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

 It is currently 20 Oct 2018, 12:22

### 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

### Show Tags

29 Mar 2018, 00:03
00:00

Difficulty:

35% (medium)

Question Stats:

85% (01:29) correct 15% (00:58) wrong based on 24 sessions

### HideShow timer Statistics

A pair of athletic shoes that usually sells for $170 is marked down for a clearance sale. If the sales tax rate is 8 percent, how much does the customer pay for the marked-down shoes, including sales tax? (1) Including sales tax, the customer saves a total of$36.72.
(2) The sales tax on the marked-down price is $10.88. _________________ examPAL Representative Joined: 07 Dec 2017 Posts: 721 Re: A pair of athletic shoes that usually sells for$170 is marked down fo  [#permalink]

### Show Tags

29 Mar 2018, 00:28
1
Bunuel wrote:
A pair of athletic shoes that usually sells for $170 is marked down for a clearance sale. If the sales tax rate is 8 percent, how much does the customer pay for the marked-down shoes, including sales tax? (1) Including sales tax, the customer saves a total of$36.72.
(2) The sales tax on the marked-down price is $10.88. To calculate the price the customer pays, we need to know the marked-down price and the sales tax on the marked down price. We'll look for statements that give us this information, a Logical approach. (1) Since we know the original price ($170+tax) and we know the amount the customer saved, we can calculate the amount the customer spent.
Sufficient.

(2) We know the sales tax on the marked-down price and since we know that the sales tax is 8% we can also calculate the marked-down price. Then we can calculate the total amount the customer paid.
Sufficient.

_________________

Watch free GMAT tutorials in Math, Verbal, IR, and AWA.

GMAT test takers: Watch now the GMAC interview with the people who write the GMAT test!
We discussed the chances of improving a GMAT score; how important the first questions on the test are; what to do if you don’t have enough time to complete a whole section; and more.

You can watch all the action from the interview here.

Intern
Joined: 31 Mar 2018
Posts: 4
Re: A pair of athletic shoes that usually sells for $170 is marked down fo [#permalink] ### Show Tags 02 Apr 2018, 08:14 Let the marked down price be x. From statement (1), Total savings =$36.72
Initial marked price - Discounted price + Sales tax on discounted price = $36.72 $$170-x+0.08x = 36.72$$ Thus, statement (1) is sufficient in itself. From statement (2), Sales tax paid =$10.88
=> $$0.08x = 10.88$$
=> $$x = \frac{10.88}{0.08}$$

Thus, statement (2) is also sufficient in itself.

Therefore, the correct answer is D