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.
May 0808:00 PM PDT
-09:00 PM PDT
Free- full-length test + 15 concept videos + 150+ short videos + study plan!
May 0912:30 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.
May 0808:00 AM PDT
-08:30 AM PDT
Join the special YouTube live-stream for selecting the winners of GMAT Club MBA Scholarships sponsored by Juno live. Watch who gets these coveted MBA scholarships offered by GMAT Club and Juno.
May 1001:00 AM EDT
-02:00 AM EDT
Stuck at the same GMAT score? Plateaus aren’t about effort—they’re about approach. Watch Srikar’s journey to uncover what truly drives score improvement—and how you can apply it to break your plateau.- May 15
06:00 PM PDT
-07:00 PM PDT
Start your free trial!
04 Dec 2024, 09:00
Kudos
Bookmarks
Number of solid chairs: 280
Number of leather chairs: 160
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
15%
(low)
Question Stats:
85% (02:32) correct
15%
(02:30)
wrong
based on 453
sessions
History
Date
Time
Result
Not Attempted Yet
Fran’s Furniture produces upholstered chairs. The price of fabrics chosen will affect the cost of manufacturing each chair. Customers can choose a solid fabric, a patterned fabric, or leather, each at a different price. Based on market research, Fran’s expects the greatest demand to be for the patterned fabric, so the company wants to keep chairs upholstered in the patterned fabric in stock for immediate shipment, while the solid and leather options can be special orders. The sales department forecasts that the number of patterned chairs sold will be 45% of total sales and will exceed the number of leather chairs by 200. If Fran’s sells 800 upholstered chairs in a year, find the number of chairs with solid upholstery and the number of leather chairs the sales department expects to sell.
| Number of solid chairs | Number of leather chairs | |
| 150 | ||
| 160 | ||
| 180 | ||
| 250 | ||
| 280 | ||
| 360 |
ShowHide Answer
Official Answer
Number of solid chairs: 280
Number of leather chairs: 160
04 Dec 2024, 11:24
Kudos
Bookmarks
Bismuth83
PC LC Solid
(45% of 800 = 360) PC = LC + 200 Solid = Total - PC -LC
So PC = 160 Solid=800-160-360 = 280
Hope it helps
05 Dec 2024, 09:00
Kudos
Bookmarks
1. The number of patterned chairs will be equal to \(45\% * 800 = 0.45 * 800 = 360\).
2. Then, the number of leather chairs is 200 less or \(360 - 200 = 160\).
3. The remainder will be the number of solid chairs: \(800 - 360 - 160 = 280\).
4. Our answer will be: Number of solid chairs - 280 and Number of leather chairs - 160.
2. Then, the number of leather chairs is 200 less or \(360 - 200 = 160\).
3. The remainder will be the number of solid chairs: \(800 - 360 - 160 = 280\).
4. Our answer will be: Number of solid chairs - 280 and Number of leather chairs - 160.
