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A store offers a variety of discounts that range from 10 per

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Senior Manager
Senior Manager
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Joined: 06 Apr 2005
Posts: 355
Location: USA
Followers: 1

Kudos [?]: 13 [0], given: 1

A store offers a variety of discounts that range from 10 per [#permalink] New post 06 Apr 2005, 17:09
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E

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0% (00:00) correct 0% (00:00) wrong based on 0 sessions
A store offers a variety of discounts that range from 10 percent and 25 percent inclusive. If a book is discounted to a price of $2.40, what was its greatest possible price originally
a) $2.64
b)$3.00
c)$3.20
d)$10.80
e)$24.00

Answers in 8 hours time.
May the force be with ya.
:evil:
- Darth
Current Student
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Joined: 28 Dec 2004
Posts: 3403
Location: New York City
Schools: Wharton'11 HBS'12
Followers: 13

Kudos [?]: 164 [0], given: 2

 [#permalink] New post 07 Apr 2005, 05:18
in order to get the maximum possible price...then we must have the maxium possible discount available for that book.

$2.40 price of book after 25% discount!

2.4/.75 or (4*2.4)/3=3.20

$3.20
Senior Manager
Senior Manager
avatar
Joined: 06 Apr 2005
Posts: 355
Location: USA
Followers: 1

Kudos [?]: 13 [0], given: 1

Answer [#permalink] New post 08 Apr 2005, 01:35
And the Answer is

c. $3.20

Its good to see both the respondents getting the answer correct. You had to get the greatest possible original price of the item, after the discount.

Great going
:evil:
Darth
Answer   [#permalink] 08 Apr 2005, 01:35
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A store offers a variety of discounts that range from 10 per

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