Chris has the option to order parts from either of two suppliers. Supplier A offers free shipping but prices items an average of 3.5% higher than Supplier B. Supplier B offers the lower prices but will add a shipping charge to all orders. The shipping charge is $7.50 on orders less than $200, $12.50 on orders from $200 to $500, and $15 on orders over $500. Chris finds Supplier A to be more economical for small purchases but wonders if there is an order size for which Supplier B would be cheaper.Find the smallest value of an order from Supplier A for which an identical order from Supplier B would be cheaper. If an order costs $401.50 from Supplier A, what will the same order cost from Supplier B?a)$401.50 , $400.42b)$357.14 , $414.00c)$357.14 , $400.42d)$369.64 , $400.42e)$369.64 , $388.00Correct answer is option 'C'. Can you explain this answer?

Explore Courses UPSC Exam UPSC Test Series Free Notes EduRev Infinity

Open App

GMAT Exam > GMAT Questions > Chris has the option to order parts from eith...

Join the Discussion on the App

Chris has the option to order parts from either of two suppliers. Supplier A offers free shipping but prices items an average of 3.5% higher than Supplier B. Supplier B offers the lower prices but will add a shipping charge to all orders. The shipping charge is $7.50 on orders less than $200, $12.50 on orders from $200 to $500, and $15 on orders over $500. Chris finds Supplier A to be more economical for small purchases but wonders if there is an order size for which Supplier B would be cheaper.
Find the smallest value of an order from Supplier A for which an identical order from Supplier B would be cheaper. If an order costs $401.50 from Supplier A, what will the same order cost from Supplier B?

a)
$401.50 , $400.42
b)
$357.14 , $414.00
c)
$357.14 , $400.42
d)
$369.64 , $400.42
e)
$369.64 , $388.00

Correct answer is option 'C'. Can you explain this answer?

FREE This question is part of

Test: Data Insights - 1

Attempt Test

Attempt this Test

Most Upvoted Answer

Chris has the option to order parts from either of two suppliers. Supp...

(A) Smallest value of an order from Supplier A for which Supplier B would be cheaper
All values are in the range excess of $350; so, the shipping cost (Supplier B) will be $12.50
The smallest value of an order from Supplier A for which Supplier B would be cheaper;
implies 3.5 % excess value (in case of Supplier A) = Shipping charge (Supplier )
ie, 3.5 % of item price = $12.50
Item price = $12.50 / 0.0350
= $357.14
Hence, Order value = $357.14 + 12.50
= $369.64

(B) Supplier B’s charge for a $401.50 order from Supplier A
If Supplier A charges $401.50 for the order; then
Item price = $401.50 / 1.0350 (since, the order cost will be 3.5% excess for Supplier A)
= $387.92
Hence,
Order Cost for Supplier B = $387.92 + $12.50 (ie, Shipping charge)
= $400.42

Answered by Talent Skill Learning · View profile

Attention GMAT Students!

To make sure you are not studying endlessly, EduRev has designed GMAT study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in GMAT.

GMAT Focus Edition Mock Test Series 2024

Quantitative for GMAT

Crash Course for GMAT

Data Insights for GMAT

View all answers Start learning for free

< Previous Question Next Question >

Explore Courses for GMAT exam

Similar GMAT Doubts

Chris has the option to order parts from either of two suppliers. Supplier A offers free shipping but prices items an average of 3.5% higher than Supplier B. Supplier B offers the lower prices but will add a shipping charge to all orders. The shipping charge is $7.50 on orders less than $200, $12.50 on orders from $200 to $500, and $15 on orders over $500. Chris finds Supplier A to be more economical for small purchases but wonders if there is an order size for which Supplier B would be cheaper.Find the smallest value of an order from Supplier A for which an identical order from Supplier B would be cheaper. If an order costs $401.50 from Supplier A, what will the same order cost from Supplier B?

