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# If a 10 percent deposit that has been paid toward the purcha

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Senior Manager
Joined: 13 Mar 2007
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If a 10 percent deposit that has been paid toward the purcha [#permalink]

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24 Jul 2007, 01:09
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Question Stats:

70% (00:36) correct 30% (00:30) wrong based on 174 sessions

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If a 10 percent deposit that has been paid toward the purchase of a certain product is \$110, how much more remains to be paid?

(A) \$880
(B) \$990
(C) \$1,000
(D) \$1,100
(E) \$1,210
[Reveal] Spoiler: OA

Last edited by Bunuel on 21 Jan 2013, 02:11, edited 1 time in total.
Edited the question and answer choices.

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Senior Manager
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24 Jul 2007, 03:09
sm176811 wrote:
If a 10 percent deposit that has been paid toward the purchase of a certain product is \$110, how much more remains to he paid?
(A) \$880
(B) \$900
(C) \$1,000
(D) \$1,100
(E) \$1,210

Are u sure 990 is not an answer?

May be there is a misprint in B

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Manager
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24 Jul 2007, 04:25
Yeah the answer is 990. I am pretty sure I have seen this problem and 990 was a choice...

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24 Jul 2007, 06:18
briks123 wrote:
Yeah the answer is 990. I am pretty sure I have seen this problem and 990 was a choice...

My bad, the answer should be 990. We're asked to calculate the balance, so 1100 -110 = 990

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Re: If a 10 percent deposit that has been paid toward the [#permalink]

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21 Jan 2013, 01:40

10/100P = 110 >> p= 110*100/10 = 1100

1100 - 110 = 990
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Re: If a 10 percent deposit that has been paid toward the purcha [#permalink]

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21 Jan 2013, 02:14
If a 10 percent deposit that has been paid toward the purchase of a certain product is \$110, how much more remains to be paid?

(A) \$880
(B) \$990
(C) \$1,000
(D) \$1,100
(E) \$1,210

Since 10% of the price is \$110, then the total price is \$1,100.

\$110 is paid, thus \$1,100 - \$110 = \$990 remains to be paid.

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Re: If a 10 percent deposit that has been paid toward the purcha [#permalink]

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26 Nov 2015, 04:32
Hello from the GMAT Club BumpBot!

Thanks to another GMAT Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).

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Re: If a 10 percent deposit that has been paid toward the purcha [#permalink]

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29 Nov 2015, 10:31
Hi All,

While this is an older question, and a relatively easy one, it showcases subjects that you WILL have to deal with on Test Day: percents and basic arithmetic. While you can certainly solve this using formal Algebra, sometimes the easiest way to get to the correct answer is to just jot down some notes and do whatever calculations are required.

We're told that a 10% deposit equals \$110...so you could write down...

10% of X = 110

Since 10% is an 'easy' percent to deal with, you can immediately calculate the TOTAL price...

X = \$1100

Now you have everything that you need to answer the question that was ASKED: How much REMAINS to be paid?

1100 - 110 = 990

[Reveal] Spoiler:
B

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Re: If a 10 percent deposit that has been paid toward the purcha   [#permalink] 29 Nov 2015, 10:31
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