by: BongBideshini
31 mins
Events & Promotions
|
|
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
Track
Your Progress
Practice
Pays
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Sep 1312:30 AM EDT
-01:30 AM EDT
Struggling to find the right strategies to score a 99 %ile on GMAT Focus? Riya (GMAT 715) boosted her score by 100-points in just 15 days! Discover how the right mentorship, tailored strategies, and an unwavering mindset can transform your GMAT prep.
Sep 1301:30 AM EDT
-02:30 AM EDT
At one point, she believed GMAT wasn’t for her. After scoring 595, self-doubt crept in and she questioned her potential. But instead of quitting, she made the right strategic changes. The result? A remarkable comeback to 695. Check out how Saakshi did it.
Sep 1507:00 PM EDT
-09:00 PM EST
Elite scores are possible when you enroll in a powerful GMAT course, taught live online + 6 months access to TTP OnDemand video courses included! Class starts Tues/Thurs Sept. 15, 2026 - Nov. 15, 2027, 7:00pm-9:00pm EST
Sep 2107:00 PM EDT
-10:00 PM EDT
Boost your GMAT score in less than one month in a live online class + 6 months access to TTP OnDemand video courses included! Class starts Mon, Tues, Wed, Thur, Fri Sept. 21, 2026 - Oct. 9, 2027, 7:00pm-10:00pm EST
AbdurRakib
Joined: 11 May 2014
Last visit: 11 Sep 2026
Posts: 464
Status:I don't stop when I'm Tired,I stop when I'm done
Location: Bangladesh
Concentration: Finance, Leadership
Schools: Wharton '20 Yale '20 Tepper '20
GPA: 2.81
WE:Business Development (Real Estate)
Schools: Wharton '20 Yale '20 Tepper '20
Posts: 464
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
25%
(medium)
Question Stats:
77% (01:31) correct
23%
(01:49)
wrong
based on 7784
sessions
History
Date
Time
Result
Not Attempted Yet
A manufacturer makes and sells 2 products, P and Q. The revenue from the sale of each unit of P is $20.00 and the revenue from the sale of each unit of Q is $17.00. Last year the manufacturer sold twice as many units of Q as P. What was the manufacturer’s average (arithmetic mean) revenue per unit sold of these 2 products last year?
A. $28.50
B. $27.00
C. $19.00
D. $18.50
E. $18.00
A. $28.50
B. $27.00
C. $19.00
D. $18.50
E. $18.00
Posts: 6,727
Updated on: 05 Dec 2018, 16:06
Originally posted by BrentGMATPrepNow on 17 Jun 2017, 07:31.
Last edited by BrentGMATPrepNow on 05 Dec 2018, 16:06, edited 1 time in total.
Last edited by BrentGMATPrepNow on 05 Dec 2018, 16:06, edited 1 time in total.
AbdurRakib
Let's plug in some NICE VALUES that satisfy the given information...
Last year the manufacturer sold twice as many units of Q as P.
So, let's say the manufacturer sold 1 P and 2 Q's
What was the manufacturer’s average (arithmetic mean) revenue per unit sold of these 2 products last year?
TOTAL revenue = 1($20.00) + 2($17.00)
= $20.00 + $34.00
= $54
There were 3 units sold.
So, average price = $54/3 = $18
Answer: E
RELATED VIDEO
AbdurRakib
If the weights were the same we would get an average of (17 + 20) / 2 = 18.5.
