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

 It is currently 19 Oct 2019, 01:12

### 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 garden supplies retailer makes a 20% commission

Author Message
TAGS:

### Hide Tags

Current Student
Status: Chasing my MBB Dream!
Joined: 29 Aug 2012
Posts: 1100
Location: United States (DC)
WE: General Management (Aerospace and Defense)
A garden supplies retailer makes a 20% commission  [#permalink]

### Show Tags

10 Jul 2014, 05:16
1
00:00

Difficulty:

5% (low)

Question Stats:

89% (01:17) correct 11% (01:34) wrong based on 74 sessions

### HideShow timer Statistics

A garden supplies retailer makes a 20% commission on the selling price for each bag of mulch it sells. If it sells 400 identically priced bags of mulch and makes $3,200 in commission, what was the selling price of each bag? A.$40.00
B. $44.00 C.$96.00
D. $160.00 E.$640.00

_________________
Intern
Joined: 24 Apr 2013
Posts: 15
Location: Russian Federation
A garden supplies retailer makes a 20% commission  [#permalink]

### Show Tags

10 Jul 2014, 05:25
1
Commission per one bag: 3200/400=8

8 = 20% of the selling price

8=0.2x
x=40

SVP
Status: The Best Or Nothing
Joined: 27 Dec 2012
Posts: 1749
Location: India
Concentration: General Management, Technology
WE: Information Technology (Computer Software)
Re: A garden supplies retailer makes a 20% commission  [#permalink]

### Show Tags

11 Jul 2014, 00:33
Commission per bag $$= \frac{3200}{400}= 8$$

Selling Price $$= \frac{8}{20} * 100 = 40$$

_________________
Kindly press "+1 Kudos" to appreciate
Manager
Joined: 21 Oct 2013
Posts: 178
Location: Germany
GMAT 1: 660 Q45 V36
GPA: 3.51
Re: A garden supplies retailer makes a 20% commission  [#permalink]

### Show Tags

18 Aug 2014, 03:51
0.2 * 400 * x = 3,200 --> 0.2x = 3,200/400 --> 0.2x = 8 --> x = 8 / 0.2 --> x = 40.

Director
Joined: 08 Jun 2013
Posts: 543
Location: France
GMAT 1: 200 Q1 V1
GPA: 3.82
WE: Consulting (Other)
Re: A garden supplies retailer makes a 20% commission  [#permalink]

### Show Tags

31 Oct 2018, 09:38
First find the commission earned per bag. If the retailer makes $3,200 from 400 bags, then it makes$3,200 400 = $8 from one bag. Now, we know that this commission is 20% of the cost of one bag, so let's set up an algebraic equation and solve for the cost.$8 = 0.20x, so x = $40, and the selling price of each bag is therefore$40. Choice (A) is correct.

Posted from my mobile device
_________________
Everything will fall into place…

There is perfect timing for
everything and everyone.
Never doubt, But Work on
improving yourself,
Keep the faith and
It will all make sense.
Re: A garden supplies retailer makes a 20% commission   [#permalink] 31 Oct 2018, 09:38
Display posts from previous: Sort by