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

It is currently 24 Apr 2019, 05:07

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.

Close

Request Expert Reply

Confirm Cancel

The cost of an item was reduced from its usual selling price

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
TAGS:

Hide Tags

 
Current Student
User avatar
P
Status: Chasing my MBB Dream!
Joined: 29 Aug 2012
Posts: 1115
Location: United States (DC)
WE: General Management (Aerospace and Defense)
GMAT ToolKit User Reviews Badge
The cost of an item was reduced from its usual selling price  [#permalink]

Show Tags

New post 14 Jul 2014, 09:50
1
00:00
A
B
C
D
E

Difficulty:

  15% (low)

Question Stats:

81% (01:07) correct 19% (01:10) wrong based on 101 sessions

HideShow timer Statistics

The cost of an item was reduced from its usual selling price of $23.99 to $18.99. Which of the following is closest to the percent decrease in the price of the item?

A. 17%
B. 21%
C. 24%
D. 25%
E. 42%

_________________
Math Expert
User avatar
V
Joined: 02 Sep 2009
Posts: 54493
Re: The cost of an item was reduced from its usual selling price  [#permalink]

Show Tags

New post 14 Jul 2014, 10:39
SVP
SVP
User avatar
Status: The Best Or Nothing
Joined: 27 Dec 2012
Posts: 1813
Location: India
Concentration: General Management, Technology
WE: Information Technology (Computer Software)
Re: The cost of an item was reduced from its usual selling price  [#permalink]

Show Tags

New post 15 Jul 2014, 21:48
2
Percentage reduction\(= \frac{23.99-18.99}{23.99} * 100 = 20.9 = 21\)

Answer = B
_________________
Kindly press "+1 Kudos" to appreciate :)
Non-Human User
User avatar
Joined: 09 Sep 2013
Posts: 10619
Re: The cost of an item was reduced from its usual selling price  [#permalink]

Show Tags

New post 11 Sep 2017, 16:50
Hello from the GMAT Club BumpBot!

Thanks to another GMAT Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).

Want to see all other topics I dig out? Follow me (click follow button on profile). You will receive a summary of all topics I bump in your profile area as well as via email.
_________________
GMAT Club Bot
Re: The cost of an item was reduced from its usual selling price   [#permalink] 11 Sep 2017, 16:50
Display posts from previous: Sort by

The cost of an item was reduced from its usual selling price

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  


Copyright

GMAT Club MBA Forum Home| About| Terms and Conditions and Privacy Policy| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.