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The price of a radio was increased by 25 percent. This price
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27 Apr 2019, 11:28
27 Apr 2019, 11:28
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Question Stats:
90% (00:32) correct
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The price of a radio was increased by 25 percent. This price was then increased by 40 percent. A single increase of what percent is equivalent to these two successive increases?
A. 80%
B. 75%
C. 65%
D. 50%
E. 45%
A. 80%
B. 75%
C. 65%
D. 50%
E. 45%
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Re: The price of a radio was increased by 25 percent. This price
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27 Apr 2019, 12:13
27 Apr 2019, 12:13
Carcass wrote:
The price of a radio was increased by 25 percent. This price was then increased by 40 percent. A single increase of what percent is equivalent to these two successive increases?
A. 80%
B. 75%
C. 65%
D. 50%
E. 45%
A. 80%
B. 75%
C. 65%
D. 50%
E. 45%
Let $100 be the ORIGINAL price
The price of a radio was increased by 25 percent.
New price = (original price) + (25% of original price)
= ($100) + (25% of$100)
= $100 + $25
= $125
This price was then increased by 40 percent.
New price = (former price) + (40% of former price)
= ($125) + (40% of $125)
= $125 + $50
= $175
A single increase of what percent is equivalent to these two successive increases?
After two increases the price increased from $100 to $175
This represents a 75% increase.
Answer: B
Cheers,
Brent
gmatclubot
Re: The price of a radio was increased by 25 percent. This price [#permalink]
27 Apr 2019, 12:13
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