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A shopkeeper purchased 20 identical units of an item at a cost of $20 per unit. He sold some of the units at a price of $x per unit and the remaining units at $y per unit. What was his gross profit made by selling the 20 units of the item?(1) The number of units sold at $x per unit was 12(2) The total revenue generated by selling the 20 units was $880a)Statement (1) ALONE is sufficient, but statement (2) alone isnot sufficient to answer the question askedb)Statement (2) ALONE is sufficient, but statement (1) alone isnot sufficient to answer the question askedc)BOTH statements (1) and (2) TOGETHER are sufficient toanswer the question asked, but NEITHER statement ALONEis sufficient to answer the question asked.d)EACH statement ALONE is sufficient to answer the questionasked.e)Statements (1) and (2) TOGETHER are NOT sufficient toanswer the question asked, and additional data specific to theproblem are neededCorrect answer is option 'B'. Can you explain this answer? for GMAT 2024 is part of GMAT preparation. The Question and answers have been prepared according to the GMAT exam syllabus. Information about A shopkeeper purchased 20 identical units of an item at a cost of $20 per unit. He sold some of the units at a price of $x per unit and the remaining units at $y per unit. What was his gross profit made by selling the 20 units of the item?(1) The number of units sold at $x per unit was 12(2) The total revenue generated by selling the 20 units was $880a)Statement (1) ALONE is sufficient, but statement (2) alone isnot sufficient to answer the question askedb)Statement (2) ALONE is sufficient, but statement (1) alone isnot sufficient to answer the question askedc)BOTH statements (1) and (2) TOGETHER are sufficient toanswer the question asked, but NEITHER statement ALONEis sufficient to answer the question asked.d)EACH statement ALONE is sufficient to answer the questionasked.e)Statements (1) and (2) TOGETHER are NOT sufficient toanswer the question asked, and additional data specific to theproblem are neededCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for GMAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A shopkeeper purchased 20 identical units of an item at a cost of $20 per unit. He sold some of the units at a price of $x per unit and the remaining units at $y per unit. What was his gross profit made by selling the 20 units of the item?(1) The number of units sold at $x per unit was 12(2) The total revenue generated by selling the 20 units was $880a)Statement (1) ALONE is sufficient, but statement (2) alone isnot sufficient to answer the question askedb)Statement (2) ALONE is sufficient, but statement (1) alone isnot sufficient to answer the question askedc)BOTH statements (1) and (2) TOGETHER are sufficient toanswer the question asked, but NEITHER statement ALONEis sufficient to answer the question asked.d)EACH statement ALONE is sufficient to answer the questionasked.e)Statements (1) and (2) TOGETHER are NOT sufficient toanswer the question asked, and additional data specific to theproblem are neededCorrect answer is option 'B'. Can you explain this answer?.

Solutions for A shopkeeper purchased 20 identical units of an item at a cost of $20 per unit. He sold some of the units at a price of $x per unit and the remaining units at $y per unit. What was his gross profit made by selling the 20 units of the item?(1) The number of units sold at $x per unit was 12(2) The total revenue generated by selling the 20 units was $880a)Statement (1) ALONE is sufficient, but statement (2) alone isnot sufficient to answer the question askedb)Statement (2) ALONE is sufficient, but statement (1) alone isnot sufficient to answer the question askedc)BOTH statements (1) and (2) TOGETHER are sufficient toanswer the question asked, but NEITHER statement ALONEis sufficient to answer the question asked.d)EACH statement ALONE is sufficient to answer the questionasked.e)Statements (1) and (2) TOGETHER are NOT sufficient toanswer the question asked, and additional data specific to theproblem are neededCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for GMAT. Download more important topics, notes, lectures and mock test series for GMAT Exam by signing up for free.

