.
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Re: The only way that bookstores can profitably sell books  [#permalink]

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14 Oct 2017, 21:50
GMATNinja can you help with this one?

Can you please provide more details such as what problem you are facing or what option you did not understand? I might be able to help you?
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Re: The only way that bookstores can profitably sell books  [#permalink]

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18 Oct 2017, 07:13
C looks like the premise itself.How can we call it an inference?
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The only way that bookstores can profitably sell books  [#permalink]

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30 Oct 2017, 04:22
pkm9995109794 wrote:
C looks like the premise itself.How can we call it an inference?

Hi pkm9995109794,

An inference HAS to be true. We are looking for the one answer that is 100% true. Given that the question stem states the actual answer, as pointed out above, that means it has to be true. Hence, this our answer. We are not necessarily looking for a conclusion, but simply the correct answer.

For an assumption question, this would be incorrect as assumption cannot state any information in the paragraph.

Does this help?
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Re: The only way that bookstores can profitably sell books  [#permalink]

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30 Oct 2017, 11:31
The only way that bookstores can profitably sell books at below-market prices is to get the books at a discount from publishers. Unless bookstores generate a high sales volume, however, they cannot get discounts from publishers. To generate such volume, bookstores must either cater to mass tastes or have exclusive access to a large specialized market, such as medical textbooks, or both.

Which one of the following can be properly inferred?

(A) If a bookstore receives discounts from publishers, it will profitably sell books at below-market prices. -If the seller gets discount then he might make profits depending on the sales. The inverse is true as per the passage.
(B) A bookstore that caters to mass tastes or has exclusive access to a large specialized market will have a high sales volume. -Again it is the opposite of what is stated in the passage.
(C) A bookstore that profitably sells books at below-market prices gets discounts from publishers. -Correct
(D) A bookstore that does not sell books at below market prices does not get discounts from publishers. -It is not 100% true
(E) A bookstore that not only caters to mass tastes but also has exclusive access to a large specialized market cannot profitably sell books at below-market prices. -Opposite of what is stated in the passage.
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Re: The only way that bookstores can profitably sell books  [#permalink]

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23 Apr 2018, 00:37
broall wrote:
The only way that bookstores can profitably sell books at below-market prices is to get the books at a discount from publishers. Unless bookstores generate a high sales volume, however, they cannot get discounts from publishers. To generate such volume, bookstores must either cater to mass tastes or have exclusive access to a large specialized market, such as medical textbooks, or both.

Which one of the following can be properly inferred?

(A) If a bookstore receives discounts from publishers, it will profitably sell books at below-market prices.
(B) A bookstore that caters to mass tastes or has exclusive access to a large specialized market will have a high sales volume.
(C) A bookstore that profitably sells books at below-market prices gets discounts from publishers.
(D) A bookstore that does not sell books at below market prices does not get discounts from publishers.
(E) A bookstore that not only caters to mass tastes but also has exclusive access to a large specialized market cannot profitably sell books at below-market prices.

Source: LSAT

Hi Experts,
Below is how I processed given argument. Could you please verify that my line of thought is correct?

Discount from publishers --will lead to --> Below-market price sale --will lead to--> Profitablity
High sales volume --will lead to--> Discount from publishers
Either Exclusive or a large specialized market or both --will lead to--> High sales volume

Since its clear that "Discount from publishers" is the only thing in the argument that will enable sellers to sale books at below-market price, Option C is correct? ( A bookstore that profitably sells books at below-market prices gets discounts from publishers.)
Re: The only way that bookstores can profitably sell books &nbs [#permalink] 23 Apr 2018, 00:37
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