Is the total profit from the sales of 3 products greater than $6? 1) T

Question

Is the total profit from the sales of 3 products greater than $6?

1) The least profit from the sales of the 3 products is at least $2.1
2) The 2nd largest profit from the sales of the 3 products is at least $3.1.

chetan2u · Answer

Hi..
The wordings are not clear..
So when you say " The Least profit from the sales of the 3 products....", You actually mean -" the least profit from the sale of any of the three products"..
And also NONE is sold at loss

Let's see the statements..
Statement I..
Least profit from any of the three is 2.1, so from all three will be ATLEAST 3*2.1=6.3..
Ans YES 
Sufficient 
Statement II..
2nd largest profit is 3.1..
So even if least is 0, profit will be >3.1*2 or >6.2
Suff

D

srikanth9502 · Answer

Stmnt 1) Remaining 2 profits are atleast 2.1 -> 2.1*3 = 6.3 (min profit) - suff
Stmnt 2) Third profit is atleast 3.1 -> min profit is 0+3.1+3.1 = 6.2 (suff)

MathRevolution · Answer

=> Condition 1)
Since the minimum profit of 3 products is $2.1, the total profit of them is greater than or equal to $2.1 x 3 = $6.3, which is greater than $6.
Thus this is sufficient.

Condition 2)
Since the 3nd largest profit is at least $3.1, the sum of the first and the second products is at least $6.2, which is greater than $6.
Thus this is sufficient too.

Ans: D

stne · Answer

In the current format the answer should be B and NOT A.

Note statement 1 : The least profit from the sales of the 3 products is at least $2.1
 it DOES NOT say: The least profit from the sales of any ONE product is at least $2.1and all products were sold at a profit.(Ver.2)
IF the statement were as given in Ver.2 then it could have been sufficient.

The least profit from the sales of the 3 products is at least $2.1 , that means we are taking the profit of 3 products together. So together the profit from the 3 products could be $4 or $5 and answer would be no or the profit could be $6.1 or $10 and answer would be yes. Hence statement one is insufficient IMO.

Statement 2 : The 2nd largest profit from the sales of the 3 products is at least $3.1 , so the largest profit will be more than 3.1 hence total profit from these 2 products we will more than $6.2 . Hence B is sufficient .

shivam10 · Answer

Poorly worded and Poor-Quality Question

Is the total profit from the sales of 3 products greater than $6? 1) T

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