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# An item is discounted by 15% from its usual selling price. What is the

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VP
Status: Preparing for the GMAT
Joined: 02 Nov 2016
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Kudos [?]: 1053 [0], given: 539

Location: Pakistan
GPA: 3.4
An item is discounted by 15% from its usual selling price. What is the [#permalink]

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03 Sep 2017, 23:51
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15% (low)

Question Stats:

96% (00:29) correct 4% (01:25) wrong based on 24 sessions

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An item is discounted by 15% from its usual selling price. What is the usual selling price?

(1) The dollar value of the discount is $45. (2) The discounted price is$255.
[Reveal] Spoiler: OA

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Kudos [?]: 1053 [0], given: 539

Senior Manager
Joined: 25 Feb 2013
Posts: 436

Kudos [?]: 198 [0], given: 31

Location: India
GPA: 3.82
An item is discounted by 15% from its usual selling price. What is the [#permalink]

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23 Sep 2017, 00:53
An item is discounted by 15% from its usual selling price. What is the usual selling price?

(1) The dollar value of the discount is $45. (2) The discounted price is$255.

Statement 1: Discount is $$15$$ , if usual selling price is $$100$$. $$45$$ discount corresponds to usual selling price of $$= \frac{100*45}{15}$$. Sufficient

Statement 2: Discounted price is $$100-15=85$$ , if usual selling price is $$100$$. $$255$$ discounted price corresponds to usual selling price of $$= \frac{100*255}{85}$$. Sufficient

Option D

Kudos [?]: 198 [0], given: 31

An item is discounted by 15% from its usual selling price. What is the   [#permalink] 23 Sep 2017, 00:53
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