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The table above shows the various charges made by two

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The table above shows the various charges made by two [#permalink] New post   Updated on: 29 Apr 2012, 05:35
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82% (02:29) correct 18% (02:41) wrong based on 494 sessions
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Charges made by two companies for the same A/C
Company XCompany Y
Price$575$530
Surcharge as a Percent of Price4%3%
Installation Charge$82.50$93.00


The table above shows the various charges made by two companies for the same air conditioner. What is the total amount that can be saved on the purchase and installation of the air conditioner by dealing with the company that offers the lower total charge?

A. $41.60
B. $45.00
C. $50.75
D. $55.75
E. $61.25

What is being asked in this question?
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A

Originally posted by boomtangboy on 28 Apr 2012, 21:42.
Last edited by Bunuel on 29 Apr 2012, 05:35, edited 2 times in total.
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Re: The table above shows the various charges made by two [#permalink] New post   29 Apr 2012, 06:01
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boomtangboy wrote:
Charges made by two companies for the same A/C
Company XCompany Y
Price$575$530
Surcharge as a Percent of Price4%3%
Installation Charge$82.50$93.00


The table above shows the various charges made by two companies for the same air conditioner. What is the total amount that can be saved on the purchase and installation of the air conditioner by dealing with the company that offers the lower total charge?

A. $41.60
B. $45.00
C. $50.75
D. $55.75
E. $61.25

What is being asked in this question?


Total charges of company A: 575+0.04*575+82.5=680.5;
Total charges of company B: 530+0.03*530+93=638.9;

If we deal with company B, which offers the lower price, we can save 680.5-638.9=41.6 dollars.

Answer: A.
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Re: The table above shows the various charges made by two [#permalink] New post   02 Jul 2013, 01:16
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Bumping for review and further discussion*. Get a kudos point for an alternative solution!

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Re: The table above shows the various charges made by two [#permalink] New post   12 Aug 2014, 23:47
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A. $41.60
B. $45.00
C. $50.75
D. $55.75
E. $61.25

Looking at the values / percentage, its clear that Company X costlier than Company Y

Just observed the OA; they have 4 distinct numbers after decimal point

Total calculation of company x gives .00 + .00 + .50 = .50 at the decimal

Total calculation of company y gives .00 + .90 + .00 = .90 at the decimal

There difference provides .60 at the decimal; only 41.60 fits in

Answer = A
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Re: The table above shows the various charges made by two [#permalink] New post   04 Jan 2017, 22:44
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boomtangboy wrote:
Charges made by two companies for the same A/C
Company XCompany Y
Price$575$530
Surcharge as a Percent of Price4%3%
Installation Charge$82.50$93.00


The table above shows the various charges made by two companies for the same air conditioner. What is the total amount that can be saved on the purchase and installation of the air conditioner by dealing with the company that offers the lower total charge?

A. $41.60
B. $45.00
C. $50.75
D. $55.75
E. $61.25

What is being asked in this question?


Approximate the difference:

X - Price 45 extra
X - 4% of 575 is 4 times 1% of 575 which is 4 times 5.75, which is 23.
Y - 3% of 530 is 3 times 1% of 530 which is 3 times 5.3 say about 16.
So Surcharge of X is about 7 extra.

Y - Installation costs about 10 extra.

So overall, X costs about 42 extra.

Answer (A)
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Re: The table above shows the various charges made by two [#permalink] New post   12 Mar 2023, 14:00
Hello from the GMAT Club BumpBot!

Thanks to another GMAT Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).

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Re: The table above shows the various charges made by two [#permalink]
12 Mar 2023, 14:00
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