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Suri and Michael bought a previously owned classic car for $1500 and t
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18 Jun 2021, 01:23
18 Jun 2021, 01:23
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Suri and Michael bought a previously owned classic car for $1500 and then spend $5000 restoring it to mint condition. Then they sold the car for 250% more than the total amount they spent buying it and restoring it.
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.
Kudos for the right answer and explanation
Question part of the project GRE Quantitative Reasoning Daily Challenge - (2021) EDITION
GRE - Math Book
Quantity A |
Quantity B |
The price at which Suri and Michael sold the car |
$16,000 |
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.
Kudos for the right answer and explanation
Question part of the project GRE Quantitative Reasoning Daily Challenge - (2021) EDITION
GRE - Math Book
Re: Suri and Michael bought a previously owned classic car for $1500 and t
[#permalink]
18 Jun 2021, 02:12
18 Jun 2021, 02:12
total amount spent on buying and restoring the car =6500
Quantity A
The price at which Suri and Michael sold the car = 6500+ (250/100)*6500= 22,750
Quantity B
16,000
quan A > quan B
option A is correct
Quantity A
The price at which Suri and Michael sold the car = 6500+ (250/100)*6500= 22,750
Quantity B
16,000
quan A > quan B
option A is correct
gmatclubot
Re: Suri and Michael bought a previously owned classic car for $1500 and t [#permalink]
18 Jun 2021, 02:12
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