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If a television set was sold at $800 then a profit of 20% could have
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18 Jun 2024, 23:13
18 Jun 2024, 23:13
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Question Stats:
92% (01:53) correct
7% (01:55) wrong based on 14 sessions
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If a television set was sold at $800 then a profit of 20% could have been made. If it was sold at a loss of 30%. What was the selling price of the television set?
A. $400
B. $466.66
C. $516.66
D. $550
E. $580
A. $400
B. $466.66
C. $516.66
D. $550
E. $580
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Shorter GRE - Preparing for the Quantitative Reasoning Measure
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Free Materials for the GRE General Exam - Where to get it!!
Shorter GRE - Preparing for the Quantitative Reasoning Measure
Shorter GRE - Preparing for the Verbal Reasoning Measure
Re: If a television set was sold at $800 then a profit of 20% could have
[#permalink]
27 Oct 2024, 21:10
27 Oct 2024, 21:10
1
Let X = price of tv set
1.2X = 800
X = 800/1.2 = 666.67
SP after loss of 30% = 666.67 * 30% = 466.67 (B)
1.2X = 800
X = 800/1.2 = 666.67
SP after loss of 30% = 666.67 * 30% = 466.67 (B)
gmatclubot
Re: If a television set was sold at $800 then a profit of 20% could have [#permalink]
27 Oct 2024, 21:10
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