GMAT Question of the Day - Daily to your Mailbox; hard ones only

 It is currently 13 Oct 2019, 23:37

### 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

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

# Jack purchased a phone for \$1,500 and paid tax at the rate of 5 percen

Author Message
TAGS:

### Hide Tags

Math Expert
Joined: 02 Sep 2009
Posts: 58335
Jack purchased a phone for \$1,500 and paid tax at the rate of 5 percen  [#permalink]

### Show Tags

24 Sep 2018, 01:37
00:00

Difficulty:

55% (hard)

Question Stats:

65% (02:45) correct 35% (02:05) wrong based on 51 sessions

### HideShow timer Statistics

Jack purchased a phone for \$1,500 and paid tax at the rate of 5 percent, while Tom purchased a phone for \$1,200 and paid tax at the rate of 15 percent. The total amount Tom paid was what percent less than the total amount Jack paid?

(A) 5%
(B) 7%
(C) 9%
(D) 12%
(E) 15%

_________________
Manager
Joined: 14 Jun 2018
Posts: 219
Re: Jack purchased a phone for \$1,500 and paid tax at the rate of 5 percen  [#permalink]

### Show Tags

24 Sep 2018, 01:50
Total for Jack = 1500 * 1.05 = 1575
Total for Tom = 1200 * 1.15 = 1380
Difference = 195
195/1575 * 100 = 12 %
Director
Joined: 27 May 2012
Posts: 898
Re: Jack purchased a phone for \$1,500 and paid tax at the rate of 5 percen  [#permalink]

### Show Tags

08 Nov 2018, 09:30
1
Bunuel wrote:
Jack purchased a phone for \$1,500 and paid tax at the rate of 5 percent, while Tom purchased a phone for \$1,200 and paid tax at the rate of 15 percent. The total amount Tom paid was what percent less than the total amount Jack paid?

(A) 5%
(B) 7%
(C) 9%
(D) 12%
(E) 15%

Perhaps Approximate Percentage is being asked for here, because Percentage of 195/1575 = 12.38%
_________________
- Stne
Re: Jack purchased a phone for \$1,500 and paid tax at the rate of 5 percen   [#permalink] 08 Nov 2018, 09:30
Display posts from previous: Sort by