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Difficulty:
5%
(low)
Question Stats:
89% (00:40) correct
11%
(00:55)
wrong
based on 90
sessions
History
Date
Time
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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
_________________
(A) $348
(B) $364
(C) $392
(D) $400
(E) $420
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Bunuel
.
MP=CP*multiplying factor of marked down
MP= CP*(7/10) (Multiplying factor is (7/10) because the price has been marked down by 30% i.e (100-30)/100= 7/10 )
280=CP*(7/10)
CP=$400
IMO D is the answer
Kinshook
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Products:
Bunuel
Let Original price be P
70% of p = $280
p=$400
IMO D
X*0.7= 280
X= 400
Answer D
Posted from my mobile device
X= 400
Answer D
Posted from my mobile device
Archit3110
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Bunuel
original price *.7= 280
origianl price = 400
IMO D
abhishekdadarwal2009
Joined: 04 Sep 2015
Last visit: 07 Dec 2022
Posts: 524
Location: India
WE:Information Technology (Computer Software)
Products:
Posts: 524
IMO D
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
sol:
280=(70/100)x
x=(280*100)/70 =4*100=400.
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
sol:
280=(70/100)x
x=(280*100)/70 =4*100=400.
Let the original amount be Rs x
Now a discount of 30% has been given to achieve a rate of $280
Therefore the equation is
x(1-30/100)=280
Solving we get x=400
Thus option D is the answer
Posted from my mobile device
Now a discount of 30% has been given to achieve a rate of $280
Therefore the equation is
x(1-30/100)=280
Solving we get x=400
Thus option D is the answer
Posted from my mobile device
ScottTargetTestPrep
Expert
Target Test Prep Representative
Joined: 14 Oct 2015
Last visit: 09 Sep 2026
Posts: 22,736
Status:Founder & CEO
Affiliations: Target Test Prep
Location: United States (CA)
Expert reply
Posts: 22,736
Bunuel
Since the band was marked down by 30%, its sale price of $280 is 70% of its original price n. We can create the equation:
0.7n = 280
n = 400
Answer: D
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TheNightKing
Joined: 18 Dec 2017
Last visit: 20 Mar 2024
Posts: 1,119
Location: United States (KS)
GMAT 1: 600 Q46 V27
GMAT 1: 600 Q46 V27
Posts: 1,119
Bunuel
0.7*400=280.
Hence D
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