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The price of a suit that regularly sells for $k is reduced by 40 perce
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07 Jun 2022, 01:00
07 Jun 2022, 01:00
Expert Reply
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Question Stats:
84% (00:43) correct
15% (01:20) wrong based on 13 sessions
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The price of a suit that regularly sells for $k is reduced by 40 percent, and then increased by 40% of the reduced price. What is the total percent decrease in the suit's price?
Show: ::
16%
Part of the project: Skill Builder Project for a Q170
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GRE Math Essentials
GRE Geometry Formulas for a Q170
GRE - Math Book
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GRE Math Essentials
GRE Geometry Formulas for a Q170
GRE - Math Book
Re: The price of a suit that regularly sells for $k is reduced by 40 perce
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19 Jun 2022, 13:31
19 Jun 2022, 13:31
Expert Reply
Re: The price of a suit that regularly sells for $k is reduced by 40 perce
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20 Jun 2022, 01:16
20 Jun 2022, 01:16
1
Let the value of suit be 100rs, 40% decrease= 100*0.6 -> 60rs, further 40% increase from the reduced value will be 60*1.4=84. Therefore,there is a 16% drop from original price.
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