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A toy store regularly sells all stock at a discount of 20 [#permalink]
25 Oct 2010, 04:40

00:00

A

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Difficulty:

15% (low)

Question Stats:

86% (02:09) correct
14% (01:58) wrong based on 96 sessions

A toy store regularly sells all stock at a discount of 20 percent to 40 percent. If an additional 25 percent were deducted from the discount price during a special sale, what would be the lowest possible price of a toy costing $16 before any discount?

Re: A toy store regularly sells..... [#permalink]
20 Jan 2011, 05:39

I understand the answer explanation. But "before any discount" at the end of the question is confusing to me. Shouldn't it be "after discount(s)". I usually don't stumble upon these tricky wordings. But, this one got me. Please explain. _________________

Re: A toy store regularly sells..... [#permalink]
10 Jun 2011, 10:40

A toy store regularly sells all stock at a discount of 20 percent to 40 percent. If an additional 25 percent were deducted from the discount price during a special sale, what would be the lowest possible price of a toy " Which is " costing $16 before any discount?

Re: A toy store regularly sells..... [#permalink]
12 Jan 2012, 14:28

Easy enough, if you have a calculator. Any suggestions on solving (16 * 0.6 * 0.75) without simply estimating?

Even if you figure the first part: 1.6 * 6 = 9.2, how can you accurately find 0.75 of 9.2? I always feel like I'm missing something on these questions, the OG answers simply state the answers as if a calculator were allowed.

Re: A toy store regularly sells..... [#permalink]
15 Jan 2012, 21:24

A toy store regularly sells all stock at a discount of 20 percent to 40 percent. If an additional 25 percent were deducted from the discount price during a special sale, what would be the lowest possible price of a toy costing $16 before any discount?

A. $5.60 B. $7.20 C. $8.80 D. $9.60 E. $15.20

lowest price = max discount = 25% on top of 40% lowest price = 16 * (60/100) * (75/100) = 16 * (3/5) * (3/4) = 4 * 9 / 5 = 36 /5 = 7.20

Simple solution yet very confusing question [#permalink]
17 Nov 2012, 19:42

A toy store regularly sells all stock at a discount of 20% - 40%. If an additional 25% were deducted from the discount price during a special sale, what would be the lowest possible price of a toy costing $16 before any discount?

I find this question extremely confusing, why would it say before any discount whereas what it really means is after all the discount?

The math itself in this question is very simple

16*(0.6)(0.75) = 7.20

Please advice, since i dont want to make silly mistake just because I dont know what the question is asking

Re: Simple solution yet very confusing question [#permalink]
17 Nov 2012, 20:54

chibimoon wrote:

A toy store regularly sells all stock at a discount of 20% - 40%. If an additional 25% were deducted from the discount price during a special sale, what would be the lowest possible price of a toy costing $16 before any discount?

I find this question extremely confusing, why would it say before any discount whereas what it really means is after all the discount?

The math itself in this question is very simple

16*(0.6)(0.75) = 7.20

Please advice, since i dont want to make silly mistake just because I dont know what the question is asking

Thank you

I agree. The question is worded a bit poorly. But I think from the context it is quite clear that the 16$ is the price before the discount. You don not have to worry about such issues as the GMAT never frames unclear questions. What they are asking for is clearly conveyed.

Kudos Please... If my post helped. _________________

Did you find this post helpful?... Please let me know through the Kudos button.

Re: Simple solution yet very confusing question [#permalink]
18 Nov 2012, 03:46

Expert's post

chibimoon wrote:

A toy store regularly sells all stock at a discount of 20% - 40%. If an additional 25% were deducted from the discount price during a special sale, what would be the lowest possible price of a toy costing $16 before any discount?

I find this question extremely confusing, why would it say before any discount whereas what it really means is after all the discount?

The math itself in this question is very simple

16*(0.6)(0.75) = 7.20

Please advice, since i dont want to make silly mistake just because I dont know what the question is asking

Re: A toy store regularly sells all stock at a discount of 20 [#permalink]
19 Feb 2013, 01:35

Let the price be 100. So its sold between 60 to 80 (during usual discounts given) 60 would be the selling price after getting max discount of 40%. Also additional 25% discount is given. So 25% of 60 = 15. So, 100 would be sold at the max discount for 45. So calculating for 16 would be 7.2 _________________

Kindly press "Kudos" to appreciate

gmatclubot

Re: A toy store regularly sells all stock at a discount of 20
[#permalink]
19 Feb 2013, 01:35