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An electronics store had a 10% off sale. Items that did not sell were
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09 Aug 2022, 06:51
09 Aug 2022, 06:51
Expert Reply
00:00
Question Stats:
33% (01:28) correct
66% (01:00) wrong based on 6 sessions
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An electronics store had a 10% off sale. Items that did not sell were marked down another 10%, and then what was left was marked down another 15% for clearance. A certain item’s original price before the sales was $150. What was its clearance price?
A $52.50
B $97.50
C $103.278
D $103.27
E $103.28
A $52.50
B $97.50
C $103.278
D $103.27
E $103.28
Part of the project: GRE QCQ & PS 3 Questions Every One DAILY Challenge - (2022)
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GRE Math Essentials (2022)
GRE Geometry Formulas
GRE - Math Book
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GRE Math Essentials (2022)
GRE Geometry Formulas
GRE - Math Book
Re: An electronics store had a 10% off sale. Items that did not sell were
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22 Aug 2022, 10:01
22 Aug 2022, 10:01
Expert Reply
OE
Quote:
Explanation: Do not add up the percentages directly; each sale
represented a markdown from the previous price. For three successive
sales of 10%, 10%, and 15%, the final price of the item is (original
price)(90%)(90%)(85%), or 150(0.9)(0.9)(0.85) = $103.278 or $103.28
(remember to round properly).
represented a markdown from the previous price. For three successive
sales of 10%, 10%, and 15%, the final price of the item is (original
price)(90%)(90%)(85%), or 150(0.9)(0.9)(0.85) = $103.278 or $103.28
(remember to round properly).
gmatclubot
Re: An electronics store had a 10% off sale. Items that did not sell were [#permalink]
22 Aug 2022, 10:01
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