At the end of each week, the price of a garment was reduced : PS Archive
Check GMAT Club App Tracker for the Latest School Decision Releases http://gmatclub.com/AppTrack

 It is currently 05 Dec 2016, 08:43

### 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

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

# Events & Promotions

###### Events & Promotions in June
Open Detailed Calendar

# At the end of each week, the price of a garment was reduced

Author Message
Eternal Intern
Joined: 07 Jun 2003
Posts: 467
Location: Lone Star State
Followers: 1

Kudos [?]: 142 [0], given: 0

At the end of each week, the price of a garment was reduced [#permalink]

### Show Tags

01 Aug 2003, 07:02
00:00

Difficulty:

(N/A)

Question Stats:

0% (00:00) correct 0% (00:00) wrong based on 0 sessions

### HideShow timer Statistics

This topic is locked. If you want to discuss this question please re-post it in the respective forum.

At the end of each week, the price of a garment was reduced by 25 percent of its price during that week. If p was the price of the garment at the beginning of the first week, then in terms, of p, what was the price of the garment at the beginning of the 5th week?

Enjoy
_________________

Ride em cowboy

Manager
Joined: 03 Jun 2003
Posts: 84
Location: Uruguay
Followers: 1

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

### Show Tags

01 Aug 2003, 11:40
I think it is p-(p*0.25^4)

or p*(1-0.25^4)

Stolyar p*0.25^4 is the discount price not the resulting price. Am I correct?
GMAT Instructor
Joined: 07 Jul 2003
Posts: 770
Location: New York NY 10024
Schools: Haas, MFE; Anderson, MBA; USC, MSEE
Followers: 23

Kudos [?]: 198 [0], given: 0

### Show Tags

01 Aug 2003, 11:52
MBA04 wrote:
I think it is p-(p*0.25^4)

or p*(1-0.25^4)

Stolyar p*0.25^4 is the discount price not the resulting price. Am I correct?

Stoylar is correct and youare wrong. You are applying the 25% discount to each resulting discount when you need to apply it to the price.
_________________

Best,

AkamaiBrah
Former Senior Instructor, Manhattan GMAT and VeritasPrep
Vice President, Midtown NYC Investment Bank, Structured Finance IT
MFE, Haas School of Business, UC Berkeley, Class of 2005
MBA, Anderson School of Management, UCLA, Class of 1993

Display posts from previous: Sort by