GMAT Question of the Day - Daily to your Mailbox; hard ones only

 It is currently 22 Oct 2019, 00:35

### 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

# A 30% increase in the price of a shirt is equivalent to \$60. If the pr

Author Message
TAGS:

### Hide Tags

Math Expert
Joined: 02 Sep 2009
Posts: 58408
A 30% increase in the price of a shirt is equivalent to \$60. If the pr  [#permalink]

### Show Tags

22 Jan 2019, 23:58
00:00

Difficulty:

15% (low)

Question Stats:

84% (01:32) correct 16% (02:35) wrong based on 43 sessions

### HideShow timer Statistics

A 30% increase in the price of a shirt is equivalent to \$60. If the price of the shirt were reduced by 20% instead of increased by 30%, what would be the price of the shirt?

A 240
B 200
C 160
D 120
E 54

_________________
Intern
Joined: 10 Feb 2018
Posts: 31
GMAT 1: 550 Q46 V20
A 30% increase in the price of a shirt is equivalent to \$60. If the pr  [#permalink]

### Show Tags

23 Jan 2019, 00:37

30% =60
ie 100%=200
so 200-20%
==200-40=160
GMAT Club Legend
Joined: 18 Aug 2017
Posts: 5027
Location: India
Concentration: Sustainability, Marketing
GPA: 4
WE: Marketing (Energy and Utilities)
Re: A 30% increase in the price of a shirt is equivalent to \$60. If the pr  [#permalink]

### Show Tags

23 Jan 2019, 06:19
Bunuel wrote:
A 30% increase in the price of a shirt is equivalent to \$60. If the price of the shirt were reduced by 20% instead of increased by 30%, what would be the price of the shirt?

A 240
B 200
C 160
D 120
E 54

let price be x

so
1.3x= x+60
x= 60/.3
x= 200
now 20% discount would mean ; 200 * .8 = \$160
IMO C
Target Test Prep Representative
Status: Founder & CEO
Affiliations: Target Test Prep
Joined: 14 Oct 2015
Posts: 8125
Location: United States (CA)
Re: A 30% increase in the price of a shirt is equivalent to \$60. If the pr  [#permalink]

### Show Tags

27 Jan 2019, 19:33
Bunuel wrote:
A 30% increase in the price of a shirt is equivalent to \$60. If the price of the shirt were reduced by 20% instead of increased by 30%, what would be the price of the shirt?

A 240
B 200
C 160
D 120
E 54

We can let the original price = p and create the equation:

1.3p = p + 60

0.3p = 60

p = 60/0.3 = 600/3 = 200

If that shirt were decreased by 20%, the price would be:

200 x 4/5 = 40 x 4 = 160

_________________

# Scott Woodbury-Stewart

Founder and CEO

Scott@TargetTestPrep.com
122 Reviews

5-star rated online GMAT quant
self study course

See why Target Test Prep is the top rated GMAT quant course on GMAT Club. Read Our Reviews

If you find one of my posts helpful, please take a moment to click on the "Kudos" button.

Re: A 30% increase in the price of a shirt is equivalent to \$60. If the pr   [#permalink] 27 Jan 2019, 19:33
Display posts from previous: Sort by