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A store owner decided to raise the price of a particular

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A store owner decided to raise the price of a particular [#permalink] New post 11 Mar 2012, 00:04
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I could figure this one out in about two seconds if I had a calculator, but I hear that's not allowed on the GMAT, so I need to know how to get this answer quick by hand. Thanks!

A store owner decided to raise the price of a particular item by exactly 10%. Of the following which is NOT the new price?

A. $1.10
B. $8.80
C. $11.00
D. $57.30
E. $78.10
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Re: Price Percentage Increase, Find Original Price. [#permalink] New post 11 Mar 2012, 00:17
The new price should be divisible by 11 , because new price = 1.1 * old price. Answer is D, because it's not divisible by 11.
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Re: A store owner decided to raise the price of a particular [#permalink] New post 11 Mar 2012, 00:39
Stoneface wrote:
I could figure this one out in about two seconds if I had a calculator, but I hear that's not allowed on the GMAT, so I need to know how to get this answer quick by hand. Thanks!

A store owner decided to raise the price of a particular item by exactly 10%. Of the following which is NOT the new price?

A. $1.10
B. $8.80
C. $11.00
D. $57.30
E. $78.10


Old Price * 1.1 = New Price -> Old Price * 11 = New Price *10 --> the new price in cents must be a multiple of 11 (assuming that the new price in cents is an integer);

To check which price is a multiple of 11 and which is not you should use divisibility rule for 11: if you sum every second digit of a number and then subtract the sum of all other digits and the answer is divisible by 11, then the number is divisible by 11. Only answer choice D, 5730 cents, is not divisible by 11: (7+0)-(5+3)=-1, which is not divisible by 11

Answer: D.

Check for more divisibility rules here: math-number-theory-88376.html

Hope it helps.
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Re: A store owner decided to raise the price of a particular [#permalink] New post 11 Mar 2012, 00:50
But (8+0)-(7+1)=0, and zero isn't divisble by 11, either. Is zero exempt from the rule?
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Re: A store owner decided to raise the price of a particular [#permalink] New post 11 Mar 2012, 00:53
Re: A store owner decided to raise the price of a particular   [#permalink] 11 Mar 2012, 00:53
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