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If a jewelry store wants to sell a necklace for $179.95 next week at a

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If a jewelry store wants to sell a necklace for $179.95 next week at a  [#permalink]

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New post 16 Feb 2016, 01:09
00:00
A
B
C
D
E

Difficulty:

  35% (medium)

Question Stats:

68% (01:17) correct 32% (01:23) wrong based on 69 sessions

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If a jewelry store wants to sell a necklace for $179.95 next week at a 60% off sale, how much is the price of the necklace this week?

A. $71.98
B. $251.93
C. $287.92
D. $399.92
E. $449.88

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Re: If a jewelry store wants to sell a necklace for $179.95 next week at a  [#permalink]

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New post 16 Feb 2016, 01:53
Let the price of necklace this week = p
Discount for next week = 60%

(1- 60/100)p = 179.95
=>(40/100) p = 179.95
179.95 can be approximately same as 180
=> p = 450

Answer E
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Re: If a jewelry store wants to sell a necklace for $179.95 next week at a  [#permalink]

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New post 16 Feb 2016, 20:06
The ans will be E.
If S.P=179.95
and this is after discount then
C.P-discount=S.P
Let C.P=x
Discount=.6x
x-.6x=179.95
.4x=179.95
x=449.8
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Re: If a jewelry store wants to sell a necklace for $179.95 next week at a  [#permalink]

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New post 22 Sep 2018, 05:14
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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 jewelry store wants to sell a necklace for $179.95 next week at a &nbs [#permalink] 22 Sep 2018, 05:14
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