It is currently 19 Jan 2018, 21:22

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

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

Show Tags

02 Dec 2014, 08:12
1
KUDOS
Expert's post
1
This post was
BOOKMARKED
00:00

Difficulty:

25% (medium)

Question Stats:

74% (01:13) correct 26% (01:56) wrong based on 124 sessions

HideShow timer Statistics

Tough and Tricky questions: Word Problems.

A couple spent $264 in total while dining out and paid this amount using a credit card. The$264 figure included a 20 percent tip which was paid on top of the price of the food which already included a sales tax of 10 percent. What was the actual price of the meal before tax and tip?

A) $184 B)$200
C) $204 D)$216
E) $232 Kudos for a correct solution. Source: Chili Hot GMAT [Reveal] Spoiler: OA _________________ Kudos [?]: 139526 [1], given: 12794 Manager Joined: 12 Sep 2014 Posts: 167 Kudos [?]: 88 [1], given: 103 Concentration: Strategy, Leadership GMAT 1: 740 Q49 V41 GPA: 3.94 Re: A couple spent$264 in total while dining out and paid this amount usi [#permalink]

Show Tags

02 Dec 2014, 09:22
1
KUDOS
2
This post was
BOOKMARKED
The problem states that $264 includes the total price of food + tax, which an additional 20% tip. This means the$264 bill is 120% of the price of food + tax. So, the $264 = 1.2 (price of food + tax), the price of food + tax =$220.

This cost now includes the price of the food plus a 10% sales tax. So, the $220 is 110% of the price of the food. So, the price of only the food is$200.

Choice B--definitely had to read the wording a few times and I still feel confused

Kudos [?]: 88 [1], given: 103

SVP
Status: The Best Or Nothing
Joined: 27 Dec 2012
Posts: 1844

Kudos [?]: 2861 [1], given: 193

Location: India
Concentration: General Management, Technology
WE: Information Technology (Computer Software)
Re: A couple spent $264 in total while dining out and paid this amount usi [#permalink] Show Tags 02 Dec 2014, 19:03 1 This post received KUDOS Answer = B)$200

Bill (Meal + Tax + Tip) = 264

Bill (Meal + Tax) $$= 264 * \frac{100}{120} = 220$$

Bill only Meal $$= 220 * \frac{100}{110} = 200$$
_________________

Kindly press "+1 Kudos" to appreciate

Kudos [?]: 2861 [1], given: 193

Manager
Joined: 13 Sep 2014
Posts: 94

Kudos [?]: 37 [0], given: 51

WE: Engineering (Consulting)

Show Tags

02 Dec 2014, 20:48
1
KUDOS
1
This post was
BOOKMARKED
Let x be the actual price of the meal before tax and tip
264 = 120% of ( x + 10% tax)
= 120% of (1.1x)
= 1.2(1.1x)
= 1.32x

x = 264/1.32 = 26400/132 = 200

JJo
_________________

Our greatest weakness lies in giving up. The most certain way to succeed is always to try just one more time. - Thomas A. Edison

Kudos [?]: 22 [1], given: 15

Director
Joined: 24 Nov 2015
Posts: 584

Kudos [?]: 44 [0], given: 231

Location: United States (LA)
Re: A couple spent $264 in total while dining out and paid this amount usi [#permalink] Show Tags 15 Jun 2016, 12:40 consider price of the meal as x dollars after a 10% sales tax addition price becomes 1.1*x finally after a 20% tip on this amount it becomes 1.2*1.1*x = 1.32x but this amount is given as$264
1.32x = 264
x = 200

Kudos [?]: 44 [0], given: 231

Senior Manager
Status: DONE!
Joined: 05 Sep 2016
Posts: 407

Kudos [?]: 28 [0], given: 283

Show Tags

23 Oct 2016, 01:10
Bunuel wrote:
A couple spent $264 in total while dining out and paid this amount using a credit card. The$264 figure included a 20 percent tip which was paid on top of the price of the food which already included a sales tax of 10 percent. What was the actual price of the meal before tax and tip?

A) $184 B)$200
C) $204 D)$216
E) $232 Food Bill = 100 (Say) Sales Tax = 10 Food Bill + Tax = 110 Tip = 22 Food Bill + Tax + Tip = 132 So, When (Food Bill + Tax + Tip) is 132 , food bill is 100 Or, When (Food Bill + Tax + Tip) is 264 , food bill is $$\frac{100}{132}*264$$ = 200 Hence answer will be (B) _________________ Thanks and Regards Abhishek.... PLEASE FOLLOW THE RULES FOR POSTING IN QA AND VA FORUM AND USE SEARCH FUNCTION BEFORE POSTING NEW QUESTIONS How to use Search Function in GMAT Club | Rules for Posting in QA forum | Writing Mathematical Formulas |Rules for Posting in VA forum | Request Expert's Reply ( VA Forum Only ) Kudos [?]: 1177 [0], given: 327 Non-Human User Joined: 09 Sep 2013 Posts: 14229 Kudos [?]: 291 [0], given: 0 Re: A couple spent$264 in total while dining out and paid this amount usi [#permalink]

Show Tags

25 Dec 2017, 18:56
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).

Want to see all other topics I dig out? Follow me (click follow button on profile). You will receive a summary of all topics I bump in your profile area as well as via email.
_________________

Kudos [?]: 291 [0], given: 0