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A table was purchased for $100 by the owner of Bella Home Furnishings.

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Joined: 02 Nov 2016
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Location: Pakistan
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A table was purchased for $100 by the owner of Bella Home Furnishings. [#permalink]

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New post 08 Apr 2017, 11:45
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A
B
C
D
E

Difficulty:

  25% (medium)

Question Stats:

72% (00:28) correct 28% (00:30) wrong based on 36 sessions

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Source: McGraw Hill GMAT

A table was purchased for $100 by the owner of Bella Home Furnishings. What is the selling price of the table?

1. Bella Home Furnishings marks up merchandise by 40%.
2. Bella Home Furnishings has a 25% discount sale every Tuesday.
[Reveal] Spoiler: OA

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Re: A table was purchased for $100 by the owner of Bella Home Furnishings. [#permalink]

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New post 08 Apr 2017, 14:52
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A table was purchased for $100 by the owner of Bella Home Furnishings. What is the selling price of the table?

1. Bella Home Furnishings marks up merchandise by 40%.
2. Bella Home Furnishings has a 25% discount sale every Tuesday.

THe price of the table = cost price+profit=selling price.

profit=40% of original price.
let cost price be x then selling price = x+40x/100 ==100
A clearly gives the cost price.

B does not give the cost price becuae we don't know if the table was purchased on Tuesday.

Final answer=A
Re: A table was purchased for $100 by the owner of Bella Home Furnishings.   [#permalink] 08 Apr 2017, 14:52
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A table was purchased for $100 by the owner of Bella Home Furnishings.

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