Roberto is an insurance agent who sells two types of policies: a $50,000 policy and a $100,000 policy. Last month, his goal was to sell at least 57 insurance policies. While he did not meet his goal, the total value of the policies he sold was over $3,000,000. Which of the following systems of inequalities describes x, the possible number of $50,000 policies, and y, the possible number of $100,000 policies, that Roberto sold last month?

Correct answer: C. x + y < 5750,000 x + 100,000 y > 3,000,000

  • A. x + y < 5750,000 x + 100,000 y < 3,000,000
  • B. x + y > 5750,000 x + 100,000 y > 3,000,000
  • C. x + y < 5750,000 x + 100,000 y > 3,000,000
  • D. x + y > 5750,000 x + 100,000 y < 3,000,000

Explanation

Choice C is correct. Since Roberto sells only two types of policies and he didn't meet his goal of selling at least 57 policies, the sum of x, the number of $50,000 policies, and y, the number of $100,000 policies, must be less than 57. Symbolically, that is x + y < 57. The total value, in dollars, from selling x number of $50,000 policies is 50,000x. The total value, in dollars, from selling y number of $100,000 policies is 100,000y. Since the total value of the policies he sold was over $3,000,000, it follows that 50,000x + 100,000y > 3,000,000. Only choice C has both correct inequalities.

Written and checked by , MS Computer ScienceLast updated
Report an error

The more specific you are, the faster it gets fixed. A source beats an opinion.

Prefer email? support@testustad.com

About Quantitative Reasoning

Quantitative reasoning applies arithmetic and basic algebra to numerical relationships, including percentages, ratios, averages, fractions, proportions, profit and loss, rates, time, work and measurement. Questions focus on translating words into equations, choosing an efficient method and checking whether the result is numerically reasonable.

Practise Quantitative Reasoning

625 free Quantitative Reasoning MCQs from Analytical and Logical Reasoning, each with the correct answer and an explanation. Unlimited attempts, no account needed.

Discussion

Stuck on an option, or know a faster way to get there? Ask or explain it here.

No comments yet. Be the first to explain this one.

Exams that ask Analytical and Logical Reasoning questions like this

Analytical and Logical Reasoning is on 27 papers prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for every one of them.

More Quantitative Reasoning questions

Water pours into the glass slowly and at a constant rate. Which of the following graphs best illustrates the height of the water level in the glass as it fills?

The glass pictured can hold a maximum volume of 473 cubic centimeters, which is approximately 16 fluid ounces.What is the value of k, in centimeters?

Two types of tickets were sold for a concert held at an amphitheater. Tickets to sit on a bench during the concert cost $75 each, and tickets to sit on the lawn during the concert cost $40 each. Organizers of the concert announced that 350 tickets had been sold and that $19,250 had been raised through ticket sales alone. Which of the following systems of equations could be used to find the number of tickets for bench seats, B, and the number of tickets for lawn seats, L, that were sold for the concert?

The table shows the results of a research study that investigated the therapeutic value of vitamin C in preventing colds. A random sample of 300 adults received either a vitamin C pill or a sugar pill each day during 2 weeks, and the adults reported whether they contracted a cold during that period. What proportion of adults who received a sugar pill reported contracting a cold?

The average annual energy cost for a certain home is $4,334. The homeowner plans to spend $25,000 to install a geothermal heating system. The homeowner estimates that the average annual energy cost will then be $2,712. Which of the following inequalities can be solved to find t, the number of years after installation at which the total amount of energy cost savings will exceed the installation cost?

The 22 students in a health class conducted an experiment in which they each recorded their pulse rates, in beats per minute, before and after completing a light exercise routine. The dot plots below display the results.Let s1 and r1 be the standard deviation and range, respectively, of the data before exercise, and let s2 and r2 be the standard deviation and range, respectively, of the data after exercise. Which of the following is true?