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

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SVP
Status: Preparing for the GMAT
Joined: 02 Nov 2016
Posts: 1544
Location: Pakistan
GPA: 3.39
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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97% (00:28) correct 3% (01:25) wrong based on 39 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.

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Joined: 25 Feb 2013
Posts: 1142
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

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