Lets take the below problem from "MGMAT Word problems", page 13:
A candy company sells premium chocolate at $5 per pound and regular chocolate at $4 per pound. If Barrett buys a 7-pound box of chocolates that costs him $31, how many pounds of premium chocolates are in the box?
MGMAT recommends us to follow the below process to answer any word problem question.
1) Identify what value the question is asking for.
2) Identify unknown values and label them with variables.
3) Identify relationships and translate them into equations.
4) Use the equations to solve for the desired value.
Question: Step 1 in the process asks you to identify what value the question is asking for. However, in order to find the desired value, you should fully comprehend the question. If you have to fully comprehend the question, you might as well finish steps 2 and 3, saving redundant work which in turn saves time. In summary, I think the below sequence of steps works better than
what MGMAT recommends.
Step 2
Step 3
Step 1
Step 4
Am I missing something? Thanks a lot for your help.