Here you can find the meaning of A shopkeeper purchased 20 identical units of an item at a cost of $20 per unit. He sold some of the units at a price of $x per unit and the remaining units at $y per unit. What was his gross profit made by selling the 20 units of the item?(1) The number of units sold at $x per unit was 12(2) The total revenue generated by selling the 20 units was $880a)Statement (1) ALONE is sufficient, but statement (2) alone isnot sufficient to answer the question askedb)Statement (2) ALONE is sufficient, but statement (1) alone isnot sufficient to answer the question askedc)BOTH statements (1) and (2) TOGETHER are sufficient toanswer the question asked, but NEITHER statement ALONEis sufficient to answer the question asked.d)EACH statement ALONE is sufficient to answer the questionasked.e)Statements (1) and (2) TOGETHER are NOT sufficient toanswer the question asked, and additional data specific to theproblem are neededCorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of A shopkeeper purchased 20 identical units of an item at a cost of $20 per unit. He sold some of the units at a price of $x per unit and the remaining units at $y per unit. What was his gross profit made by selling the 20 units of the item?(1) The number of units sold at $x per unit was 12(2) The total revenue generated by selling the 20 units was $880a)Statement (1) ALONE is sufficient, but statement (2) alone isnot sufficient to answer the question askedb)Statement (2) ALONE is sufficient, but statement (1) alone isnot sufficient to answer the question askedc)BOTH statements (1) and (2) TOGETHER are sufficient toanswer the question asked, but NEITHER statement ALONEis sufficient to answer the question asked.d)EACH statement ALONE is sufficient to answer the questionasked.e)Statements (1) and (2) TOGETHER are NOT sufficient toanswer the question asked, and additional data specific to theproblem are neededCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for A shopkeeper purchased 20 identical units of an item at a cost of $20 per unit. He sold some of the units at a price of $x per unit and the remaining units at $y per unit. What was his gross profit made by selling the 20 units of the item?(1) The number of units sold at $x per unit was 12(2) The total revenue generated by selling the 20 units was $880a)Statement (1) ALONE is sufficient, but statement (2) alone isnot sufficient to answer the question askedb)Statement (2) ALONE is sufficient, but statement (1) alone isnot sufficient to answer the question askedc)BOTH statements (1) and (2) TOGETHER are sufficient toanswer the question asked, but NEITHER statement ALONEis sufficient to answer the question asked.d)EACH statement ALONE is sufficient to answer the questionasked.e)Statements (1) and (2) TOGETHER are NOT sufficient toanswer the question asked, and additional data specific to theproblem are neededCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of A shopkeeper purchased 20 identical units of an item at a cost of $20 per unit. He sold some of the units at a price of $x per unit and the remaining units at $y per unit. What was his gross profit made by selling the 20 units of the item?(1) The number of units sold at $x per unit was 12(2) The total revenue generated by selling the 20 units was $880a)Statement (1) ALONE is sufficient, but statement (2) alone isnot sufficient to answer the question askedb)Statement (2) ALONE is sufficient, but statement (1) alone isnot sufficient to answer the question askedc)BOTH statements (1) and (2) TOGETHER are sufficient toanswer the question asked, but NEITHER statement ALONEis sufficient to answer the question asked.d)EACH statement ALONE is sufficient to answer the questionasked.e)Statements (1) and (2) TOGETHER are NOT sufficient toanswer the question asked, and additional data specific to theproblem are neededCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice A shopkeeper purchased 20 identical units of an item at a cost of $20 per unit. He sold some of the units at a price of $x per unit and the remaining units at $y per unit. What was his gross profit made by selling the 20 units of the item?(1) The number of units sold at $x per unit was 12(2) The total revenue generated by selling the 20 units was $880a)Statement (1) ALONE is sufficient, but statement (2) alone isnot sufficient to answer the question askedb)Statement (2) ALONE is sufficient, but statement (1) alone isnot sufficient to answer the question askedc)BOTH statements (1) and (2) TOGETHER are sufficient toanswer the question asked, but NEITHER statement ALONEis sufficient to answer the question asked.d)EACH statement ALONE is sufficient to answer the questionasked.e)Statements (1) and (2) TOGETHER are NOT sufficient toanswer the question asked, and additional data specific to theproblem are neededCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice GMAT tests.