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If John has $100 to spend and was unable to buy a particular item bef
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19 Dec 2022, 02:11
19 Dec 2022, 02:11
Expert Reply
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Question Stats:
63% (01:13) correct
36% (01:23) wrong based on 36 sessions
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If John has $100 to spend and was unable to buy a particular item before the price was reduced by 25%, but can afford the item after the price reduction, what was the maximum possible price of the item prior to the price reduction?
(A) $110.50
(B) $120.66
(C) $125.00
(D) $133.33
(E) $140.00
(A) $110.50
(B) $120.66
(C) $125.00
(D) $133.33
(E) $140.00
GRE Prep Club Team Member
Joined: 20 Feb 2017
Posts: 2506
Given Kudos: 1055
GPA: 3.39
Re: If John has $100 to spend and was unable to buy a particular item bef
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20 Dec 2022, 22:54
20 Dec 2022, 22:54
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Expert Reply
Carcass wrote:
If John has $100 to spend and was unable to buy a particular item before the price was reduced by 25%, but can afford the item after the price reduction, what was the maximum possible price of the item prior to the price reduction?
(A) $110.50
(B) $120.66
(C) $125.00
(D) $133.33
(E) $140.00
(A) $110.50
(B) $120.66
(C) $125.00
(D) $133.33
(E) $140.00
Reduce each answer option by 25% and see which choice is equal to or less than 100, All options except (E) are less than 100 (after reducing by 25%) but the largest is 133.33 or Option (D) and that is the answer.
Answer: D
PS: You do not need to calculate each option.
Re: If John has $100 to spend and was unable to buy a particular item bef
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31 May 2024, 14:27
31 May 2024, 14:27
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Thanks to another GRE Prep 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).
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