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• ### $450 Tuition Credit & Official CAT Packs FREE November 15, 2018 November 15, 2018 10:00 PM MST 11:00 PM MST EMPOWERgmat is giving away the complete Official GMAT Exam Pack collection worth$100 with the 3 Month Pack ($299) # M24-02  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics Author Message TAGS: ### Hide Tags Math Expert Joined: 02 Sep 2009 Posts: 50544 M24-02 [#permalink] ### Show Tags 16 Sep 2014, 00:20 00:00 Difficulty: 5% (low) Question Stats: 91% (00:45) correct 9% (01:24) wrong based on 108 sessions ### HideShow timer Statistics A car-shop sells a car for$4800. This price includes a 20% markup. What would be the price of the car with a 10% markup?

A. $4100 B.$4300
C. $4400 D.$4600
E. $4700 _________________ Math Expert Joined: 02 Sep 2009 Posts: 50544 Re M24-02 [#permalink] ### Show Tags 16 Sep 2014, 00:20 Official Solution: A car-shop sells a car for$4800. This price includes a 20% markup. What would be the price of the car with a 10% markup?

A. $4100 B.$4300
C. $4400 D.$4600
E. $4700 Let $$X$$ be the price of the car without a markup. Then $$1.2X = 4800$$ from where $$X = 4000$$. 10% of $$X$$ is 400; the price of the car with a 10% markup would be$4400.

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### Show Tags

09 Apr 2018, 05:17
+1 for C. We are told that 1.2x is 4800 (where x is the original price). We need to find 1.1x. Do the math, answer comes to 4400 , i.e. option C.
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Re: M24-02 &nbs [#permalink] 09 Apr 2018, 05:17
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# M24-02

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