Last visit was: 31 Dec 2024, 12:11 It is currently 31 Dec 2024, 12:11
Decision Tracker
My Rewards
New comers' posts
New posts
Unanswered

Close

GRE Prep Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GRE score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Go to My Error Log Learn more
Close

Request Expert Reply

Confirm Cancel
PREVIOUS TOPIC
NEXT TOPIC

The price of a designer handbag was reduced from $440 by 20%

Tags :
Find Similar Topics  About  Add a Tag

Show Tags
Hide Tags

User avatar
D
Carcass
Verbal Expert
Joined: 18 Apr 2015
Posts: 30559
Own Kudos [?]: 36907 [1]
Given Kudos: 26113
Send PM
The price of a designer handbag was reduced from $440 by 20% [#permalink] New post   26 Jun 2020, 09:23
Expert Reply
1
Bookmarks
00:00

Question Stats:

93% (00:52) correct 6% (00:37) wrong based on 73 sessions

Hide Show timer Statistics

The price of a designer handbag was reduced from $440 by 20%. The reduced price was then increased by z % to return it to $440.

Quantity A
Quantity B
z
20


A)The quantity in Column A is greater.
B)The quantity in Column B is greater.
C)The two quantities are equal.
D)The relationship cannot be determined from the information given.
ShowHide Answer
Official Answer
A
User avatar
D
Carcass
Verbal Expert
Joined: 18 Apr 2015
Posts: 30559
Own Kudos [?]: 36907 [0]
Given Kudos: 26113
Send PM
Re: The price of a designer handbag was reduced from $440 by 20% [#permalink] New post   26 Jun 2020, 09:23
Expert Reply
Post A Detailed Correct Solution For The Above Questions And Get A Kudos.
Question From Our New Project: GRE Quant Challenge Questions Daily - NEW EDITION!
User avatar
P
GreenlightTestPrep
Retired Moderator
Joined: 10 Apr 2015
Posts: 6218
Own Kudos [?]: 12239 [0]
Given Kudos: 136
Send PM

Top Member of the Month
Re: The price of a designer handbag was reduced from $440 by 20% [#permalink] New post   26 Jun 2020, 10:07
Carcass wrote:
The price of a designer handbag was reduced from $440 by 20%. The reduced price was then increased by z % to return it to $440.

Quantity A
Quantity B
z
20


A)The quantity in Column A is greater.
B)The quantity in Column B is greater.
C)The two quantities are equal.
D)The relationship cannot be determined from the information given.



The price of a designer handbag was reduced from $440 by 20%.
20% of $440 = $88
$440 - $88 = $352
So the reduced price is $352

The reduced price was then increased by z% to return it to $440.
No need to actually calculate the value of z.
Instead, let's see if what happens if we increase $352 by 20%
20% of $352 = $70.40
$352 + $70.40 = $422.40
As we can see, increasing $352 by 20% does NOT get us back to the original price of $440
So, to get us back to the original price of $440, we must increase $352 by MORE THAN 20%

In other words, z is GREATER THAN 20

Answer: A

Cheers,
Brent
User avatar
D
Carcass
Verbal Expert
Joined: 18 Apr 2015
Posts: 30559
Own Kudos [?]: 36907 [0]
Given Kudos: 26113
Send PM
Re: The price of a designer handbag was reduced from $440 by 20% [#permalink] New post   26 Jun 2020, 10:09
Expert Reply
Thank you sir.

It was a too good question for not having one of your explanations :)
User avatar
P
GreenlightTestPrep
Retired Moderator
Joined: 10 Apr 2015
Posts: 6218
Own Kudos [?]: 12239 [0]
Given Kudos: 136
Send PM

Top Member of the Month
Re: The price of a designer handbag was reduced from $440 by 20% [#permalink] New post   26 Jun 2020, 10:10
Carcass wrote:
Thank you sir.

It was a too good question for not having one of your explanations :)


Thanks, carcass!
Prep Club for GRE Bot
gmatclubot
Re: The price of a designer handbag was reduced from $440 by 20% [#permalink]
26 Jun 2020, 10:10
Moderators:
adewale223
GRE Instructor
88 posts
bronaugust
GRE Forum Moderator
37 posts
BrushMyQuant
Moderator
1126 posts
VibhuAnurag
GRE Instructor
234 posts

Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne

Main navigation

Partners

GRE Resources

www.ets.org/gre | About | Terms and Conditions and Privacy Policy | Prep Club for GRE Rules | Contact