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A bowl costs at least $60. If a trader marks it up 25% on its selling
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12 Dec 2023, 05:30
12 Dec 2023, 05:30
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Question Stats:
16% (00:50) correct
83% (00:40) wrong based on 6 sessions
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A bowl costs at least $60. If a trader marks it up 25% on its selling price, what could be the selling price of the bowl?
Indicate all possible values.
(A) $65
(B) $75
(C) $80
(D) $90
(E) $125
Indicate all possible values.
(A) $65
(B) $75
(C) $80
(D) $90
(E) $125
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Re: A bowl costs at least $60. If a trader marks it up 25% on its selling
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12 Dec 2023, 09:46
12 Dec 2023, 09:46
1
The answers are C, D and E.
Let the S.P. = x
--> x = 60 + 0.25x
--> 0.75x = 60
--> x = $80
Pick all options at and above $80.
Let the S.P. = x
--> x = 60 + 0.25x
--> 0.75x = 60
--> x = $80
Pick all options at and above $80.
gmatclubot
Re: A bowl costs at least $60. If a trader marks it up 25% on its selling [#permalink]
12 Dec 2023, 09:46
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