Events & Promotions
|
|
GMAT Club Daily Prep
Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.
Customized
for You
Track
Your Progress
Practice
Pays
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Mar 2511:00 AM PDT
-12:00 PM PDT
Dreaming about studying abroad but worried about finances? In this video, we provide overview of HDFC Credila's education loan offerings and insights into securing an education loan effortlessly.
Mar 1910:00 AM EDT
-11:59 PM EDT
Get a massive $250 off the TTP OnDemand GMAT course by using the coupon code FLASH25 at checkout. If you prefer learning through engaging video lessons, TTP OnDemand GMAT is exactly what you need.- Mar 24
08:30 AM PDT
-09:30 AM PDT
Join 99th percentile Manhattan Prep Instructor, Ryan Starr, for the third session in our three-part series on how to maximize your study effectiveness. The new GMAT tests comprehension, analysis, and logic, and more. - Mar 26
10:00 AM PDT
-11:00 AM PDT
Confused about how to get the most from your GMAT mock tests? In this video, learn the perfect strategy to analyze GMAT mocks effectively and boost your score. We break down the common mistakes GMAT aspirants make when using mock tests 
Mar 2610:00 AM EDT
-11:59 PM EDT
The Target Test Prep GMAT Flash Sale is LIVE! Get 25% off our game-changing course and save up to $400 today! Use code FLASH25 at checkout. This limited-time deal won’t last long, so grab your discount now!- Mar 27
09:30 AM PDT
-10:30 AM PDT
Preparing for the GMAT? Avoid these 5 major mistakes that can lower your score and hurt your MBA dreams. In this expert panel discussion, 4 top GMAT coaches - GMAT Ninja, Jeff Miller from TTP, Rida Shafiq from eGMAT, and Chris Gentry from Manhattan Prep - Mar 27
10:00 AM PDT
-11:00 AM PDT
What happens after getting an MBA? Is it worth the investment? To find out, I interviewed 10 GMAT Club professionals who have completed their MBAs and built careers in consulting, finance, tech, and entrepreneurship. Their answers might surprise you! 
Mar 2911:30 AM EDT
-12:30 PM EDT
Learn how Keshav, a Chartered Accountant, scored an impressive 705 on GMAT in just 30 days with GMATWhiz's expert guidance. In this video, he shares preparation tips and strategies that worked for him, including the mock, time management, and more.
Mar 3011:00 AM IST
-01:00 PM IST
Attend this session to evaluate your current skill level, learn process skills, and solve through tough Arithmetic questions.
C
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
25%
(medium)
Question Stats:
78% (01:37) correct
22%
(01:42)
wrong
based on 1296
sessions
History
Date
Time
Result
Not Attempted Yet
Henry purchased three items during a sale. He received a 20% discount on the regular price of the most expensive of the 3 items and a 10 percent discount on the regular price of each of the other two items. What was the total amount of the 3 discounts?
(1) the average (arithmetic mean) of the regular prices of the 3 items was $30.
(2) the regular price of the most expensive of the 3 items was $50
(1) the average (arithmetic mean) of the regular prices of the 3 items was $30.
(2) the regular price of the most expensive of the 3 items was $50
08 Mar 2015, 17:18
Kudos
Bookmarks
Hi annaleroy,
There are a couple of different ways to approach this question. Regardless of what method you choose, you will have to stay organized, take plenty of notes and do enough work to prove your answer. There's a great opportunity in this question to TEST VALUES and do a little arithmetic.
Here, we know that there are 3 items purchased. We know that the MOST EXPENSIVE ITEM got a 20% discount and the other 2 items got a 10% discount. We're asked for the TOTAL amount of the discounts.
Fact 1: The AVERAGE of the prices of the 3 items was $30.
If the 3 items cost: $40, $30 and $20, then the TOTAL discount = $8 + $3 + $2 = $13
If the 3 items cost: $50, $30 and $10, then the TOTAL discount = $10 + $3 + $1 = $14
Fact 1 is INSUFFICIENT
Fact 2: The most expensive item was $50
This tells us that the discount for that 1 item was (.2)($50) = $10, but we don't know the cost of the other 2 items, so we don't know what the discounts will be.
Fact 2 is INSUFFICIENT
Combining Facts though, we know…
1) The average of the 3 items is $30, so the SUM of the 3 items = $90
2) The most expensive item is $50, so the OTHER 2 items sum up to $40
So, we know that that $50 item gets the 20% discount and the other two items (that add up to $40) each get 10%. The discount will be $50(20%) + $40(10%) = $10 + $4 = $14.
Combined, SUFFICIENT
Final Answer:
GMAT assassins aren't born, they're made,
Rich
There are a couple of different ways to approach this question. Regardless of what method you choose, you will have to stay organized, take plenty of notes and do enough work to prove your answer. There's a great opportunity in this question to TEST VALUES and do a little arithmetic.
Here, we know that there are 3 items purchased. We know that the MOST EXPENSIVE ITEM got a 20% discount and the other 2 items got a 10% discount. We're asked for the TOTAL amount of the discounts.
Fact 1: The AVERAGE of the prices of the 3 items was $30.
If the 3 items cost: $40, $30 and $20, then the TOTAL discount = $8 + $3 + $2 = $13
If the 3 items cost: $50, $30 and $10, then the TOTAL discount = $10 + $3 + $1 = $14
Fact 1 is INSUFFICIENT
Fact 2: The most expensive item was $50
This tells us that the discount for that 1 item was (.2)($50) = $10, but we don't know the cost of the other 2 items, so we don't know what the discounts will be.
Fact 2 is INSUFFICIENT
Combining Facts though, we know…
1) The average of the 3 items is $30, so the SUM of the 3 items = $90
2) The most expensive item is $50, so the OTHER 2 items sum up to $40
So, we know that that $50 item gets the 20% discount and the other two items (that add up to $40) each get 10%. The discount will be $50(20%) + $40(10%) = $10 + $4 = $14.
Combined, SUFFICIENT
Final Answer:
GMAT assassins aren't born, they're made,
Rich
General Discussion
08 Mar 2015, 19:02
Kudos
Bookmarks
annaleroy
Henry purchased three items during a sale. He received a 20% discount on the regular price of the most expensive of the 3 items and a 10 percent discount on the regular price of each of the other two items. What was the total amount of the 3 discounts?
(1) the average (arithmetic mean) of the regular prices of the 3 items was $30.
(2) the regular price of the most expensive of the 3 items was $50
(1) the average (arithmetic mean) of the regular prices of the 3 items was $30.
(2) the regular price of the most expensive of the 3 items was $50
Hi annaleroy,
what the question asks us is the total amount of three discounts. we are given value of discount in %, so any statement which can help us in deducting the numerical value of three items or three discounts will be sufficient....
1) statement one tells us that the average of three number is 30.... not sufficient as the values can be anything 40,30,20...40,25,25....30,30,30.. and so on and each will have different amount of discount....
2) it gives the cost of most expensive item as 50... insufficient as we donot know anything about other two values...
combined, we have a mean 30, which gives us total amount as 90.. and one value as 50, which gives us sum of other two values as 90-50=40....
although we donot know the other two values separately, the combined value of 40 is sufficient as the % of discount is same for the two values
ans C
