Last visit was: 18 Nov 2025, 22:22 It is currently 18 Nov 2025, 22:22
Close
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

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Close
Request Expert Reply
Confirm Cancel
User avatar
Bunuel
User avatar
Math Expert
Joined: 02 Sep 2009
Last visit: 18 Nov 2025
Posts: 105,355
Own Kudos:
Given Kudos: 99,964
Products:
Expert
Expert reply
Active GMAT Club Expert! Tag them with @ followed by their username for a faster response.
Posts: 105,355
Kudos: 778,103
Kudos
Add Kudos
Bookmarks
Bookmark this Post
User avatar
omkartadsare
Joined: 11 Jun 2019
Last visit: 15 Nov 2021
Posts: 28
Own Kudos:
Given Kudos: 135
Location: India
Posts: 28
Kudos: 49
Kudos
Add Kudos
Bookmarks
Bookmark this Post
User avatar
LeoN88
User avatar
BSchool Moderator
Joined: 08 Dec 2013
Last visit: 19 Oct 2025
Posts: 683
Own Kudos:
Given Kudos: 227
Location: India
Concentration: Nonprofit, Sustainability
Schools: ISB '23
GMAT 1: 630 Q47 V30
WE:Operations (Non-Profit and Government)
Products:
Schools: ISB '23
GMAT 1: 630 Q47 V30
Posts: 683
Kudos: 561
Kudos
Add Kudos
Bookmarks
Bookmark this Post
User avatar
Kinshook
User avatar
Major Poster
Joined: 03 Jun 2019
Last visit: 18 Nov 2025
Posts: 5,793
Own Kudos:
Given Kudos: 161
Location: India
GMAT 1: 690 Q50 V34
WE:Engineering (Transportation)
Products:
GMAT 1: 690 Q50 V34
Posts: 5,793
Kudos: 5,509
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Bunuel
If a store owner sold a designer dress for $600, she would make a 20% profit. Instead, she sold it for a 40% loss. At what price was the dress sold?

(A) $300
(B) $315
(C) $372
(D) $400
(E) $440

Given: If a store owner sold a designer dress for $600, she would make a 20% profit. Instead, she sold it for a 40% loss.

Asked: At what price was the dress sold?

If a store owner sold a designer dress for $600, she would make a 20% profit.
Cost price = $600 / 1.2 = $500

she sold it for a 40% loss.
Selling price = $500 * (1-40%) = $300

IMO A
User avatar
Archit3110
User avatar
Major Poster
Joined: 18 Aug 2017
Last visit: 18 Nov 2025
Posts: 8,423
Own Kudos:
Given Kudos: 243
Status:You learn more from failure than from success.
Location: India
Concentration: Sustainability, Marketing
GMAT Focus 1: 545 Q79 V79 DI73
GMAT Focus 2: 645 Q83 V82 DI81
GPA: 4
WE:Marketing (Energy)
GMAT Focus 2: 645 Q83 V82 DI81
Posts: 8,423
Kudos: 4,979
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Bunuel
If a store owner sold a designer dress for $600, she would make a 20% profit. Instead, she sold it for a 40% loss. At what price was the dress sold?

(A) $300
(B) $315
(C) $372
(D) $400
(E) $440

first find CP ; 600/1.2 = 500$
now dress is sold at loss of 40% ; 400*.6 ; 300$
IMO A
User avatar
ScottTargetTestPrep
User avatar
Target Test Prep Representative
Joined: 14 Oct 2015
Last visit: 18 Nov 2025
Posts: 21,712
Own Kudos:
Given Kudos: 300
Status:Founder & CEO
Affiliations: Target Test Prep
Location: United States (CA)
Expert
Expert reply
Active GMAT Club Expert! Tag them with @ followed by their username for a faster response.
Posts: 21,712
Kudos: 26,991
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Bunuel
If a store owner sold a designer dress for $600, she would make a 20% profit. Instead, she sold it for a 40% loss. At what price was the dress sold?

(A) $300
(B) $315
(C) $372
(D) $400
(E) $440


Letting C = the cost of the dress, we can create the equation:

600 - C = 0.2C

600 = 1.2C

500 = C

Let R = the price at which she sold the dress. Since it was sold at a 40% loss:

R - 500 = -0.4(500)

R - 500 = -200

R = 300

Answer: A
Moderators:
Math Expert
105355 posts
Tuck School Moderator
805 posts