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27 Aug 2026, 03:34
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C
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
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Question Stats:
42% (02:01) correct
58%
(01:31)
wrong
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Eagle Eyes sells two models of binoculars: Model A sells for $150 and Model B for $240. If the average selling price for the binoculars it sold last month was $160, Model B accounted for what fraction of Eagle Eyes’ total sales revenue from binoculars last month?
(A) \(\frac{1}{9}\)
(B) \(\frac{1}{8}\)
(C) \(\frac{1}{6}\)
(D) \(\frac{1}{5}\)
(E) \(\frac{1}{4}\)
(A) \(\frac{1}{9}\)
(B) \(\frac{1}{8}\)
(C) \(\frac{1}{6}\)
(D) \(\frac{1}{5}\)
(E) \(\frac{1}{4}\)
27 Aug 2026, 04:18
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Very nice curve ball thrown in the last sentence of the question 🫣
Question is asking for B as fraction of total sales revenue and sales volume
Let the number of Model A sold = A
Let the number of Model B sold = B
Total revenue = 150A + 240B
Total items sold = A + B
Average selling price = Total revenue / Total items sold
160 = (150A + 240B) / (A+B)
Solving for this, we get
B/A = 1/8
Its easy to get trapped here and mark 1/9 as an answer. But the question is not asking fraction of B and total number of items sold. It is asking for revenue share of B as fraction to total sales revenue.
Revenue through B/Revenue through A = (1/8)*(240/150) = 1/5
Therefore, the answer is 1/6 i.e (C)
Question is asking for B as fraction of total sales revenue and sales volume
Let the number of Model A sold = A
Let the number of Model B sold = B
Total revenue = 150A + 240B
Total items sold = A + B
Average selling price = Total revenue / Total items sold
160 = (150A + 240B) / (A+B)
Solving for this, we get
B/A = 1/8
Its easy to get trapped here and mark 1/9 as an answer. But the question is not asking fraction of B and total number of items sold. It is asking for revenue share of B as fraction to total sales revenue.
Revenue through B/Revenue through A = (1/8)*(240/150) = 1/5
Therefore, the answer is 1/6 i.e (C)
