Last visit was: 21 Nov 2024, 10:59 It is currently 21 Nov 2024, 10:59

Close

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

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GRE score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Close

Request Expert Reply

Confirm Cancel
Verbal Expert
Joined: 18 Apr 2015
Posts: 30001
Own Kudos [?]: 36335 [4]
Given Kudos: 25926
Send PM
Verbal Expert
Joined: 18 Apr 2015
Posts: 30001
Own Kudos [?]: 36335 [0]
Given Kudos: 25926
Send PM
avatar
Manager
Manager
Joined: 07 Aug 2016
Posts: 59
Own Kudos [?]: 68 [2]
Given Kudos: 0
GRE 1: Q166 V156
Send PM
Verbal Expert
Joined: 18 Apr 2015
Posts: 30001
Own Kudos [?]: 36335 [0]
Given Kudos: 25926
Send PM
Re: An item originally costs p dollars, where p > 0 [#permalink]
1
Expert Reply
Sorry Sir.

There was two versions of the same question.

The one I posted had a constant in the stem.

I have edited the question see above .

In your case without the editing yes you are right the answer would be D

Great job :)

+ kudo
avatar
Manager
Manager
Joined: 07 Aug 2016
Posts: 59
Own Kudos [?]: 68 [3]
Given Kudos: 0
GRE 1: Q166 V156
Send PM
Re: An item originally costs p dollars, where p > 0 [#permalink]
2
1
Bookmarks
Carcass wrote:
Sorry Sir.

There was two versions of the same question.

The one I posted had a constant in the stem.

I have edited the question see above .

In your case without the editing yes you are right the answer would be D

Great job :)

+ kudo



Thanks Carcass for the swift response!

In this case y - x > x - y

it would mean 2 y > 2x
hence y > x

and as per my previous example

Algebraically we have (1-x%) * (1+y%) > (1+x%) (1-y%)

Since the percentage increase from x is smaller than the percentage increase from y it would make the answer choice A

As an example x = 10% and y = 20%

0.9 * 1.2 > 1.1 * 0.8

Here the answer choice is A
Verbal Expert
Joined: 18 Apr 2015
Posts: 30001
Own Kudos [?]: 36335 [0]
Given Kudos: 25926
Send PM
Re: An item originally costs p dollars, where p > 0 [#permalink]
Expert Reply
My Pleasure Sir :)
Senior Manager
Senior Manager
Joined: 23 Jan 2021
Posts: 294
Own Kudos [?]: 170 [1]
Given Kudos: 81
Concentration: , International Business
Send PM
An item originally costs p dollars, where p > 0 [#permalink]
1
From the above inequality, we get y>x .
suppose y is 20% , x is 10% and original price was 100$.

Here in quantity A,
The price of the item if the 100 $ original price were decreased by 10 % , increased by 35%, and then increased by 20%,
hence, price after all percentage = 100*0.90*1.35*1.20 ........(increment by 10 % means original price is supposed to multiply by 1.10, thats why i did this to save time)

But in Quantity B,
The price of the item if the original price 100 $ were increased by 10 % , decreased by20 %, and then increased by 35 %

The final price of the item = 100*1.10*0.80*1.35.
Since, in both quantity, 100*1.10*1.35 is common and we left with 0.90 in Quantity A and 0.80 in Quantity B.

Hence answer is A.
PM me or comment here if doubts remain.
Intern
Intern
Joined: 18 Aug 2023
Posts: 4
Own Kudos [?]: 3 [0]
Given Kudos: 26
Send PM
Re: An item originally costs p dollars, where p > 0 [#permalink]
okay since the question is on percentages should we assume that both x and y are positive and solve the equation cause if the numbers are negative we cant just take it to left side and solve equation right??
Verbal Expert
Joined: 18 Apr 2015
Posts: 30001
Own Kudos [?]: 36335 [0]
Given Kudos: 25926
Send PM
Re: An item originally costs p dollars, where p > 0 [#permalink]
Expert Reply
Of course. If we deal with % the number of starting point are somehow positive.
Prep Club for GRE Bot
Re: An item originally costs p dollars, where p > 0 [#permalink]
Moderators:
GRE Instructor
83 posts
GRE Forum Moderator
37 posts
Moderator
1111 posts
GRE Instructor
234 posts

Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne