The price (p) of product X depends on the yearly number of units produced (n) according to the following formula: p=\frac{500-n}{10} What will the estimated price per unit be next year if an estimated number of 260 units will be sold?

GMAT Quantitative Reasoning Practice Test 2

Question : 12 of 100

Marks: +1, -0

The price

(p)

of product

X

depends on the yearly number of units produced

(n)

according to the following formula:

p=\;{500-n}/{10}

What will the estimated price per unit be next year if an estimated number of 260 units will be sold?

Solution:

Plug the number of units into the given formula to find the price per unit:

p=\;{500-260}/{10}=24 \;\text ". "\;

Go to Question:

Prev Question

Next Question