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GRE
GRE Quantitative Reasoning Section

Widget Sales Revenue Comparison

Very Hard Arithmetic Fractions, Decimals, And Percents

Consider a company that produces and sells widgets. Last quarter, they sold 2,000 widgets at a price of $20 per widget. To increase sales, the company decided to cut the price per widget by 10%. However, they also anticipate that the price cut will result in a 25% increase in the quantity sold.

Quantity A: The revenue from widget sales after the price cut.
Quantity B: The revenue from widget sales before the price cut.

Hint

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