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08 Feb 2022, 04:00
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B
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
5%
(low)
Question Stats:
97% (00:41) correct
3%
(00:34)
wrong
based on 66
sessions
History
Date
Time
Result
Not Attempted Yet
A store buys a shirt for $60, then marks it up by 50%, then offers customers a 20% discount off the marked up price. What price do consumers pay?
A. $36
B. $72
C. $78
D. $90
E. $108
A. $36
B. $72
C. $78
D. $90
E. $108
kungfury42
Joined: 07 Jan 2022
Last visit: 31 May 2023
Posts: 580
Own Kudos:
Given Kudos: 724
Schools: NUS '25 (A)
GMAT 1: 740 Q51 V38
GPA: 4
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08 Feb 2022, 13:28
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Cost Price = $60
Markup percent = 50%
Marked Price = $60*(1+0.5) = $60*1.5 = $90
Discount percent = 20%
Selling Price = $90*(1-0.2) = $90*0.8 = $72
Hence, option B is our answer.
Posted from my mobile device
Markup percent = 50%
Marked Price = $60*(1+0.5) = $60*1.5 = $90
Discount percent = 20%
Selling Price = $90*(1-0.2) = $90*0.8 = $72
Hence, option B is our answer.
Posted from my mobile device
