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The selling price of a USB flash drive is 25% less than the list pri
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18 Jun 2024, 00:15
18 Jun 2024, 00:15
Expert Reply
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Question Stats:
75% (01:51) correct
25% (02:01) wrong based on 16 sessions
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The selling price of a USB flash drive is 25% less than the list price but 40% more than the cost price. What would be the list price of the USB flash drive if the cost price was $30?
A. $53
B. $54
C. $55
D. $56
E. $57
A. $53
B. $54
C. $55
D. $56
E. $57
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Shorter GRE - Preparing for the Quantitative Reasoning Measure
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Free Materials for the GRE General Exam - Where to get it!!
Shorter GRE - Preparing for the Quantitative Reasoning Measure
Shorter GRE - Preparing for the Verbal Reasoning Measure
Re: The selling price of a USB flash drive is 25% less than the list pri
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20 Jun 2024, 21:54
20 Jun 2024, 21:54
1
Cost price = 30
List price = L P
Selling Price = S P
S = 40 percent higher than CP so S= 30 + 0.4 * 30 = 42
This SP = twenty five percent less than List price so
SP = LP Minus twenty five percent of LP = LP - LP * .25 = 0.75 LP
42 = 0.75 LP so
LP = 42/ 0.75 = 56
List price = L P
Selling Price = S P
S = 40 percent higher than CP so S= 30 + 0.4 * 30 = 42
This SP = twenty five percent less than List price so
SP = LP Minus twenty five percent of LP = LP - LP * .25 = 0.75 LP
42 = 0.75 LP so
LP = 42/ 0.75 = 56
Re: The selling price of a USB flash drive is 25% less than the list pri
[#permalink]
29 Jul 2024, 21:49
29 Jul 2024, 21:49
1
Let the List price be X
Sp(USB) =0.75 X
Sp(USB)= 1.40*30
So, 0.75X =1.40*30
X=52. (List price)
Its not in option can someone explain please?
Sp(USB) =0.75 X
Sp(USB)= 1.40*30
So, 0.75X =1.40*30
X=52. (List price)
Its not in option can someone explain please?
