Carcass wrote:
Bella's Baubles wants to sell a necklace for $179.95 next week during their 60% off sale. How much should the price of the necklace be this week?
A. $71.98
B. $251.93
C. $287.92
D. $299.92
E. $449.88
Nice question!
This is especially GRE-worthy because, although it looks like we need to perform some long calculations, we can actually solve it using some estimation.
First recognize that
a 60% off sale means the sale price is less than half of the original priceNow let's test some possible values for the original price.
If the original price were $300, then the sale price would be less than $150 (after the 60% price reduction).
However, we're told that the sale price must be $179.95
So, the original price must be
greater than $300Only one answer choice meets that condition.
Answer: E
Cheers,
Brent