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The price of a jacket is reduced by 10%. During a special sale, the pr
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17 May 2023, 00:52
17 May 2023, 00:52
1
Expert Reply
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Question Stats:
90% (00:46) correct
9% (01:09) wrong based on 11 sessions
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The price of a jacket is reduced by 10%. During a special sale, the price is discounted by another 10%. The special sale price is what percent less than the original price of the jacket?
A. 15%
B. 19%
C. 20%
D.21%
E. 25%
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A. 15%
B. 19%
C. 20%
D.21%
E. 25%
Post A Detailed Correct Solution For The Above Questions And Get A Kudos.
Question From Our Project: Free GRE Prep Club Tests in Exchange for 20 Kudos
\(\Longrightarrow\) Cracking the GRE Premium
\(\Longrightarrow\) GRE Math Essentials - A most comprehensive handout!!
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Joined: 20 Feb 2017
Posts: 2506
Given Kudos: 1055
GPA: 3.39
Re: The price of a jacket is reduced by 10%. During a special sale, the pr
[#permalink]
18 May 2023, 05:14
18 May 2023, 05:14
2
Expert Reply
To calculate the final price of the jacket after both discounts, we need to apply the discounts sequentially.
Let's assume the original price of the jacket is $100.
First, the price is reduced by 10%. This means the jacket is now priced at 100 - (10% of 100) = $90.
Next, during the special sale, the price is discounted by another 10%. This means the jacket is now priced at 90 - (10% of 90) = $81.
To find the percent difference between the special sale price and the original price, we can use the formula:
Percent Difference = ((Original Price - Special Sale Price) / Original Price) * 100%
Percent Difference = ((100 - 81) / 100) * 100% = 19%
Therefore, the special sale price is 19% less than the original price of the jacket.
The correct answer is B. 19%.
Let's assume the original price of the jacket is $100.
First, the price is reduced by 10%. This means the jacket is now priced at 100 - (10% of 100) = $90.
Next, during the special sale, the price is discounted by another 10%. This means the jacket is now priced at 90 - (10% of 90) = $81.
To find the percent difference between the special sale price and the original price, we can use the formula:
Percent Difference = ((Original Price - Special Sale Price) / Original Price) * 100%
Percent Difference = ((100 - 81) / 100) * 100% = 19%
Therefore, the special sale price is 19% less than the original price of the jacket.
The correct answer is B. 19%.
gmatclubot
Re: The price of a jacket is reduced by 10%. During a special sale, the pr [#permalink]
18 May 2023, 05:14
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