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

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New post 03 Sep 2017, 23:51
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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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An item is discounted by 15% from its usual selling price. What is the [#permalink]

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New post 23 Sep 2017, 00:53
SajjadAhmad wrote:
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

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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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