(Go: >> BACK << -|- >> HOME <<)

Last visit was: 03 Jun 2024, 03:28 It is currently 03 Jun 2024, 03:28
Close
GMAT Club Daily Prep
Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Close
Request Expert Reply
Confirm Cancel
SORT BY:
Date
Tags:
Show Tags
Hide Tags
Math Expert
Joined: 02 Sep 2009
Posts: 93501
Own Kudos [?]: 628766 [10]
Given Kudos: 82071
Send PM
CEO
CEO
Joined: 26 Feb 2016
Posts: 2872
Own Kudos [?]: 5243 [0]
Given Kudos: 47
Location: India
GPA: 3.12
Send PM
Manager
Manager
Joined: 02 Aug 2013
Posts: 52
Own Kudos [?]: 25 [2]
Given Kudos: 81
Location: India
Concentration: Technology, Leadership
WE:Programming (Consulting)
Send PM
Manager
Manager
Joined: 06 Dec 2016
Posts: 196
Own Kudos [?]: 58 [1]
Given Kudos: 10
Send PM
Re: A hospital pharmacy charges $0.40 per fluidram of a certain medicine [#permalink]
1
Kudos
128/x = 16/3
128 x 3 = 16x
x = 24

24 x 2/5 = 48/5

17/20 x 48/5
816/100 = 8.16
Which is answer B
Senior Manager
Senior Manager
Joined: 21 Mar 2016
Posts: 448
Own Kudos [?]: 119 [0]
Given Kudos: 103
Send PM
Re: A hospital pharmacy charges $0.40 per fluidram of a certain medicine [#permalink]
from the stem 1 fluidounce = 8 fluidrams.

Cost of 3 fluidounces = .85*24*.40=8.16

ans B
Manager
Manager
Joined: 09 Jan 2016
Posts: 78
Own Kudos [?]: 392 [0]
Given Kudos: 61
GPA: 3.4
WE:General Management (Human Resources)
Re: A hospital pharmacy charges $0.40 per fluidram of a certain medicine [#permalink]
Bunuel wrote:
A hospital pharmacy charges $0.40 per fluidram of a certain medicine but allows a discount of 15 percent to Medicare patients. How much should the pharmacy charge a Medicare patient for 3 fluidounces of the medicine?(128 fluidrams = 16 fluidounces)

(A) $9.60
(B) $8.16
(C) $3.20
(D) $2.72
(E) $1.02

Given that, 1 fluideounces = 8 fludgrams
3 equals 24 ( 8*3)
24*.4 = 9.6

as it is given that 15% discount allowable on Medicare patients
thus, 9.6 * .15= 8.16 (B).
Tutor
Joined: 16 Oct 2010
Posts: 14909
Own Kudos [?]: 65666 [3]
Given Kudos: 431
Location: Pune, India
Send PM
Re: A hospital pharmacy charges $0.40 per fluidram of a certain medicine [#permalink]
3
Kudos
Expert Reply
Bunuel wrote:
A hospital pharmacy charges $0.40 per fluidram of a certain medicine but allows a discount of 15 percent to Medicare patients. How much should the pharmacy charge a Medicare patient for 3 fluidounces of the medicine?(128 fluidrams = 16 fluidounces)

(A) $9.60
(B) $8.16
(C) $3.20
(D) $2.72
(E) $1.02



Charge = \(\frac{85}{100}\) of \(\frac{$0.40}{fluidram}\) * 3 fluidounces = \(\frac{17}{20} * \frac{$0.4}{fluidram} * 3 * \frac{128}{16}\) fluidrams

Charge = $8.16

Answer (B)

Originally posted by KarishmaB on 10 May 2017, 09:03.
Last edited by KarishmaB on 17 Oct 2022, 03:12, edited 1 time in total.
Target Test Prep Representative
Joined: 04 Mar 2011
Status:Head GMAT Instructor
Affiliations: Target Test Prep
Posts: 3042
Own Kudos [?]: 6417 [0]
Given Kudos: 1646
Send PM
Re: A hospital pharmacy charges $0.40 per fluidram of a certain medicine [#permalink]
Expert Reply
Bunuel wrote:
A hospital pharmacy charges $0.40 per fluidram of a certain medicine but allows a discount of 15 percent to Medicare patients. How much should the pharmacy charge a Medicare patient for 3 fluidounces of the medicine?(128 fluidrams = 16 fluidounces)

(A) $9.60
(B) $8.16
(C) $3.20
(D) $2.72
(E) $1.02


We are given that a particular medicine costs $0.40/1 fluid dram. A particular Medicare patient needs 3 fluid ounces. Let’s first convert 3 fluid ounces to fluid drams.

Since 128 fluid drams = 16 fluid ounces, 8 fluid drams = 1 fluid ounce.

Thus, 3 fluid ounces = 3 x 8 = 24 fluid drams.

Thus, the regular cost for 24 fluid drams is 24 x 0.4 = $9.60; however, with a 15% discount, the cost is 9.6 x 0.85 = $8.16.

Answer: B
Manager
Manager
Joined: 22 May 2015
Posts: 108
Own Kudos [?]: 102 [0]
Given Kudos: 26
Send PM
Re: A hospital pharmacy charges $0.40 per fluidram of a certain medicine [#permalink]
There are 24 fluidrams, which cost 9.60$ without discount, with discount they would be <9.60$ , closet and the realistic answer choice is B.
Senior SC Moderator
Joined: 22 May 2016
Posts: 5329
Own Kudos [?]: 35627 [1]
Given Kudos: 9464
Send PM
Re: A hospital pharmacy charges $0.40 per fluidram of a certain medicine [#permalink]
1
Kudos
Expert Reply
Bunuel wrote:
A hospital pharmacy charges $0.40 per fluidram of a certain medicine but allows a discount of 15 percent to Medicare patients. How much should the pharmacy charge a Medicare patient for 3 fluidounces of the medicine?(128 fluidrams = 16 fluidounces)

(A) $9.60
(B) $8.16
(C) $3.20
(D) $2.72
(E) $1.02

Discount for Medicare patients per fluidram:
$0.40 * .85 = $0.34
fluidram = Fl.ram
fluidounce = Fl.ounce

Setting up factors so that most units cancel. In conversion problems, the method is usually very efficient. Set the factors up so that the units you want remain (here, dollars):

\(\frac{$0.34}{(1)Fl.ram}*\frac{128Fl.rams}{16Fl.ounces}* 3Fl.ounces= $8.16\)

Answer B
User avatar
Non-Human User
Joined: 09 Sep 2013
Posts: 33269
Own Kudos [?]: 833 [0]
Given Kudos: 0
Send PM
Re: A hospital pharmacy charges $0.40 per fluidram of a certain medicine [#permalink]
Hello from the GMAT Club BumpBot!

Thanks to another GMAT Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).

Want to see all other topics I dig out? Follow me (click follow button on profile). You will receive a summary of all topics I bump in your profile area as well as via email.
Re: A hospital pharmacy charges $0.40 per fluidram of a certain medicine [#permalink]
Moderator:
Math Expert
93501 posts