Find all School-related info fast with the new School-Specific MBA Forum

It is currently 16 Sep 2014, 05:37

Close

GMAT Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

At store W, in June of year X, the price of a cabinet was 20

  Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
TAGS:
Senior Manager
Senior Manager
User avatar
Joined: 27 Jun 2012
Posts: 417
Concentration: Strategy, Finance
Followers: 40

Kudos [?]: 355 [0], given: 182

At store W, in June of year X, the price of a cabinet was 20 [#permalink] New post 17 Mar 2013, 22:22
1
This post was
BOOKMARKED
00:00
A
B
C
D
E

Difficulty:

  55% (hard)

Question Stats:

65% (02:23) correct 35% (01:33) wrong based on 78 sessions
At store W, in June of year X, the price of a cabinet was 20 percent less than it was in July of year X, and at store W, in June of year X, the price of a lamp was 15 percent greater than it was in July of year X. What was the price of the lamp in store W, in June of year X?

(1) In July of year X, the price of the cabinet was $260 greater than the price of the lamp.

(2) The ratio of the price of the cabinet in June of year X to the price of the cabinet in July of year X was 4 to 5.
[Reveal] Spoiler: OA

_________________

Thanks,
PraPon

Tough 700+ Level RCs: Passage1 | Passage2 | Passage3 | Passage4 | Passage5 | Passage6 | Passage7
Reading Comprehension notes: Click here
VOTE: vote-best-gmat-practice-tests-excluding-gmatprep-144859.html
PowerScore CR Bible - Official Guide 13 Questions Set Mapped: Click here

Expert Post
1 KUDOS received
Math Expert
User avatar
Joined: 02 Sep 2009
Posts: 29641
Followers: 3488

Kudos [?]: 26194 [1] , given: 2706

Re: At store W, in June of year X, the price of a cabinet was 20 [#permalink] New post 17 Mar 2013, 23:12
1
This post received
KUDOS
Expert's post
At store W, in June of year X, the price of a cabinet was 20 percent less than it was in July of year X, and at store W, in June of year X, the price of a lamp was 15 percent greater than it was in July of year X. What was the price of the lamp in store W, in June of year X?

The price of the cabinet in June = 0.8C;
The price of the cabinet in July = C;

The price of the lamp in June = 1.15L;
The price of the lamp in July = L;

(1) In July of year X, the price of the cabinet was $260 greater than the price of the lamp --> C=L+260. Not sufficient to find L.

(2) The ratio of the price of the cabinet in June of year X to the price of the cabinet in July of year X was 4 to 5 --> we knew this from the stem, since (0.8C)/C=0.8=4/5, so this statement is useless. Not sufficient.

(1)+(2) One statement is insufficient and another is useless, thus even taken together the statements are not sufficient.

Answer: E.

Hope it's clear.
_________________

NEW TO MATH FORUM? PLEASE READ THIS: ALL YOU NEED FOR QUANT!!!

PLEASE READ AND FOLLOW: 11 Rules for Posting!!!

RESOURCES: [GMAT MATH BOOK]; 1. Triangles; 2. Polygons; 3. Coordinate Geometry; 4. Factorials; 5. Circles; 6. Number Theory; 7. Remainders; 8. Overlapping Sets; 9. PDF of Math Book; 10. Remainders; 11. GMAT Prep Software Analysis NEW!!!; 12. SEVEN SAMURAI OF 2012 (BEST DISCUSSIONS) NEW!!!; 12. Tricky questions from previous years. NEW!!!;

COLLECTION OF QUESTIONS:
PS: 1. Tough and Tricky questions; 2. Hard questions; 3. Hard questions part 2; 4. Standard deviation; 5. Tough Problem Solving Questions With Solutions; 6. Probability and Combinations Questions With Solutions; 7 Tough and tricky exponents and roots questions; 8 12 Easy Pieces (or not?); 9 Bakers' Dozen; 10 Algebra set. ,11 Mixed Questions, 12 Fresh Meat

DS: 1. DS tough questions; 2. DS tough questions part 2; 3. DS tough questions part 3; 4. DS Standard deviation; 5. Inequalities; 6. 700+ GMAT Data Sufficiency Questions With Explanations; 7 Tough and tricky exponents and roots questions; 8 The Discreet Charm of the DS ; 9 Devil's Dozen!!!; 10 Number Properties set., 11 New DS set.


What are GMAT Club Tests?
25 extra-hard Quant Tests

Get the best GMAT Prep Resources with GMAT Club Premium Membership

VP
VP
avatar
Status: Final Lap Up!!!
Affiliations: NYK Line
Joined: 21 Sep 2012
Posts: 1096
Location: India
GMAT 1: 410 Q35 V11
GMAT 2: 530 Q44 V20
GMAT 3: 630 Q45 V31
GPA: 3.84
WE: Engineering (Transportation)
Followers: 31

Kudos [?]: 263 [0], given: 67

Re: At store W, in June of year X, the price of a cabinet was 20 [#permalink] New post 17 Mar 2013, 23:33
PraPon wrote:
At store W, in June of year X, the price of a cabinet was 20 percent less than it was in July of year X, and at store W, in June of year X, the price of a lamp was 15 percent greater than it was in July of year X. What was the price of the lamp in store W, in June of year X?

(1) In July of year X, the price of the cabinet was $260 greater than the price of the lamp.

(2) The ratio of the price of the cabinet in June of year X to the price of the cabinet in July of year X was 4 to 5.


Statement 1 and 2 are insufficient of itself......I hope thats easy and you may hove no doubt in that

Combining both statement gives
C-L = 260 and 0.8C/C = 4/5
You can noot calcualte the value of C from the proprotion......because c will be cancelled and you will be left out with 0.8 =4/5
had it been 0.8l/c =4/5
than there would have been possible soln....

Consider kudos if my post helps!!

Archit
Manager
Manager
avatar
Joined: 19 Aug 2012
Posts: 64
Followers: 1

Kudos [?]: 11 [0], given: 9

Re: At store W, in June of year X, the price of a cabinet was 20 [#permalink] New post 18 Mar 2013, 11:00
clearly answer is E.

No relation is mentioned in question between lamp and cabinet.
and nothing about lamp is in any of the statement.
_________________

giving kudos is the best thing you can do for me..

Re: At store W, in June of year X, the price of a cabinet was 20   [#permalink] 18 Mar 2013, 11:00
    Similar topics Author Replies Last post
Similar
Topics:
Experts publish their posts in the topic Taking the GMAT on June 20th pblandon 5 02 Jun 2014, 07:26
A store selling price..... monirjewel 2 28 Oct 2010, 21:28
The share price of AMCO has risen consistently for 20 years bindrakaran001 1 06 Nov 2008, 10:40
1 The positive numbers w, x, y, and z are such that x is 20 albany09 7 09 Oct 2008, 05:03
Month Average price per dozen April $1.26 May $1.20 June Ravshonbek 2 22 Aug 2007, 15:30
Display posts from previous: Sort by

At store W, in June of year X, the price of a cabinet was 20

  Question banks Downloads My Bookmarks Reviews Important topics  


GMAT Club MBA Forum Home| About| Privacy Policy| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group and phpBB SEO

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.