View answer

You have the option to order wallboard from either of two suppliers with the same basic price per four-by-eight-foot sheet of wallboard. Supplier A is located in state and must apply the 6% state sales tax to your order. Supplier B ships from out of state, where no sales tax applies to orders for construction materials. Because of the distance, Supplier B charges more for shipping than Supplier A charges. If an order totaling $10,000 before tax and shipping costs results in the same charge from either supplier, find each supplier’s shipping cost for such an order.

View answer

Directions: Read the Passage carefully and answer the question as follow.The annual labour of every nation is the fund which originally supplies it with all the necessaries and conveniences of life which it annually consumes, and which consist always either in the immediate produce of that labour, or in what is purchased with that produce from other nations. Accordingly, therefore, as this produce, or what is purchased with it, bears a greater or smaller proportion to the number of those who are to consume it, the nation will be better or worse supplied with all the necessaries and conveniences for which it has occasion.But this proportion must in every nation be regulated by two different circumstances: first, by the skill, dexterity, and judgment with which its labour is generally applied; and, second, by the proportion of the number of people who are employed in useful labour to that of those who are not so employed. Whatever be the soil, climate, or extent of territory of any particular nation, the abundance or scantiness of its annual supply must, in that particular situation, depend upon these two circumstances.Moreover, the abundance or scantiness of this supply seems to depend more upon the former of those two circumstances than upon the latter. Among the savage nations of hunters and fishers, every individual who is able to work is more or less employed in useful labour, and endeavours to provide, as well as he can, the necessities and conveniences of life, for himself, and such of his family or tribe as are either too old, or too young, or too infirm to go hunting and fishing. Such nations, however, are so miserably poor, that, from mere want, they are frequently reduced, or at least think themselves reduced, to the necessity sometimes of directly destroying, and sometimes of abandoning their infants, their old people, and those afflicted with lingering diseases, to perish with hunger, or to be devoured by wild beasts. Among civilized and thriving nations, on the contrary, though a great number of people do not labour at all, many of whom consume the produce of ten times, frequently of a hundred times, more labour than the greater part of those who work; yet the produce of the whole labour of the society is so great, that all are often abundantly supplied and a workman, even of the lowest and poorest order, if he is frugal and industrious, may enjoy a greater share of the necessities and conveniences of life than is possible for any savage to acquire.Q.According to the information in the passage, under which of these hypothetical situations will a country be most prosperous?

View answer

Directions: Read the Passage carefully and answer the question as follow.The annual labour of every nation is the fund which originally supplies it with all the necessaries and conveniences of life which it annually consumes, and which consist always either in the immediate produce of that labour, or in what is purchased with that produce from other nations. Accordingly, therefore, as this produce, or what is purchased with it, bears a greater or smaller proportion to the number of those who are to consume it, the nation will be better or worse supplied with all the necessaries and conveniences for which it has occasion.But this proportion must in every nation be regulated by two different circumstances: first, by the skill, dexterity, and judgment with which its labour is generally applied; and, second, by the proportion of the number of people who are employed in useful labour to that of those who are not so employed. Whatever be the soil, climate, or extent of territory of any particular nation, the abundance or scantiness of its annual supply must, in that particular situation, depend upon these two circumstances.Moreover, the abundance or scantiness of this supply seems to depend more upon the former of those two circumstances than upon the latter. Among the savage nations of hunters and fishers, every individual who is able to work is more or less employed in useful labour, and endeavours to provide, as well as he can, the necessities and conveniences of life, for himself, and such of his family or tribe as are either too old, or too young, or too infirm to go hunting and fishing. Such nations, however, are so miserably poor, that, from mere want, they are frequently reduced, or at least think themselves reduced, to the necessity sometimes of directly destroying, and sometimes of abandoning their infants, their old people, and those afflicted with lingering diseases, to perish with hunger, or to be devoured by wild beasts. Among civilized and thriving nations, on the contrary, though a great number of people do not labour at all, many of whom consume the produce of ten times, frequently of a hundred times, more labour than the greater part of those who work; yet the produce of the whole labour of the society is so great, that all are often abundantly supplied and a workman, even of the lowest and poorest order, if he is frugal and industrious, may enjoy a greater share of the necessities and conveniences of life than is possible for any savage to acquire.Q.What is the connotation of the term ‘savage nations’ in context of the passage?

