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The new video game console was priced at $400 when it was released las
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27 Feb 2024, 04:15
27 Feb 2024, 04:15
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The new video game console was priced at $400 when it was released last year. This year, the price decreased by 15% during the holiday sale period. The game manufacturer recently announced that the same console will be re-released with new updates and expanded functionality. The retail price will be 25% greater than the previous sale price. When the game console is re-released, what will be the retail price?
A. $360
B. $425
C. $380
D. $415
E. $395
A. $360
B. $425
C. $380
D. $415
E. $395
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Re: The new video game console was priced at $400 when it was released las
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27 Feb 2024, 09:58
27 Feb 2024, 09:58
1
The sale price after decreasing by 15% = 400 * (1 - 0.15) = 340
The retail price after increasing the sale price by 25% = 340 * (1 + 0.25) = 425
The retail price after increasing the sale price by 25% = 340 * (1 + 0.25) = 425
gmatclubot
Re: The new video game console was priced at $400 when it was released las [#permalink]
27 Feb 2024, 09:58
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