But we have more of the product that costs 17$, so the average would be less than 18.5, only 18 works - E
General Discussion
Abhishek009
Board of Directors
Joined: 11 Jun 2011
Last visit: 17 Dec 2025
Posts: 5,880
Status:QA & VA Forum Moderator
Location: India
GPA: 3.5
WE:Business Development (Commercial Banking)
Posts: 5,880
AbdurRakib
Revenue last year from the sale of P is 20*1 = 20
Revenue last year from the sale of Q is 17*2 = 34
Total Revenue from the sale of P and Q last year is 54
Average Revenue from the sale of P and Q last year is \(\frac{54}{2+1} = 18\)
Hence, answer will be (E) 18
_________________
ScottTargetTestPrep
Expert
Target Test Prep Representative
Joined: 14 Oct 2015
Last visit: 11 Sep 2026
Posts: 22,738
Status:Founder & CEO
Affiliations: Target Test Prep
Location: United States (CA)
Expert reply
Posts: 22,738
AbdurRakib
We can compute a weighted average to solve. Let’s assume that 2 units of Q and 1 unit of P were produced last year. So the total revenue is 2 x 17 + 1 x 20 = $54, and thus the average revenue per unit is thus 54/3 = $18.
Answer: E
_________________
Scott Woodbury-Stewart | Founder and
CEO |
[email protected]
See why Target Test Prep is the top rated GMAT course on GMAT Club. Read Our Reviews
MariaAntony
Joined: 10 Mar 2019
Last visit: 13 Sep 2022
Posts: 20
Location: India
Schools: IMD Jan'23 intake
WE:Project Management (Computer Software)
Schools: IMD Jan'23 intake
Posts: 20
GMATPrepNow
I often get the below logic wrong. Could you please help?
Last year the manufacturer sold twice as many units of Q as P.
So, let's say the manufacturer sold 1 P and 2 Q's
I often get the below logic wrong. Could you please help?
Last year the manufacturer sold twice as many units of Q as P.
So, let's say the manufacturer sold 1 P and 2 Q's
Posts: 6,727
MariaAntony
This kind of wording can be tricky at times.
Last year the manufacturer sold TWICE as many units of Q as P = the number of Q's sold is TWICE the number of P's sold = = the number of Q's sold = 2(the number of P's sold)
Likewise, Joe has TWICE as many dogs as cats = the number of dogs is TWICE the number of cats = = the number of dogs = 2(the number of cats)
Does that help?
TheUltimateWinner
Joined: 23 Feb 2015
Last visit: 29 Aug 2026
Posts: 2,464
Concentration: Finance, Technology
Schools: Harvard '24 Judge '23 LBS '24 McCombs '24 Mendoza Tepper '24 Ross '24 Cox Marshall '24 Fisher Kelley '24 Jones McDonough '24 Owen '24 Terry BU Simon '24 Katz GWU Mason Babson Gabelli Foster '24 Goizueta '24 Scheller Stern '23 CBS '23 Booth '23 Haas '25 Wharton '25 Stanford '26 Johnson'23 Fuqua '23 Kellogg '23 Kenan-Flagler'23 INSEAD Aug 22 intake Olin '23 Said '23 Sloan '23 Carey Arizona "22 Yale '23 UC Davis Madison '23 Anderson '23 Carroll Carlson '23 Darden '23
Schools: Harvard '24 Judge '23 LBS '24 McCombs '24 Mendoza Tepper '24 Ross '24 Cox Marshall '24 Fisher Kelley '24 Jones McDonough '24 Owen '24 Terry BU Simon '24 Katz GWU Mason Babson Gabelli Foster '24 Goizueta '24 Scheller Stern '23 CBS '23 Booth '23 Haas '25 Wharton '25 Stanford '26 Johnson'23 Fuqua '23 Kellogg '23 Kenan-Flagler'23 INSEAD Aug 22 intake Olin '23 Said '23 Sloan '23 Carey Arizona "22 Yale '23 UC Davis Madison '23 Anderson '23 Carroll Carlson '23 Darden '23
Posts: 2,464
AbdurRakib
Hello Experts,
EMPOWERgmatRichC, VeritasKarishma, IanStewart, Bunuel, chetan2u, ArvindCrackVerbal, GMATGuruNY, AaronPond, GMATinsight, ccooley
^^ this is the actual question. What if the question is modified a bit? Could you help me by removing other choices with the EASIEST way in the new version that i modified?
