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

It is currently 25 Sep 2018, 12:27

Close

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
Your Progress

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

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Close

Request Expert Reply

Confirm Cancel

A shirt that costs k dollars is increased by 30%, then by an additiona

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
TAGS:

Hide Tags

Math Expert
User avatar
V
Joined: 02 Sep 2009
Posts: 49496
A shirt that costs k dollars is increased by 30%, then by an additiona  [#permalink]

Show Tags

New post 19 Aug 2018, 09:42
00:00
A
B
C
D
E

Difficulty:

  15% (low)

Question Stats:

85% (00:40) correct 15% (01:04) wrong based on 27 sessions

HideShow timer Statistics

A shirt that costs k dollars is increased by 30%, then by an additional 50%. What is the new price of the shirt in dollars, in terms of k?

(A) 0.2k
(B) 0.35k
(C) 1.15k
(D) 1.8k
(E) 1.95k

_________________

New to the Math Forum?
Please read this: Ultimate GMAT Quantitative Megathread | All You Need for Quant | PLEASE READ AND FOLLOW: 12 Rules for Posting!!!

Resources:
GMAT Math Book | Triangles | Polygons | Coordinate Geometry | Factorials | Circles | Number Theory | Remainders; 8. Overlapping Sets | PDF of Math Book; 10. Remainders | GMAT Prep Software Analysis | SEVEN SAMURAI OF 2012 (BEST DISCUSSIONS) | Tricky questions from previous years.

Collection of Questions:
PS: 1. Tough and Tricky questions; 2. Hard questions; 3. Hard questions part 2; 4. Standard deviation; 5. Tough Problem Solving Questions With Solutions; 6. Probability and Combinations Questions With Solutions; 7 Tough and tricky exponents and roots questions; 8 12 Easy Pieces (or not?); 9 Bakers' Dozen; 10 Algebra set. ,11 Mixed Questions, 12 Fresh Meat

DS: 1. DS tough questions; 2. DS tough questions part 2; 3. DS tough questions part 3; 4. DS Standard deviation; 5. Inequalities; 6. 700+ GMAT Data Sufficiency Questions With Explanations; 7 Tough and tricky exponents and roots questions; 8 The Discreet Charm of the DS; 9 Devil's Dozen!!!; 10 Number Properties set., 11 New DS set.


What are GMAT Club Tests?
Extra-hard Quant Tests with Brilliant Analytics

Director
Director
User avatar
P
Status: Learning stage
Joined: 01 Oct 2017
Posts: 860
WE: Supply Chain Management (Energy and Utilities)
Premium Member CAT Tests
Re: A shirt that costs k dollars is increased by 30%, then by an additiona  [#permalink]

Show Tags

New post 19 Aug 2018, 11:50
Bunuel wrote:
A shirt that costs k dollars is increased by 30%, then by an additional 50%. What is the new price of the shirt in dollars, in terms of k?

(A) 0.2k
(B) 0.35k
(C) 1.15k
(D) 1.8k
(E) 1.95k


Original cost=$k
Price of the shirt is increased by 30%. So, new price of the shirt=\(k(1+\frac{30}{100})=1.3k\)

Again, Price of the shirt is increased by an additional 50%, So, new price of the shirt=\(1.3k(1+\frac{50}{100})=1.3k*1.5=1.95k\)

Ans. (E)
_________________

Regards,

PKN

Rise above the storm, you will find the sunshine

Intern
Intern
avatar
B
Joined: 17 Aug 2018
Posts: 15
Re: A shirt that costs k dollars is increased by 30%, then by an additiona  [#permalink]

Show Tags

New post 19 Aug 2018, 15:55
=k*(1.30)(1.5) = 1.95k

Posted from my mobile device
Board of Directors
User avatar
P
Status: QA & VA Forum Moderator
Joined: 11 Jun 2011
Posts: 4033
Location: India
GPA: 3.5
WE: Business Development (Commercial Banking)
GMAT ToolKit User Premium Member
Re: A shirt that costs k dollars is increased by 30%, then by an additiona  [#permalink]

Show Tags

New post 20 Aug 2018, 07:16
Bunuel wrote:
A shirt that costs k dollars is increased by 30%, then by an additional 50%. What is the new price of the shirt in dollars, in terms of k?

(A) 0.2k
(B) 0.35k
(C) 1.15k
(D) 1.8k
(E) 1.95k


\(30 + 50 + \frac{30*50}{100}\)

\(= 80 + 15\)

So, There is a net Increase in value by 95%, thus the new price of the shirt in dollar terms is 1.95k, Answer must be (E)
_________________

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 )

Manager
Manager
User avatar
S
Joined: 20 Jul 2018
Posts: 91
GPA: 2.87
Re: A shirt that costs k dollars is increased by 30%, then by an additiona  [#permalink]

Show Tags

New post 20 Aug 2018, 08:59
increased by 30%=1.3k
increased by further 50%=1.5*1.3k=1.95k
_________________

Hasnain Afzal

"When you wanna succeed as bad as you wanna breathe, then you will be successful." -Eric Thomas

GMAT Club Bot
Re: A shirt that costs k dollars is increased by 30%, then by an additiona &nbs [#permalink] 20 Aug 2018, 08:59
Display posts from previous: Sort by

A shirt that costs k dollars is increased by 30%, then by an additiona

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  

Events & Promotions

PREV
NEXT


Copyright

GMAT Club MBA Forum Home| About| Terms and Conditions and Privacy Policy| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.