cleetus
I just came across this question.I have explained how i solved this. If u know a better (fast method) method to solve this. Plz help. Am not sure if this is GMAT Q Type.
Q) If A can buy 15 books less for Rs.900 when the price of each book goes up by Rs.3. find the original initial price.
A) 10
B) 12
C) 14
D) 16
Explanation
Since the number of books is not given, I could not plug in the values. So this is solved using quadratic equations.
This is how i solved.
Let the number of books bought initially for Rs.900 be 'x'. So the original price of the book was 900/x
Now price of the book is up by 3. i.e., (900/X) + 3. and number of books bought is reduced by 15. i.e., (x-15)
Since new total amount spent is still same, the product of new price and new number of books is still 900
[(900/x)+3] (x-15) = 900
(900+3x) (x-15) = 900x
3x^2 +855-13500 = 900x Now use quadratic equation to find the value of x.
x^2 -15x-4500 = 0
x^2 -75x+60x-4500 =0
x(x-75)+60(x-75) =0
(x-75) (x+60) =0
so x = 75 or x = 60
since x cannnot be negative, x = 60
Thus the original price of the book = 900/75 = 12
Answer B.