A manufacturer makes and sells 2 products, P and Q. The revenue from the sale of each unit of P is $20.00 and the revenue from the sale of each unit of Q is $17.00. Last year the manufacturer sold twice as many units of P as Q. What was the manufacturer’s average (arithmetic mean) revenue per unit sold of these 2 products last year?
A. $28.50
B. $27.00
C. $19.00
D. $18.50
E. $18.00
Thanks__
_________________
Asad
Asad
The average revenue cant go beyond 17 and 20 so two options A and B eliminated
twice as many units of P as Q
i.e Average should be twice as close to price of P than to the price of Q i.e. Options D and E eliminated because the price is either midpoint 18.5 or close to Q
P = 20, Q = 17
i.e. Answer will be Option C
_________________
GMATinsight (Tutor & Admission Consultant) | Contact for a FREE trial session
Our Recent scores: 735 | 715(3) | 705(2) | 695 (>5)
FREE Resources (Recommended BOOKMARKS):
8 FREE Focus Tests | Dynamic Focus Calculator | Data Insight (DI): Guide/Analysis/20+Video solution of Official Qns.
Our Recent scores: 735 | 715(3) | 705(2) | 695 (>5)
FREE Resources (Recommended BOOKMARKS):
8 FREE Focus Tests | Dynamic Focus Calculator | Data Insight (DI): Guide/Analysis/20+Video solution of Official Qns.
EMPOWERgmatRichC
Expert
Major Poster
Joined: 19 Dec 2014
Last visit: 31 Dec 2023
Posts: 21,775
Status:GMAT Assassin/Co-Founder
Affiliations: EMPOWERgmat
Location: United States (CA)
GMAT 1: 800 Q51 V49
GRE 1: Q170 V170
Expert reply
Asad
Hi Asad,
The Answer choices to this question are really helpful - and they're "spread out" in a way that creates a great 'concept shortcut' so that we really don't have to do much math to answer this question.
To start, in simple terms we're taking the average of a certain number of 17s and a certain number of 20s.... so the average MUST be between 17 and 20. Next, IF we had the SAME number of 17s and 20s, then the average would be (17+20)/2 = 37/2 = 18.5..... However, we do NOT have the same number of each. In your example, we have MORE 20s, which will INCREASE the average to something GREATER than 18.5 (but not greater than 20, since that's not mathematically possible here). There's only one answer that makes sense....
GMAT assassins aren't born, they're made,
Rich
Asad
It doesn't matter what the question is. Think this way:
P - Selling price is $20
Q - Selling price is $17
If equal quantities of the two are sold, the average selling price would be right in the middle, i.e. 18.5.
Now, if you sell P more, avg selling price will move toward 20.
But if you sell Q more, avg selling price will move toward 17.
So if Q are more than P in number, avg will lie between 17 and 18.5 (exclusive if both are sold)
If P are more in number than Q, avg will lie between 18.5 and 20 (exclusive if both are sold)
_________________
-
Start FREE with selected GMAT/EA Content upon registration at anaprep.com
YouTube Channel: karishma.anaprep
Start FREE with selected GMAT/EA Content upon registration at anaprep.com
YouTube Channel: karishma.anaprep
AbdurRakib
Video solution by GMATinsight
_________________
GMATinsight (Tutor & Admission Consultant) | Contact for a FREE trial session
Our Recent scores: 735 | 715(3) | 705(2) | 695 (>5)
FREE Resources (Recommended BOOKMARKS):