View answer

A recent report from the International Energy Agency (IE

View answer

Top Courses for GMATView all

GMAT Focus Edition Mock Test Series 2024

Quantitative for GMAT

Crash Course for GMAT

Data Insights for GMAT

100 RCs for GMAT

Top Courses for GMAT

View all

Chris has the option to order parts from either of two suppliers. Supplier A offers free shipping but prices items an average of 3.5% higher than Supplier B. Supplier B offers the lower prices but will add a shipping charge to all orders. The shipping charge is $7.50 on orders less than $200, $12.50 on orders from $200 to $500, and $15 on orders over $500. Chris finds Supplier A to be more economical for small purchases but wonders if there is an order size for which Supplier B would be cheaper.Find the smallest value of an order from Supplier A for which an identical order from Supplier B would be cheaper. If an order costs $401.50 from Supplier A, what will the same order cost from Supplier B?a)$401.50 , $400.42b)$357.14 , $414.00c)$357.14 , $400.42d)$369.64 , $400.42e)$369.64 , $388.00Correct answer is option 'C'. Can you explain this answer?

Share with a Friend

Answer this doubt

Question Description
Chris has the option to order parts from either of two suppliers. Supplier A offers free shipping but prices items an average of 3.5% higher than Supplier B. Supplier B offers the lower prices but will add a shipping charge to all orders. The shipping charge is $7.50 on orders less than $200, $12.50 on orders from $200 to $500, and $15 on orders over $500. Chris finds Supplier A to be more economical for small purchases but wonders if there is an order size for which Supplier B would be cheaper.Find the smallest value of an order from Supplier A for which an identical order from Supplier B would be cheaper. If an order costs $401.50 from Supplier A, what will the same order cost from Supplier B?a)$401.50 , $400.42b)$357.14 , $414.00c)$357.14 , $400.42d)$369.64 , $400.42e)$369.64 , $388.00Correct answer is option 'C'. 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 Chris has the option to order parts from either of two suppliers. Supplier A offers free shipping but prices items an average of 3.5% higher than Supplier B. Supplier B offers the lower prices but will add a shipping charge to all orders. The shipping charge is $7.50 on orders less than $200, $12.50 on orders from $200 to $500, and $15 on orders over $500. Chris finds Supplier A to be more economical for small purchases but wonders if there is an order size for which Supplier B would be cheaper.Find the smallest value of an order from Supplier A for which an identical order from Supplier B would be cheaper. If an order costs $401.50 from Supplier A, what will the same order cost from Supplier B?a)$401.50 , $400.42b)$357.14 , $414.00c)$357.14 , $400.42d)$369.64 , $400.42e)$369.64 , $388.00Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for GMAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Chris has the option to order parts from either of two suppliers. Supplier A offers free shipping but prices items an average of 3.5% higher than Supplier B. Supplier B offers the lower prices but will add a shipping charge to all orders. The shipping charge is $7.50 on orders less than $200, $12.50 on orders from $200 to $500, and $15 on orders over $500. Chris finds Supplier A to be more economical for small purchases but wonders if there is an order size for which Supplier B would be cheaper.Find the smallest value of an order from Supplier A for which an identical order from Supplier B would be cheaper. If an order costs $401.50 from Supplier A, what will the same order cost from Supplier B?a)$401.50 , $400.42b)$357.14 , $414.00c)$357.14 , $400.42d)$369.64 , $400.42e)$369.64 , $388.00Correct answer is option 'C'. Can you explain this answer?.

