Events & Promotions
|
|
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
Track
Your Progress
Practice
Pays
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Nov 1912:30 PM EST
-01:30 PM EST
Learn how Keshav, a Chartered Accountant, scored an impressive 705 on GMAT in just 30 days with GMATWhiz's expert guidance. In this video, he shares preparation tips and strategies that worked for him, including the mock, time management, and more
Nov 2001:30 PM EST
-02:30 PM IST
Learn how Kamakshi achieved a GMAT 675 with an impressive 96th %ile in Data Insights. Discover the unique methods and exam strategies that helped her excel in DI along with other sections for a balanced and high score.
Nov 2211:00 AM IST
-01:00 PM IST
Do RC/MSR passages scare you? e-GMAT is conducting a masterclass to help you learn – Learn effective reading strategies Tackle difficult RC & MSR with confidence Excel in timed test environment- Nov 23
11:00 AM IST
-01:00 PM IST
Attend this free GMAT Algebra Webinar and learn how to master the most challenging Inequalities and Absolute Value problems with ease. 
Nov 2407:00 PM PST
-08:00 PM PST
Full-length FE mock with insightful analytics, weakness diagnosis, and video explanations!
Nov 2510:00 AM EST
-11:00 AM EST
Prefer video-based learning? The Target Test Prep OnDemand course is a one-of-a-kind video masterclass featuring 400 hours of lecture-style teaching by Scott Woodbury-Stewart, founder of Target Test Prep and one of the most accomplished GMAT instructors.
07 Nov 2017, 23:45
Kudos
Bookmarks
E
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
85%
(hard)
Question Stats:
56% (02:29) correct
44%
(02:02)
wrong
based on 824
sessions
History
Date
Time
Result
Not Attempted Yet
A store purchased a Brand C computer for the same amount that it paid for a Brand D computer and then sold them both at higher prices. The store's gross profit on the Brand C computer was what percent greater than its gross profit on the Brand D computer?
(1) The price at which the store sold the Brand C computer was 15 percent greater than the price at which the store sold the Brand D computer.
(2) The store's gross profit on the Brand D computer was $300.
2024-01-24_15-19-04.png [ 65.21 KiB | Viewed 8891 times ]
(1) The price at which the store sold the Brand C computer was 15 percent greater than the price at which the store sold the Brand D computer.
(2) The store's gross profit on the Brand D computer was $300.
Attachment:
2024-01-24_15-19-04.png [ 65.21 KiB | Viewed 8891 times ]
08 Nov 2017, 00:05
Kudos
Bookmarks
Cost price of Brand C and Brand D = c
1. If Selling Price of D = x , SP of C = 1.15x
Profit of C = 1.15x - c
Profit of D = x - c
Insufficient.
Alternatively, you can put numbers. If D was sold for $100, and C was sold for $115, the profit ratio would change if cost was $10 vs if cost was $50.
2. We don't know anything about C.
Insufficient.
Both.
c-x = 300
c = 300-x
Profit on C = 0.15x - 300
Profit on D = 300
Still can't solve it.
Alternatively, you can understand this as:
D: sold for $4000, and C sold for $4600 on a cost price of $3700 vs
D: sold for $400, and C sold for $460 on a cost price of $100.
Both would have very different profit ratio.
E.
1. If Selling Price of D = x , SP of C = 1.15x
Profit of C = 1.15x - c
Profit of D = x - c
Insufficient.
Alternatively, you can put numbers. If D was sold for $100, and C was sold for $115, the profit ratio would change if cost was $10 vs if cost was $50.
2. We don't know anything about C.
Insufficient.
Both.
c-x = 300
c = 300-x
Profit on C = 0.15x - 300
Profit on D = 300
Still can't solve it.
Alternatively, you can understand this as:
D: sold for $4000, and C sold for $4600 on a cost price of $3700 vs
D: sold for $400, and C sold for $460 on a cost price of $100.
Both would have very different profit ratio.
E.
Luckisnoexcuse
Current Student
Joined: 18 Aug 2016
Last visit: 16 Apr 2022
Posts: 519
Own Kudos:
Given Kudos: 198
Concentration: Strategy, Technology
Schools: Kenan-Flagler '20 (M)
GMAT 1: 630 Q47 V29
GMAT 2: 740 Q51 V38
Products:
08 Nov 2017, 00:26
Kudos
Bookmarks
Bunuel
(1) let the CP of Brand C and Brand D be 90 ; SP of Brand D = 100 ; SP of Brand C = 115
25-10/10 = 150%
let the CP of Brand C and Brand D be 190 ; SP of Brand D = 200 ; SP of Brand C = 230
40-10/10 = 300%
not sufficient
(2) No info abt Brand C SP..not sufficient
on combining
let the CP of Brand C and Brand D be x; Profit from Brand D = 300 ; SP of Brand D = x+300
SP of brand C = 1.15(x+300); Profit from Brand C = 345+0.15x
No info abt CP of Brand C/D
not sufficient
E