8 FREE Focus Tests | Dynamic Focus Calculator | Data Insight (DI): Guide/Analysis/20+Video solution of Official Qns.
Our Recent scores: 735 | 715(3) | 705(2) | 695 (>5)
FREE Resources (Recommended BOOKMARKS):
8 FREE Focus Tests | Dynamic Focus Calculator | Data Insight (DI): Guide/Analysis/20+Video solution of Official Qns.
avigutman
Expert
Tutor
Joined: 17 Jul 2019
Last visit: 27 Jun 2026
Posts: 1,285
Location: Canada
Schools: NYU Stern (WA)
GMAT 1: 780 Q51 V45
GMAT 2: 780 Q50 V47
GMAT 3: 770 Q50 V45
Expert reply
Video solution from Quant Reasoning:
Subscribe for more: https://www.youtube.com/QuantReasoning? ... irmation=1
Subscribe for more: https://www.youtube.com/QuantReasoning? ... irmation=1
"manufacturer’s average (arithmetic mean) revenue per unit sold " can be considered same as combined avg of P and Q ?
got confused with COMBINED AVG
got confused with COMBINED AVG
Can,Will
Since we are asked for "manufacturer’s average (arithmetic mean) revenue per unit sold" and a single number is given in the options, it means we are looking for combined average for P and Q, not the average of each. Anyway, since each unit of P is sold at $20, its average is simply $20. Similarly for Q. The question tests your understanding of weighted averages.
Check here: https://www.youtube.com/watch?v=_GOAU7moZ2Q
_________________
-
Start FREE with selected GMAT/EA Content upon registration at anaprep.com
YouTube Channel: karishma.anaprep
Start FREE with selected GMAT/EA Content upon registration at anaprep.com
YouTube Channel: karishma.anaprep
Hi Scott,
Why does the statement "sold twice as many units of Q as P" mean 2Q = P in this case?
I saw this old thread with the same statement, but the meaning is Q = 2P.
https://gmatclub.com/forum/twice-as-man ... 04188.html
Why does the statement "sold twice as many units of Q as P" mean 2Q = P in this case?
I saw this old thread with the same statement, but the meaning is Q = 2P.
https://gmatclub.com/forum/twice-as-man ... 04188.html
ScottTargetTestPrep
navarerk
Even in this question it means Q = 2P,
That's why we are assuming if 1 unit of P was sold, then 2 units of Q were sold, i.e. if P = 1, then Q = 2P => Q = 2(1) => Q = 2.
_________________
Starting out with GMAT Quant? All You Need for the GMAT Quantitative (Math) Section!
Filters for Targeted Practice
Advanced stage of your Quant Prep? Collection of Toughest Quant Questions
Filters for Targeted Practice
Advanced stage of your Quant Prep? Collection of Toughest Quant Questions
Posts: 48
by weighted average method, the average should be less than average of the prices. Average is 18.5. Only 18 is a suitable value from the options
why doing the weighted average when the question ask for "average revenue per unit sold"? would not a unit be a unit P or a unit Q, what am I missing?
AbdurRakib
ponderare
“Average revenue per unit sold” just means:
(total revenue from all items sold) / (total number of items sold).
Here, a “unit” is one item, not “one product type.”
_________________
New to the GMAT Club?
- • Questions: Question Bank | Bunuel's Signature Collection
• Tests: GMAT Club Tests | Forum Quiz
• Guides: Quantitative | Critical Reasoning | Reading Comprehension | Ultimate Quant Guide | All You Need for Quant
• Rules: Quantitative | Verbal
Moderator:
Announcements
How to Tell If Your GMAT Prep Resources Are Actually Helping You
Subscribe to GMAT Club for New Podcast Episodes, Debriefs, & Insightful Sessions on GMAT Preparation
Subscribe to GMAT Club for New Podcast Episodes, Debriefs, & Insightful Sessions on GMAT Preparation
Tuck at Dartmouth
AI at Dartmouth Tuck: How the School Is Preparing Leaders for the Age of Artificial Intelligence
Inside the courses, research, and hands-on learning defining wise, decisive leadership in an AI-driven world.
Read More
Inside the courses, research, and hands-on learning defining wise, decisive leadership in an AI-driven world.
Read More
Top 5 GMAT Debrief Videos
Success stories and strategies from high-scoring candidates.