Solutions for Chris has the option to order parts from either of two suppliers. Supplier A offers free shipping but prices items an average of 3.5% higher than Supplier B. Supplier B offers the lower prices but will add a shipping charge to all orders. The shipping charge is $7.50 on orders less than $200, $12.50 on orders from $200 to $500, and $15 on orders over $500. Chris finds Supplier A to be more economical for small purchases but wonders if there is an order size for which Supplier B would be cheaper.Find the smallest value of an order from Supplier A for which an identical order from Supplier B would be cheaper. If an order costs $401.50 from Supplier A, what will the same order cost from Supplier B?a)$401.50 , $400.42b)$357.14 , $414.00c)$357.14 , $400.42d)$369.64 , $400.42e)$369.64 , $388.00Correct answer is option 'C'. 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 Chris has the option to order parts from either of two suppliers. Supplier A offers free shipping but prices items an average of 3.5% higher than Supplier B. Supplier B offers the lower prices but will add a shipping charge to all orders. The shipping charge is $7.50 on orders less than $200, $12.50 on orders from $200 to $500, and $15 on orders over $500. Chris finds Supplier A to be more economical for small purchases but wonders if there is an order size for which Supplier B would be cheaper.Find the smallest value of an order from Supplier A for which an identical order from Supplier B would be cheaper. If an order costs $401.50 from Supplier A, what will the same order cost from Supplier B?a)$401.50 , $400.42b)$357.14 , $414.00c)$357.14 , $400.42d)$369.64 , $400.42e)$369.64 , $388.00Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Chris has the option to order parts from either of two suppliers. Supplier A offers free shipping but prices items an average of 3.5% higher than Supplier B. Supplier B offers the lower prices but will add a shipping charge to all orders. The shipping charge is $7.50 on orders less than $200, $12.50 on orders from $200 to $500, and $15 on orders over $500. Chris finds Supplier A to be more economical for small purchases but wonders if there is an order size for which Supplier B would be cheaper.Find the smallest value of an order from Supplier A for which an identical order from Supplier B would be cheaper. If an order costs $401.50 from Supplier A, what will the same order cost from Supplier B?a)$401.50 , $400.42b)$357.14 , $414.00c)$357.14 , $400.42d)$369.64 , $400.42e)$369.64 , $388.00Correct answer is option 'C'. Can you explain this answer?, a detailed solution for Chris has the option to order parts from either of two suppliers. Supplier A offers free shipping but prices items an average of 3.5% higher than Supplier B. Supplier B offers the lower prices but will add a shipping charge to all orders. The shipping charge is $7.50 on orders less than $200, $12.50 on orders from $200 to $500, and $15 on orders over $500. Chris finds Supplier A to be more economical for small purchases but wonders if there is an order size for which Supplier B would be cheaper.Find the smallest value of an order from Supplier A for which an identical order from Supplier B would be cheaper. If an order costs $401.50 from Supplier A, what will the same order cost from Supplier B?a)$401.50 , $400.42b)$357.14 , $414.00c)$357.14 , $400.42d)$369.64 , $400.42e)$369.64 , $388.00Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of Chris has the option to order parts from either of two suppliers. Supplier A offers free shipping but prices items an average of 3.5% higher than Supplier B. Supplier B offers the lower prices but will add a shipping charge to all orders. The shipping charge is $7.50 on orders less than $200, $12.50 on orders from $200 to $500, and $15 on orders over $500. Chris finds Supplier A to be more economical for small purchases but wonders if there is an order size for which Supplier B would be cheaper.Find the smallest value of an order from Supplier A for which an identical order from Supplier B would be cheaper. If an order costs $401.50 from Supplier A, what will the same order cost from Supplier B?a)$401.50 , $400.42b)$357.14 , $414.00c)$357.14 , $400.42d)$369.64 , $400.42e)$369.64 , $388.00Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Chris has the option to order parts from either of two suppliers. Supplier A offers free shipping but prices items an average of 3.5% higher than Supplier B. Supplier B offers the lower prices but will add a shipping charge to all orders. The shipping charge is $7.50 on orders less than $200, $12.50 on orders from $200 to $500, and $15 on orders over $500. Chris finds Supplier A to be more economical for small purchases but wonders if there is an order size for which Supplier B would be cheaper.Find the smallest value of an order from Supplier A for which an identical order from Supplier B would be cheaper. If an order costs $401.50 from Supplier A, what will the same order cost from Supplier B?a)$401.50 , $400.42b)$357.14 , $414.00c)$357.14 , $400.42d)$369.64 , $400.42e)$369.64 , $388.00Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice GMAT tests.

Explore Courses for GMAT exam