GMAT Quantitative Reasoning Practice Test 1

Question : 29 of 100

Marks: +1, -0

A grocer bought

24 {\kg}

of coffee beans at price

X

. After a while one third of the stock got spoiled so he sold the rest for

200\$

per kilo and made a total profit of twice the cost. What must be price

X

Solution:

The total income is

16 × 200

. The cost is

24 X

, and the total profit is

3200-24 X=48 X

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