GMAT Question of the Day - Daily to your Mailbox; hard ones only

It is currently 22 Apr 2019, 09:15

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

The percentage profits on three articles A, B, and C is 10%

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
TAGS:

Hide Tags

 
Current Student
User avatar
G
Joined: 22 Jun 2016
Posts: 242
Reviews Badge
The percentage profits on three articles A, B, and C is 10%  [#permalink]

Show Tags

New post 08 May 2017, 22:58
4
00:00
A
B
C
D
E

Difficulty:

  45% (medium)

Question Stats:

71% (02:48) correct 29% (02:25) wrong based on 43 sessions

HideShow timer Statistics

The percentage profits on three articles X, Y, and Z is 10%, 20% and 25% and the ratio of their cost price is 1:2:4. Also, the ratio of the number of articles sold of X, Y and Z is 2:5:2. The overall profit percentage is:

A. 15
B. 17
C. 19
D. 21
E. 23

_________________
P.S. Don't forget to give Kudos :)
Intern
Intern
avatar
B
Joined: 29 Apr 2017
Posts: 29
Location: India
Concentration: General Management, Other
WE: Engineering (Computer Software)
Re: The percentage profits on three articles A, B, and C is 10%  [#permalink]

Show Tags

New post 08 May 2017, 23:19
1
14101992 wrote:
The percentage profits on three articles X, Y, and Z is 10%, 20% and 25% and the ratio of their cost price is 1:2:4. Also, the ratio of the number of articles sold of X, Y and Z is 2:5:2. The overall profit percentage is:

A. 15
B. 17
C. 19
D. 21
E. 23


IMO, (D) is the answer.

Ratio of CP given is 1:2:4.
So, let cost price of,
A = x
B = 2x
C = 4x

Ratio of Number of articles sold is given as 2:5:2.
Let number of articles sold be,
A = 2y
B = 5y
C = 2y

Total cost (A+B+C),
= (2xy+10xy+8xy)
= 20xy

Profit of A = 0.2xy
Profit of B = 2xy
Profit of C = 2xy
Total profit = 4.2xy
% Profit = (4.2xy*100)/20xy = 21%.

So, (D) is the answer.

If you like my post, please encourage by giving KUDOS. :-D
Current Student
avatar
B
Status: preparing
Joined: 30 Dec 2013
Posts: 39
Location: United Arab Emirates
Concentration: Technology, Entrepreneurship
GMAT 1: 660 Q45 V35
GMAT 2: 640 Q49 V28
GMAT 3: 640 Q49 V28
GMAT 4: 640 Q49 V28
GMAT 5: 640 Q49 V28
GPA: 2.84
WE: General Management (Consumer Products)
GMAT ToolKit User
Re: The percentage profits on three articles A, B, and C is 10%  [#permalink]

Show Tags

New post 16 Jul 2017, 23:46
2
1
14101992 wrote:
The percentage profits on three articles X, Y, and Z is 10%, 20% and 25% and the ratio of their cost price is 1:2:4. Also, the ratio of the number of articles sold of X, Y and Z is 2:5:2. The overall profit percentage is:

A. 15
B. 17
C. 19
D. 21
E. 23


Since cost is in ratio. Let cost be 100, 200, 400
no. of items sold 2:5:2.
so total cost = 2x100 + 5x200 + 2x400 = 2000
profit from x = 10% of 200 (since 2 items sold)
= 20
profit from y = 20% of 1000 = 200
profit frm z = 25% of 800 = 200
total profit = 20+200+200=420

overal profit percentage = total profit/total cost x100 = 420/2000 x100 = 21%
GMAT Club Bot
Re: The percentage profits on three articles A, B, and C is 10%   [#permalink] 16 Jul 2017, 23:46
Display posts from previous: Sort by

The percentage profits on three articles A, B, and C is 10%

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


Copyright

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

Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne

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®.