Forum Home > GMAT > Quantitative > Problem Solving (PS)
Events & Promotions
|
|
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
Track
Your Progress
Practice
Pays
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Dec 1410:00 AM EST
-12:00 PM EST
Think a 100% GMAT Verbal score is out of your reach? Target Test Prep will make you think again! Our course uses techniques such as topical study and spaced repetition to maximize knowledge retention and make studying simple and fun.
Dec 1411:00 AM IST
-01:00 PM IST
Attend this session to learn how to Deconstruct arguments, Pre-Think Author’s Assumptions, and apply Negation Test.- Dec 15
11:00 AM IST
-01:00 PM IST
Attend this free GMAT Algebra Webinar and learn how to master the most challenging Inequalities and Absolute Value problems with ease. 
Dec 1608:00 AM PST
-11:59 PM PST
GMAT Club 12 Days of Christmas is a 4th Annual GMAT Club Winter Competition based on solving questions. This is the Winter GMAT competition on GMAT Club with an amazing opportunity to win over $40,000 worth of prizes!- Dec 17
09:00 AM PST
-10:00 AM PST
Join Manhattan Prep instructor Whitney Garner for a fun—and thorough—review of logic-based (non-math) problems, with a particular emphasis on Data Sufficiency and Two-Parts. - Dec 18
10:00 AM PST
-11:00 AM PST
Here is the essential guide to securing scholarships as an MBA student! In this video, we explore the various types of scholarships available, including need-based and merit-based options.
19 Aug 2015, 22:44
Kudos
Bookmarks
B
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
25%
(medium)
Question Stats:
78% (01:42) correct
22%
(01:52)
wrong
based on 195
sessions
History
Date
Time
Result
Not Attempted Yet
Jacob marks his goods up by 75% and then offers a discount on the marked price. The profit that he makes after offering the discount is 40%. What % discount did Jacob offer?
A. 15%
B. 20%
C. 25%
D. 35%
E. 75%
Kudos for a correct solution.
A. 15%
B. 20%
C. 25%
D. 35%
E. 75%
Kudos for a correct solution.
20 Aug 2015, 08:01
Kudos
Bookmarks
Bunuel
Jacob marks his goods up by 75% and then offers a discount on the marked price. The profit that he makes after offering the discount is 40%. What % discount did Jacob offer?
A. 15%
B. 20%
C. 25%
D. 35%
E. 75%
Kudos for a correct solution.
A. 15%
B. 20%
C. 25%
D. 35%
E. 75%
Kudos for a correct solution.
let the cost price is 100
marked price is 175
selling price is 140
discount (35/175)*100=20%
correct option is B
General Discussion
20 Aug 2015, 00:04
Kudos
Bookmarks
Bunuel
Jacob marks his goods up by 75% and then offers a discount on the marked price. The profit that he makes after offering the discount is 40%. What % discount did Jacob offer?
A. 15%
B. 20%
C. 25%
D. 35%
E. 75%
A. 15%
B. 20%
C. 25%
D. 35%
E. 75%
Ans: B
Solution: let x is the cost price.
so profit 40% means final selling price = 1.40x
marked up price = 1.75x
let discount be r%
so
1.40x=1.75x(1 - r/100)
after solving the equation r= 20%
