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Quantitative - Mathematics - Word Problems:

Profit and Loss

MCQ - 391-13158

Question:

A certain electronic component is sold in boxes of 54 for $16.20 and in boxes of 27 for $13.20. A customer who needed only 54 components for a project had to buy 2 boxes of 27 because boxes of 54 were unavailable. Approximately how much more did the customer pay for each component due to the unavailability of the larger boxes?

  1. $0.33
  2. $0.19
  3. $0.11
  4. $0.19
  5. $0.03

Correct Answer: B

Explanation:

Boxes of 54: the price per one component = 16.20/54

Boxes of 27: the price per one component = 13.20/27

The difference = 13.20/27 - 16.20/54 = (26.4 - 16.2)/54 = ~0.19.

Record Performance

1297 MCQ for effective preparation of the test of Profit and Loss of Word Problems section.

Read the MCQ statement: A certain electronic component is sold in boxes of 54 for $16.20 and in boxes of 27 for $13.20. A customer who needed only 54 components for a projec .... the larger boxes? , keenly and apply the method you have learn through the video lessons for Profit and Loss to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 391-13158.

How to Answer

Solve the question for MCQ No. and decide which option (A through D/E) is the best choice to answer the MCQ, then click/tap the blue button to view the correct answer and it explanation.

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