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# A trader is interested to buy some $8 pens from a  Question banks Downloads My Bookmarks Reviews Important topics Author Message TAGS: Senior Manager Joined: 30 Aug 2003 Posts: 325 Location: dallas , tx Followers: 1 Kudos [?]: 9 [0], given: 0 A trader is interested to buy some$8 pens from a [#permalink]  18 Dec 2003, 14:26
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A trader is interested to buy some $8 pens from a wholeseller.A wholeseller gave 15% discount on the list price and deducted a total of$168 from the invoice .How many pens did he buy?
A130
B.150
C.140
D.120
E.110
_________________

shubhangi

GMAT Club Legend
Joined: 15 Dec 2003
Posts: 4309
Followers: 29

Kudos [?]: 235 [0], given: 0

C

x=total invoice price without discount
3/20(x)=168
x=1120$1120/8=140 pens Manager Joined: 26 Aug 2003 Posts: 233 Location: United States Followers: 1 Kudos [?]: 2 [0], given: 0 [#permalink] 19 Dec 2003, 06:30 140. 15% discount on list price for every pen, so 15% discount on$8 = $1.2 NumberOfPens = TotalDiscount / DiscountPerPen NumberOfPens = 168 / 1.2 = 140 [#permalink] 19 Dec 2003, 06:30 Similar topics Replies Last post Similar Topics: A man buys 20 pens and 12 books for Rs. 320. He sells pens 4 02 Apr 2013, 12:05 2 If a trader, by means of false measures, gains 20% while buy 7 03 Nov 2011, 08:57 5 A certain investment grows at an annual interest rate of 8%, 10 18 Nov 2009, 20:41 1 If Johnny wants to buy some candy with nickels ($0.05 coins) 9 29 Oct 2009, 09:56
A certain investment grows at an annual interest rate of 8%, 5 30 Oct 2007, 11:34
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