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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 28 Apr 2012, 20:42
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A
B
C
D
E

Difficulty:

  25% (low)

Question Stats:

82% (02:53) correct 18% (01:51) wrong based on 50 sessions




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?
[Reveal] Spoiler: OA

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Last edited by Bunuel on 29 Apr 2012, 04:35, 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, 05:01
Expert's post
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, 00:16
Expert's post
Re: The table above shows the various charges made by two   [#permalink] 02 Jul 2013, 00:16
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