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If Martin bought two one-pound pieces of same cake in a scheme, what

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If Martin bought two one-pound pieces of same cake in a scheme, what  [#permalink]

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New post 23 Oct 2018, 23:44
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If Martin bought two one-pound pieces of same cake in a scheme, what percent of the total regular price of the two pieces did he save?


(1) Martin paid the regular price for the first piece and paid three-fourth of the regular price for the second piece.
(2) The regular price of the cake Martin bought was $10 per one-pound piece.

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Re: If Martin bought two one-pound pieces of same cake in a scheme, what  [#permalink]

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New post 24 Oct 2018, 01:35
Bunuel wrote:
If Martin bought two one-pound pieces of same cake in a scheme, what percent of the total regular price of the two pieces did he save?


(1) Martin paid the regular price for the first piece and paid three-fourth of the regular price for the second piece.
(2) The regular price of the cake Martin bought was $10 per one-pound piece.


Question: Percentage Saving = ?

Statement 1: Martin paid the regular price for the first piece and paid three-fourth of the regular price for the second piece.

Let, Prince of first piece = $4
Price paid for second piece = $3
Total Price Paid = $7
Total Regular Price = $4*2 = $8
i.e. Percentage Saving = (1/8)*100 = 12.5%
SUFFICIENT

Statement 2: The regular price of the cake Martin bought was $10 per one-pound piece
Price actually paid is unknown hence
NOT SUFFICIENT

Answer: Option A
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Re: If Martin bought two one-pound pieces of same cake in a scheme, what &nbs [#permalink] 24 Oct 2018, 01:35
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