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A toy store regularly sells all stock at a discount of 20 [#permalink]

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25 Oct 2010, 05:40

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23% (01:55) wrong based on 266 sessions

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A toy store regularly sells all stock at a discount of 20 percent to 40 percent. If an additional 25 percent were deducted from the discount price during a special sale, what would be the lowest possible price of a toy costing $16 before any discount?

I understand the answer explanation. But "before any discount" at the end of the question is confusing to me. Shouldn't it be "after discount(s)". I usually don't stumble upon these tricky wordings. But, this one got me. Please explain.
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A toy store regularly sells all stock at a discount of 20 percent to 40 percent. If an additional 25 percent were deducted from the discount price during a special sale, what would be the lowest possible price of a toy " Which is " costing $16 before any discount?

Easy enough, if you have a calculator. Any suggestions on solving (16 * 0.6 * 0.75) without simply estimating?

Even if you figure the first part: 1.6 * 6 = 9.2, how can you accurately find 0.75 of 9.2? I always feel like I'm missing something on these questions, the OG answers simply state the answers as if a calculator were allowed.

A toy store regularly sells all stock at a discount of 20 percent to 40 percent. If an additional 25 percent were deducted from the discount price during a special sale, what would be the lowest possible price of a toy costing $16 before any discount?

A. $5.60 B. $7.20 C. $8.80 D. $9.60 E. $15.20

lowest price = max discount = 25% on top of 40% lowest price = 16 * (60/100) * (75/100) = 16 * (3/5) * (3/4) = 4 * 9 / 5 = 36 /5 = 7.20

Simple solution yet very confusing question [#permalink]

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17 Nov 2012, 20:42

A toy store regularly sells all stock at a discount of 20% - 40%. If an additional 25% were deducted from the discount price during a special sale, what would be the lowest possible price of a toy costing $16 before any discount?

I find this question extremely confusing, why would it say before any discount whereas what it really means is after all the discount?

The math itself in this question is very simple

16*(0.6)(0.75) = 7.20

Please advice, since i dont want to make silly mistake just because I dont know what the question is asking

Re: Simple solution yet very confusing question [#permalink]

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17 Nov 2012, 21:54

chibimoon wrote:

A toy store regularly sells all stock at a discount of 20% - 40%. If an additional 25% were deducted from the discount price during a special sale, what would be the lowest possible price of a toy costing $16 before any discount?

I find this question extremely confusing, why would it say before any discount whereas what it really means is after all the discount?

The math itself in this question is very simple

16*(0.6)(0.75) = 7.20

Please advice, since i dont want to make silly mistake just because I dont know what the question is asking

Thank you

I agree. The question is worded a bit poorly. But I think from the context it is quite clear that the 16$ is the price before the discount. You don not have to worry about such issues as the GMAT never frames unclear questions. What they are asking for is clearly conveyed.

Kudos Please... If my post helped.
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A toy store regularly sells all stock at a discount of 20% - 40%. If an additional 25% were deducted from the discount price during a special sale, what would be the lowest possible price of a toy costing $16 before any discount?

I find this question extremely confusing, why would it say before any discount whereas what it really means is after all the discount?

The math itself in this question is very simple

16*(0.6)(0.75) = 7.20

Please advice, since i dont want to make silly mistake just because I dont know what the question is asking

Re: A toy store regularly sells all stock at a discount of 20 [#permalink]

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19 Feb 2013, 02:35

Let the price be 100. So its sold between 60 to 80 (during usual discounts given) 60 would be the selling price after getting max discount of 40%. Also additional 25% discount is given. So 25% of 60 = 15. So, 100 would be sold at the max discount for 45. So calculating for 16 would be 7.2
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Re: A toy store regularly sells all stock at a discount of 20 [#permalink]

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20 Jun 2016, 06:00

Hello from the GMAT Club BumpBot!

Thanks to another GMAT Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).

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Re: A toy store regularly sells all stock at a discount of 20 [#permalink]

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18 Jul 2017, 13:02

Hello from the GMAT Club BumpBot!

Thanks to another GMAT Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).

Want to see all other topics I dig out? Follow me (click follow button on profile). You will receive a summary of all topics I bump in your profile area as well as via email.
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Re: A toy store regularly sells all stock at a discount of 20 [#permalink]

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24 Aug 2017, 17:57

Maximum discount can be 40%. Price becomes 100-40= 60. So after discount price is now (60/100)*16=9.6 Again after 25% discount, price becomes 100-25= 75 so final price is (75/100)*9.6=7.2

Re: A toy store regularly sells all stock at a discount of 20 [#permalink]

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24 Aug 2017, 17:59

Work hard and never stop. Good time will come after bad time. Maximum discount can be 40%. Price becomes 100-40= 60. So after discount price is now (60/100)*16=9.6 Again after 25% discount, price becomes 100-25= 75 so final price is (75/100)*9.6=7.2[/quote]

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