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A customer asked the store manager for a 20% discount on the listed

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KarunMendiratta
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A customer asked the store manager for a 20% discount on the listed [#permalink] New post   29 Sep 2021, 10:14
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A customer asked the store manager for a 20% discount on the listed price of a pen. Also, he wanted 2 pens free of cost for every 10 pens he will purchase. The manager agreed to his demand and made a profit of 20% on the cost price which is $x.

Quantity A
Quantity B
Listed price in terms of x
1.55


A. Quantity A is greater
B. Quantity B is greater
C. The two quantities are equal
D. The relationship cannot be determined from the information given
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A
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motion2020
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A customer asked the store manager for a 20% discount on the listed [#permalink] New post   29 Sep 2021, 10:46
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If p is price and x is cost, then profit will be 10p−12x

it's 12x, as 2 pen items are not charged any price

hence, (0.8∗10p−12x)/12x=0.2, 8p=14.4x and p=1.8x

Quantity A: the listed price in terms of x is 1.8
Quantity B: 1.55


IMO answer is A


KarunMendiratta wrote:
A customer asked the store manager for a 20% discount on the listed price of a pen. Also, he wanted 2 pens free of cost for every 10 pens he will purchase. The manager agreed to his demand and made a profit of 20% on the cost price which is $x.

Quantity A
Quantity B
Listed price in terms of x
1.55


A. Quantity A is greater
B. Quantity B is greater
C. The two quantities are equal
D. The relationship cannot be determined from the information given
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Re: A customer asked the store manager for a 20% discount on the listed [#permalink] New post   29 Aug 2024, 04:28
Hello from the GRE Prep Club BumpBot!

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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Re: A customer asked the store manager for a 20% discount on the listed [#permalink]
29 Aug 2024, 04:28
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