GMAT Question of the Day

A store sells newspaper A at price of $1 and B at price of $1.25. In a certain day, if r percent of the total income is from A, and p percent of the total copies sold are A, in terms of r, p=?

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  1. daveparthiv says:

    My answer is:

    r = 100p/(p +123.75)

    My method was:
    i) Let x be the total copies
    ii) copies of A = px/100
    iii) copies of B would be: (100-p)x/100

    iv) Total income from A = px/100 $
    v) Total income from B = (125x-1.25px)/100
    vi) Adding iv) and v) gives total income, which is: (125x+(p-1.25)x)/100

    Therefore, r = 100*px/(125x+px-1.25x)…….. since r is % of total income from A.
    r = px/(123.75x+px)
    = p/(p+123.75)

  2. Jess says:

    Hi,

    I think best way wud be using the figures.
    Say there are 60 copies of each paper.
    By selling paper A, income received = 60$
    By selling paper B, income received = 75$
    Total income = 135$
    Now r% = 60/135 and p% = 75/135 = 5/4*r%..which is the ans reqd..
    You can verify the same with any number of papers.

  3. Raj says:

    Suppose total 100 Copies.
    A – > P Copies
    B -> 100 – p Copies

    Total Income = P + (100 – P)1.25

    A’s Income i.e r % = (P+(100-P)1.25 )r / 100

  4. DiD says:

    say r= 50% then p = r * 1.25/(1+1.25)

    thus p = 5/9 % (cross checked)

  5. DiD says:

    sorry

    1.25r / (0.25r + 100)

    say 50% revenues from A then p % = 1.25(50) / (.25*50 + 100) = 62.5/112.5 = 5/9

  6. AP says:

    Answer should be:

    p = 1.25r / (0.0025r + 1)

  7. tapas says:

    I got the ans: 500r / (400+r)

  8. Krishna says:

    My answer:

    Considering the ratio of incomes for B and A

    (100-p) * 1.25 / p = (100-r)/r

    => p = 500 r/(r+400)

  9. Ankit says:

    is anybody able to see the options??

  10. Binita says:

    GMAT TEAM plz give true answer

  11. Binita says:

    Total Income of A = r * x (where x=Total Income)
    Total Income of B = (100 – r) * x

    Total Copies of A = p * y (where y = Total Copies)
    Total Copies of B = (100 – p) * y

    Now ,

    Total Income Of A = Total Copies of A * Amount of each copy (viz is 1)
    So , r*x = p * y * 1
    Hence , x/y = p/r —–(i)

    Similarly , Total Income of B = Total Copies of B * Amount of each Copy (viz 1.25)
    So , (100 – r) * x = (100 – p) * y
    Solve n u will get , x/y = (100 – p)(1.25) / (100 – r) —–(ii)

    Equate i n ii and solve u will get the answer as,

    p= (125 * r) / (100 – 0.25r)

  12. Binita says:

    is it rt ?

  13. Mahadev Suvarna says:

    Let “X” be the no. of A newspaper copies sold.
    Let “Y” be the no. of B newspaper copies sold.
    From the given statements:
    Eq.1:
    r(X+1.25Y)/100 = X
    Eq. 2
    p(X+Y)/100 = X

    SIMPLIFICATION GIVES p = 1.125 r

  14. WT says:

    p = 1.25r / (1 + 0.25r) if p and r are expressed as decimals from 0 to 1

    p = 125r / (100 + 0.25r) if p and r are expressed as percentages from 0 to 100

  15. Binita says:

    whats the true answer????????????????

  16. krishna74 says:

    p=500r/(400+r)

  17. vd says:

    lets understand the solution:
    Assume,total no of copies sold=C
    copies sold for A=C*p
    copies sold for B=C*(100-p)
    Now,

    r = [(C*p*1$)/{C*p*1$+C*(100-p)*1.25$}]*100
    r= 500r/(400+r)

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