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If Mel saved more than $10 by purchasing a sweater at a 15 p

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Joined: 13 Dec 2018
Posts: 10
Re: If Mel saved more than $10 by purchasing a sweater at a 15 p  [#permalink]

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New post 10 Aug 2019, 20:53
Hi VeritasKarishma , Bunuel

I marked A- 45

Below is my approach, Please correct me

Discount can only be given on Marked Price. Hence I took Marked Price and solved the question.

Marked Price * (15/100) = 10

Marked Price = 200/3 = 66.67

The marked price must be greater than 66.67 since she saved more than $10. So the minimum amount of marked price is $67.

But the question is asking original price which should be Cost Price. Hence it should be lower than marked price i.e. 45 is the only option.


I am just a beginner. Please help me.

Thanks
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Joined: 16 Oct 2010
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Location: Pune, India
Re: If Mel saved more than $10 by purchasing a sweater at a 15 p  [#permalink]

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New post 10 Aug 2019, 21:18
a12bansal wrote:
Hi VeritasKarishma , Bunuel

I marked A- 45

Below is my approach, Please correct me

Discount can only be given on Marked Price. Hence I took Marked Price and solved the question.

Marked Price * (15/100) = 10

Marked Price = 200/3 = 66.67

The marked price must be greater than 66.67 since she saved more than $10. So the minimum amount of marked price is $67.

But the question is asking original price which should be Cost Price. Hence it should be lower than marked price i.e. 45 is the only option.


I am just a beginner. Please help me.

Thanks


Original price here means price before the discount. So what the question is asking is the marked price, not cost price. You cannot find the cost price here so there is no way you can say it must be $45.

Had the question been -
"Which of the following could be the cost price?"
- you would have been correct
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Re: If Mel saved more than $10 by purchasing a sweater at a 15 p   [#permalink] 10 Aug 2019, 21:18

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