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On a typical day, a restaurant sells n grilled cheese sandwiches for p dollars each. Today, however, the manager reduced the price of grilled cheese sandwiches by 30% and as a result sold 50% more of them than usual. Which of the following represents the revenue for today’s grilled cheese sandwich sales, in dollars?
  • a)
    0.5np - 0.3
  • b)
    1.05np
  • c)
    1.20np
  • d)
    1.50np
Correct answer is option 'B'. Can you explain this answer?
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Most Upvoted Answer
On a typical day, a restaurant sells n grilled cheese sandwiches for p...
Let's assume that the restaurant typically sells x grilled cheese sandwiches on a typical day.

The revenue on a typical day would be p*x.

After reducing the price by 30%, the new price of each grilled cheese sandwich would be 0.7p.

With the reduced price, the restaurant sold 50% more grilled cheese sandwiches than usual, which is 1.5x.

So, the revenue for today would be (0.7p)*(1.5x) = 1.05px - which is 105% of the revenue on a typical day.

Therefore, the revenue for today is represented by the expression 1.05px.
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Community Answer
On a typical day, a restaurant sells n grilled cheese sandwiches for p...
The revenue is equal to the number of items sold times the price per item. If the restaurant typically sells n sandwiches per day, but today sold 50% more, it sold 1.5n sandwiches. If the price p was reduced 30%, today’s price is 0.70p. Therefore, the total revenue is (1.5n)(0.70p) = 1.05np.
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On a typical day, a restaurant sells n grilled cheese sandwiches for p dollars each. Today, however, the manager reduced the price of grilled cheese sandwiches by 30% and as a result sold 50% more of them than usual. Which of the following represents the revenue for today’s grilled cheese sandwich sales, in dollars?a)0.5np - 0.3b)1.05npc)1.20npd)1.50npCorrect answer is option 'B'. Can you explain this answer?
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On a typical day, a restaurant sells n grilled cheese sandwiches for p dollars each. Today, however, the manager reduced the price of grilled cheese sandwiches by 30% and as a result sold 50% more of them than usual. Which of the following represents the revenue for today’s grilled cheese sandwich sales, in dollars?a)0.5np - 0.3b)1.05npc)1.20npd)1.50npCorrect answer is option 'B'. Can you explain this answer? for SAT 2024 is part of SAT preparation. The Question and answers have been prepared according to the SAT exam syllabus. Information about On a typical day, a restaurant sells n grilled cheese sandwiches for p dollars each. Today, however, the manager reduced the price of grilled cheese sandwiches by 30% and as a result sold 50% more of them than usual. Which of the following represents the revenue for today’s grilled cheese sandwich sales, in dollars?a)0.5np - 0.3b)1.05npc)1.20npd)1.50npCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for SAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for On a typical day, a restaurant sells n grilled cheese sandwiches for p dollars each. Today, however, the manager reduced the price of grilled cheese sandwiches by 30% and as a result sold 50% more of them than usual. Which of the following represents the revenue for today’s grilled cheese sandwich sales, in dollars?a)0.5np - 0.3b)1.05npc)1.20npd)1.50npCorrect answer is option 'B'. Can you explain this answer?.
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