Last visit was: 17 May 2024, 19:16 It is currently 17 May 2024, 19:16
Decision Tracker
My Rewards
Unanswered
Active Topics
New posts
New comers' posts
Close
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
Your Progress

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
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Go to My Error Log Learn more
Close
Request Expert Reply
Confirm Cancel

The usual price of a bagel was reduced during a sale. How much money c

SORT BY:
Date
Kudos
Tags:
Find Similar Topics 
Show Tags
Hide Tags
User avatar
L
Sajjad1994
GRE Forum Moderator
Joined: 02 Nov 2016
Posts: 14030
Own Kudos [?]: 33821 [0]
Given Kudos: 5797
GPA: 3.62
Send PM
CAT Tests Forum Quiz Mode
The usual price of a bagel was reduced during a sale. How much money c [#permalink] The usual price of a bagel was reduced during a sale. How much money c   06 Mar 2017, 23:16
Expert Reply
00:00
A
B
C
D
E

Difficulty:

15% (low)

Question Stats:

94% (00:34) correct 6% (00:48) wrong based on 41 sessions
Hide Show timer Statistics
The usual price of a bagel was reduced during a sale. How much money could be saved by purchasing 10 bagels at the sale price rather than at the usual price?

(1) The usual price for a bagel is $0.50 per bagel.
(2) The sale price for a bagel is $0.40 per bagel.
ShowHide Answer
Official Answer
C
User avatar
B
lmuenzel
Intern
Intern
Joined: 09 Jan 2017
Posts: 17
Own Kudos [?]: 83 [1]
Given Kudos: 7
Location: Germany
Concentration: International Business, General Management
GPA: 3.7
Send PM
The usual price of a bagel was reduced during a sale. How much money c [#permalink] The usual price of a bagel was reduced during a sale. How much money c   07 Mar 2017, 02:36
1
Kudos
(1) usual price: $0,50

-> $0,50*10= $5 => Usual total price --> No info about the sale price --> Not sufficient

(2) sale price: $0,40

-> $0,40*10= $4 => Usual sale price --> No info about the usual price --> Not sufficient


Combining 1 and 2

(0,50*10)-(0,40*10)=5-4=$1 --> One $1 could be saved --> Sufficient
User avatar
L
BrentGMATPrepNow
GMAT Club Legend
GMAT Club Legend
Joined: 12 Sep 2015
Posts: 6817
Own Kudos [?]: 30243 [0]
Given Kudos: 799
Location: Canada
Send PM
Re: The usual price of a bagel was reduced during a sale. How much money c [#permalink] The usual price of a bagel was reduced during a sale. How much money c   20 Dec 2018, 07:01
Expert Reply
Top Contributor
SajjadAhmad wrote:
The usual price of a bagel was reduced during a sale. How much money could be saved by purchasing 10 bagels at the sale price rather than at the usual price?

(1) The usual price for a bagel is $0.50 per bagel.
(2) The sale price for a bagel is $0.40 per bagel.


Target question: How much money could be saved by purchasing 10 bagels at the sale price rather than at the usual price?

Statement 1: The usual price for a bagel is $0.50 per bagel.
Since there's no information about the SALE price, there's no way to calculate the amount saved.
Since we cannot answer the target question with certainty, statement 1 is NOT SUFFICIENT

Statement 2: The sale price for a bagel is $0.40 per bagel.
Since there's no information about the REGULAR price, there's no way to calculate the amount saved.
Since we cannot answer the target question with certainty, statement 2 is NOT SUFFICIENT

Statements 1 and 2 combined
At the REGULAR price of $0.50 per bagel, 10 bagels costs $5.00
At the SALE price of $0.40 per bagel, 10 bagels costs $4.00
So, one would save $1 by purchasing 10 bagels at the sale price rather than at the usual price
Since we can answer the target question with certainty, the combined statements are SUFFICIENT

Answer: C

Cheers,
Brent
GMAT Club Bot
gmatclubot
Re: The usual price of a bagel was reduced during a sale. How much money c [#permalink]
20 Dec 2018, 07:01
Moderator:
Bunuel
Math Expert
93334 posts