GRE Prep Club Daily Prep
Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.
Customized
for You
Track
Your Progress
Practice
Pays
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
The price of a radio was increased by 25 percent. This price
[#permalink]
07 May 2019, 10:20
07 May 2019, 10:20
Expert Reply
00:00
Question Stats:
85% (00:25) correct
15% (00:01) wrong based on 20 sessions
Hide Show timer Statistics
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%
Re: The price of a radio was increased by 25 percent. This price
[#permalink]
16 Apr 2020, 12:56
16 Apr 2020, 12:56
Expert Reply
consider base price - $100
25% increase = 1.25*100 = $125
another 40% increase on new price = 1.4* 125 = $175
so final price of radio - $175
therefore a 75% increase
correct option - B
25% increase = 1.25*100 = $125
another 40% increase on new price = 1.4* 125 = $175
so final price of radio - $175
therefore a 75% increase
correct option - B
gmatclubot
Re: The price of a radio was increased by 25 percent. This price [#permalink]
16 Apr 2020, 12:56
Moderators:
