Events & Promotions
|
|
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
Track
Your Progress
Practice
Pays
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Nov 2007:30 AM PST
-08:30 AM PST
Learn what truly sets the UC Riverside MBA apart and how it helps in your professional growth
Nov 2211:00 AM IST
-01:00 PM IST
Do RC/MSR passages scare you? e-GMAT is conducting a masterclass to help you learn – Learn effective reading strategies Tackle difficult RC & MSR with confidence Excel in timed test environment- Nov 23
11:00 AM IST
-01:00 PM IST
Attend this free GMAT Algebra Webinar and learn how to master the most challenging Inequalities and Absolute Value problems with ease. 
Nov 2510:00 AM EST
-11:00 AM EST
Prefer video-based learning? The Target Test Prep OnDemand course is a one-of-a-kind video masterclass featuring 400 hours of lecture-style teaching by Scott Woodbury-Stewart, founder of Target Test Prep and one of the most accomplished GMAT instructors.
29 May 2025, 00:30
Kudos
Bookmarks
E
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
5%
(low)
Question Stats:
95% (01:16) correct
5%
(01:28)
wrong
based on 57
sessions
History
Date
Time
Result
Not Attempted Yet
A car dealer purchased a car for m percent less than its list price, and then sold the car for n percent less than its list price. What was the price for which the car dealer purchased the car?
(1) m = 30
(2) m - n = 10
Gentle note to all experts and tutors: Please refrain from replying to this question until the Official Answer (OA) is revealed. Let students attempt to solve it first. You are all welcome to contribute posts after the OA is posted. Thank you all for your cooperation!
(1) m = 30
(2) m - n = 10
Gentle note to all experts and tutors: Please refrain from replying to this question until the Official Answer (OA) is revealed. Let students attempt to solve it first. You are all welcome to contribute posts after the OA is posted. Thank you all for your cooperation!
29 May 2025, 01:00
Kudos
Bookmarks
In order to solve this, we need some value list price, selling price, profit, along with the % details or their relation
S1
m=30
Insufficient, we do not know the list price
s2
m - n = 10
Insufficient, we do not know list price
Combined, we know m=30, n=20. Still, we do not know list price
Insufficient
Answer E
S1
m=30
Insufficient, we do not know the list price
s2
m - n = 10
Insufficient, we do not know list price
Combined, we know m=30, n=20. Still, we do not know list price
Insufficient
Answer E
Bunuel
29 May 2025, 04:22
Kudos
Bookmarks
In order to answer this question, we need just two values. List price and m.
S1 says m= 30 but list price is unknown. S1 alone is insufficient.
S2 says m-n=10, both list price and m are unknown. S2 alone is insufficient.
Combine S1 &S2 list value is unknown. Both S1 and S2 combined is not sufficient.
Option E is the answer.
S1 says m= 30 but list price is unknown. S1 alone is insufficient.
S2 says m-n=10, both list price and m are unknown. S2 alone is insufficient.
Combine S1 &S2 list value is unknown. Both S1 and S2 combined is not sufficient.
Option E is the answer.
