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19 Nov 2019, 01:20
Kudos
Bookmarks
D
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
35%
(medium)
Question Stats:
69% (01:44) correct
31%
(01:58)
wrong
based on 197
sessions
History
Date
Time
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Not Attempted Yet
During a road trip, a business traveler purchased $80.64 worth of regular unleaded gasoline, including 12 percent state and federal taxes, for his Sport Utility Vehicle. If the tourist can claim all purchases, excluding taxes, on his trip as business expenses, what is the price per gallon at which he will be reimbursed by his employer?
(1) The business traveler purchased 24 gallons of gasoline during his road trip.
(2) The business traveler paid $0.36 per gallon in state and federal taxes on the gas purchased for the road trip.
Are You Up For the Challenge: 700 Level Questions
(1) The business traveler purchased 24 gallons of gasoline during his road trip.
(2) The business traveler paid $0.36 per gallon in state and federal taxes on the gas purchased for the road trip.
Are You Up For the Challenge: 700 Level Questions
19 Nov 2019, 01:54
Kudos
Bookmarks
Bunuel
Answer Explanation:
As in given data, 80.64 total paid including Tax 12%
So, Cost of fuel without tax: 80.64 - 8.64= 72
1. In Given Statement 1, total gallons is 24. So per gallon price= 72/24= 3 Dollars (without Tax), Tax is 12%, So total cost is = 3* 1.12= 3.36
So Sufficient.
2. So, in this statement, it has given 0.36$ per gallon. As in given data, we know 8.64 $ is total Tax paid.
8.64/0.36 = 24 Gallons.
Cost Per Price gallon,= 72/24 =3
Inlcuded tax= 3 +0.36 = 3.36
So Sufficient.
Answer is D
Please Give kudos, if you find my explanation good enough 
19 Nov 2019, 04:04
Kudos
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Total expenses are $80.64. (12% taxes including)
80.64 —112%
x — 100%
—> x= 80.64*100/112 = 72
$72 is just for gas
—> what is the price per gallon of gas?
(Statement1): traveler purchased 24 gallons of gas:
—> 72/24= 3
The price of per gallon of gas —$3
Sufficient
(Statement2):
$ 0.36 —12%
x —100
—> x= 0.36*100/12= 3
The traveler spent $3 for per gallon of gas.
Sufficient
The answer is D
Posted from my mobile device
80.64 —112%
x — 100%
—> x= 80.64*100/112 = 72
$72 is just for gas
—> what is the price per gallon of gas?
(Statement1): traveler purchased 24 gallons of gas:
—> 72/24= 3
The price of per gallon of gas —$3
Sufficient
(Statement2):
$ 0.36 —12%
x —100
—> x= 0.36*100/12= 3
The traveler spent $3 for per gallon of gas.
Sufficient
The answer is D
Posted from my mobile device
