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A gold band was purchased on sale for $280

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Joined: 22 Jun 2014
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A gold band was purchased on sale for $280  [#permalink]

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New post 10 Mar 2017, 23:03
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A
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  5% (low)

Question Stats:

85% (00:51) correct 15% (01:00) wrong based on 57 sessions

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A gold band was purchased on sale for $280. If it was marked down 30%, what was the original price?

A) $348

B) $364

C) $392

D) $400

E) $420

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A gold band was purchased on sale for $280  [#permalink]

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New post 10 Mar 2017, 23:07
HKD1710 wrote:
A gold band was purchased on sale for $280. If it was marked down 30%, what was the original price?

A) $348

B) $364

C) $392

D) $400

E) $420


Since it was marked down 30%, we have

0.7*original price = 280
original price = 280/0.7 = $400

Hence option D is correct
Hit Kudos if you liked it 8-)
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Re: A gold band was purchased on sale for $280  [#permalink]

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New post 11 Mar 2017, 07:34
HKD1710 wrote:
A gold band was purchased on sale for $280. If it was marked down 30%, what was the original price?

A) $348

B) $364

C) $392

D) $400

E) $420


\(\frac{280}{70}*100\)

\(= 400\)

Thus, answer must be (D) $ 400
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Re: A gold band was purchased on sale for $280  [#permalink]

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New post 24 Jun 2018, 03:12
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).

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Re: A gold band was purchased on sale for $280 &nbs [#permalink] 24 Jun 2018, 03:12
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