Pamela buys 10 apples for 2 at what price should she sell the 10 apples to earn 100% profit

The given question is a GMAT 500-600 level problem solving question from the topic Profit & Loss. This GMAT quant question tests the concept of computing the selling price of an article. An easy GMAT arithmetic word problem.

Question 11: Sam buys 10 apples for $1. At what price should he sell a dozen apples if he wishes to make a profit of 25%?

  1. $0.125
  2. $1.25
  3. $0.25
  4. $1.5
  5. $1.8

Get to Q51 in GMAT Quant

Online GMAT Course
From INR 2500

GMAT Live Online Classes

Starts Thu, September 8, 2022

The cost price of 1 apple = $\\frac{1}{10}) or $0.10. Because Sam wishes to make a profit of 25%, selling price per apple should be 0.10 + 25% of 0.10 = 0.1 + 0.025 = $0.125.

If the selling price of 1 apple is $0.125, the selling price of a dozen apples = 12 × 0.125 = $1.5

Selling price of a dozen apples is $1.5

Choice D is the correct answer.

Pamela buys 10 apples for 2 at what price should she sell the 10 apples to earn 100% profit

Try Numerade free for 7 days

Try Numerade free for 7 days


Continue

Pamela buys 10 apples for 2 at what price should she sell the 10 apples to earn 100% profit

Try Numerade free for 7 days

Try Numerade free for 7 days


Continue
Pamela buys 10 apples for 2 at what price should she sell the 10 apples to earn 100% profit

Try Numerade free for 7 days

Try Numerade free for 7 days


Continue

Lorem ipsum dolor sit amet, consectetur adipiscing elit.Morbi adipiscing gravdio, sit amet suscipit risus ultrices eu.Fusce viverra neque at purus laoreet consequa.Vivamus vulputate posuere nisl quis consequat.

Create an account

if you want to remove an article from website contact us from top.

Guys, does anyone know the answer?

get pamela buys 10 apples for rs. 200. at what price should she sell the 10 apples to earn 100% profit? from screen.

Pamela buys 10 apples for $2.00. At what price should she sell the 10 apples to earn a 100% profit?

Answer to: Pamela buys 10 apples for $2.00. At what price should she sell the 10 apples to earn a 100% profit? By signing up, you'll get thousands...

Pamela buys 10 apples for 2 at what price should she sell the 10 apples to earn 100% profit

अधिक देखने के लिए क्लिक करें

स्रोत : study.com

Sam buys 10 apples for Re. 1 . At what price should he sell a dozen apples if he wishes to make a profit of 25% ?

Click here👆to get an answer to your question ✍️ Sam buys 10 apples for Re. 1 . At what price should he sell a dozen apples if he wishes to make a profit of 25% ?

Pamela buys 10 apples for 2 at what price should she sell the 10 apples to earn 100% profit

अधिक देखने के लिए क्लिक करें

स्रोत : www.toppr.com

Shyam buys 10 apples for Rs 1. At what price should he sell a dozen apples if he wishes to make a profit of 25%?

Answer (1 of 6): CP 10 apples= ₹1 or 100 paise CP per apple=10 paise CP 12 apples=120 paise Now in order to earn a profit of 25% he needs to sell a dozen at 125/100×120= 150 paise or ₹1.50

Pamela buys 10 apples for 2 at what price should she sell the 10 apples to earn 100% profit

अधिक देखने के लिए क्लिक करें

स्रोत : www.quora.com

Do you want to see answer or more ?