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

It is currently 22 May 2013, 04:53
Customize  |  Hide

Leo can buy a certain computer for p1 dollars in State A,

  Question banks Downloads My Bookmarks Reviews  
Author Message
TAGS:
Intern
Intern
Joined: 08 Nov 2008
Posts: 39
Followers: 0

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

Leo can buy a certain computer for p1 dollars in State A, [#permalink] New post 11 Nov 2008, 16:54
Leo can buy a certain computer for p1 dollars in State A, where the sales tax is t1 percent, or he can buy the same computer for p2 dollars in State B, where the sales tax is t2 percent. Is the total cost of the computer greater in State A than in State B?
(1) t1 > t2
(2) p1t1 > p2t2

A. Statement (1) ALONE is sufficient, but statement (2) alone is not sufficient.
B. Statement (2) ALONE is sufficient, but statement (1) alone is not sufficient.
C. BOTH statements TOGETHER are sufficient, but NEITHER statement ALONE is sufficient.
D. EACH statement ALONE is sufficient.
E. Statements (1) and (2) TOGETHER are NOT sufficient.
SVP
SVP
Joined: 17 Jun 2008
Posts: 1593
Followers: 7

Kudos [?]: 131 [0], given: 0

GMAT Tests User
Re: computer [#permalink] New post 12 Nov 2008, 02:08
C.

Total cost in state A = p1(1+t1/100) and in state B = p2(1+t2/100)
From stmt1: we know that t1 > t2, but not sure of p1 and p2.....insufficient.
From stmt2: we know that p1t1 > p2t2 and again not sure of p1 and p2....insufficient.

Combining two, p1(1+t1/100) > p2(1+t2/100)
SVP
SVP
Joined: 17 Jun 2008
Posts: 1593
Followers: 7

Kudos [?]: 131 [0], given: 0

GMAT Tests User
Re: computer [#permalink] New post 12 Nov 2008, 02:11
scthakur wrote:
C.

Total cost in state A = p1(1+t1/100) and in state B = p2(1+t2/100)
From stmt1: we know that t1 > t2, but not sure of p1 and p2.....insufficient.
From stmt2: we know that p1t1 > p2t2 and again not sure of p1 and p2....insufficient.

Combining two, p1(1+t1/100) > p2(1+t2/100)



Correction. It will be E.

if t1 > t2 and p1t1 > p2t2, we cannot say that p1 > p2.....hence, E.
Re: computer   [#permalink] 12 Nov 2008, 02:11
    Similar topics Author Replies Last post
Similar
Topics:
New posts Leo can buy a certain computer for p1 dollars in State A, nocilis 4 04 Feb 2005, 22:43
Popular new posts Leo can buy a certain computer for p1 dollars in State A, M8 28 29 Apr 2006, 22:08
New posts Leo can buy a certain computer for p1 dollars in State A, johnycute 3 07 Dec 2006, 23:42
Popular new posts EXPERTS_POSTS_IN_THIS_TOPIC Leo can buy a certain computer for p1 dollars in State A, marcodonzelli 18 08 Jan 2008, 06:21
This topic is locked, you cannot edit posts or make further replies. New EXPERTS_POSTS_IN_THIS_TOPIC Leo can buy a certain computer for p1 dollars in State A, sagarsabnis 2 08 Jan 2010, 14:26
Display posts from previous: Sort by

Leo can buy a certain computer for p1 dollars in State A,

  Question banks Downloads My Bookmarks Reviews  


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®.