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Manager
Joined: 23 Mar 2008
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01 Apr 2008, 12:48
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At the beginning of last month, a stationery store had in stock 250 writing pads, which had cost the store \$0,75 each. During the same month, the store made only one purchase of writing pads. What was the total amount spent by the store on the writing pads it had in stock at the end of last month?

1) Last month the store purchased 150 writing pads for \$ 0,80 each.

2) Last month the total revenue from the sale of writing pads was \$180.

The OA is E. Why 1) is not sufficient?

Tnx

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Director
Joined: 05 Jan 2008
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01 Apr 2008, 12:52
Do we know how many are in stock( not sold yet?) thus it is E, the shop had 250 and bought again 150 but we don't know how many are in stock, thus E

hope this helps
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Persistence+Patience+Persistence+Patience=G...O...A...L

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Manager
Joined: 14 Mar 2008
Posts: 130

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01 Apr 2008, 13:37
puma wrote:
At the beginning of last month, a stationery store had in stock 250 writing pads, which had cost the store \$0,75 each. During the same month, the store made only one purchase of writing pads. What was the total amount spent by the store on the writing pads it had in stock at the end of last month?

1) Last month the store purchased 150 writing pads for \$ 0,80 each.

2) Last month the total revenue from the sale of writing pads was \$180.

The OA is E. Why 1) is not sufficient?

Tnx

that's a poorly phrased question at best. I'd guessed A too if I didn't see the OA. I guess the reasoning is that the store could've sold some writing pads which changed the number of leftover at the end of the month.

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