The total revenue from sales of a product can be calculated using the formula T = PQ, where T is...
GMAT Advanced Math : (Adv_Math) Questions
The total revenue from sales of a product can be calculated using the formula \(\mathrm{T = PQ}\), where \(\mathrm{T}\) is the total revenue, \(\mathrm{P}\) is the price of the product, and \(\mathrm{Q}\) is the quantity of the product sold. Which of the following equations gives the quantity of product sold in terms of \(\mathrm{P}\) and \(\mathrm{T}\)?
\(\mathrm{Q = \frac{P}{T}}\)
\(\mathrm{Q = \frac{T}{P}}\)
\(\mathrm{Q = PT}\)
\(\mathrm{Q = T - P}\)
1. TRANSLATE the problem information
- Given information:
- Formula: \(\mathrm{T = PQ}\)
- T represents total revenue
- P represents price
- Q represents quantity sold
- What we need: An equation that gives Q in terms of P and T
2. SIMPLIFY to isolate the variable Q
- Starting equation: \(\mathrm{T = PQ}\)
- To get Q by itself, divide both sides by P:
\(\mathrm{\frac{T}{P} = \frac{PQ}{P}}\) - The P's cancel on the right side:
\(\mathrm{\frac{T}{P} = Q}\) - Rearranging: \(\mathrm{Q = \frac{T}{P}}\)
Answer: B. \(\mathrm{Q = \frac{T}{P}}\)
Why Students Usually Falter on This Problem
Most Common Error Path:
Weak SIMPLIFY execution: Students get confused about which direction to divide and end up with the fraction upside down.
When dividing \(\mathrm{T = PQ}\) by P, they might incorrectly think "P goes on top" and write \(\mathrm{Q = \frac{P}{T}}\) instead of \(\mathrm{Q = \frac{T}{P}}\). This algebraic error stems from not carefully tracking which variable they're dividing by and where it should end up in the final fraction.
This leads them to select Choice A (\(\mathrm{Q = \frac{P}{T}}\)).
Second Most Common Error:
Conceptual confusion about algebraic operations: Students might think they need to multiply rather than divide to isolate Q.
Starting with \(\mathrm{T = PQ}\), they incorrectly reason "to get Q alone, I need to do something with P" and end up multiplying both sides by P instead of dividing, giving \(\mathrm{T \times P = Q}\), or \(\mathrm{Q = PT}\).
This may lead them to select Choice C (\(\mathrm{Q = PT}\)).
The Bottom Line:
This problem tests fundamental equation-solving skills. The key insight is recognizing that when a variable appears as part of a product (PQ), you isolate it by dividing both sides by the other factor (P), not by multiplying or subtracting.
\(\mathrm{Q = \frac{P}{T}}\)
\(\mathrm{Q = \frac{T}{P}}\)
\(\mathrm{Q = PT}\)
\(\mathrm{Q = T - P}\)