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Suzy makes premium cakes and sells each cake at a price that consists
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12 Dec 2023, 05:31
12 Dec 2023, 05:31
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Suzy makes premium cakes and sells each cake at a price that consists of cost of making the cake and a mark-up amount, which is minimum 20 percent of the selling price. What could be the selling price of a cake that cost Suzy at least $80 to make?
Indicate all possible values.
(A) $100
(B) $85
(C) $75
(D) $60
(E) $50
Indicate all possible values.
(A) $100
(B) $85
(C) $75
(D) $60
(E) $50
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Free Materials for the GRE General Exam - Where to get it!!
GRE Geometry Formulas
GRE - Math Book
Suzy makes premium cakes and sells each cake at a price that consists
[#permalink]
12 Dec 2023, 09:36
12 Dec 2023, 09:36
1
The answer is A.
Let the minimum S.P. = x
--> x = 80 + 0.2x
--> 0.8x = 80
--> x = $100
Hence, only $100.
Let the minimum S.P. = x
--> x = 80 + 0.2x
--> 0.8x = 80
--> x = $100
Hence, only $100.
gmatclubot
Suzy makes premium cakes and sells each cake at a price that consists [#permalink]
12 Dec 2023, 09:36
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