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The price of a coat in a certain store is $500. If the price of the co
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04 Aug 2022, 01:24
04 Aug 2022, 01:24
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The price of a coat in a certain store is $500. If the price of the coat is to be reduced by $150, by what percent is the price to be reduced?
(A) 10%
(B) 15%
(C) 20%
(D) 25%
(E) 30%
(A) 10%
(B) 15%
(C) 20%
(D) 25%
(E) 30%
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
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Joined: 10 Apr 2015
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Re: The price of a coat in a certain store is $500. If the price of the co
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04 Aug 2022, 08:41
04 Aug 2022, 08:41
1
Carcass wrote:
The price of a coat in a certain store is $500. If the price of the coat is to be reduced by $150, by what percent is the price to be reduced?
(A) 10%
(B) 15%
(C) 20%
(D) 25%
(E) 30%
(A) 10%
(B) 15%
(C) 20%
(D) 25%
(E) 30%
Original price of the coat = $500
Price is reduced by $150
To find the percent reduction, we must convert 150/500 to a percent.
Take 150/500 and divide the numerator and denominator by 5 to get the equivalent fraction 30/100, which equals 30%
Answer: E
gmatclubot
Re: The price of a coat in a certain store is $500. If the price of the co [#permalink]
04 Aug 2022, 08:41
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