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The cost of one photocopy is $0.02. However, a 25% discount

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Senior Manager
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Joined: 10 Apr 2012
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Location: United States
Concentration: Technology, Other
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The cost of one photocopy is $0.02. However, a 25% discount  [#permalink]

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New post 06 Nov 2013, 11:42
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A
B
C
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E

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  15% (low)

Question Stats:

81% (01:58) correct 19% (04:33) wrong based on 163 sessions

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The cost of one photocopy is $0.02. However, a 25% discount is offered on orders of more than 100 photocopies. If Steve and David have to make 80 copies each, how much will each of them save if they submit a single order of 160 copies?

A. $0.32
B. $0.40
C. $0.45
D. $0.48
E. $0.54
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Re: The cost of one photocopy is $0.02  [#permalink]

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New post 06 Nov 2013, 18:45
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guerrero25 wrote:
The cost of one photocopy is $0.02. However, a 25% discount is offered on orders of more than 100 photocopies. If Steve and David have to make 80 copies each, how much will each of them save if they submit a single order of 160 copies?
$0.32
$0.40
$0.45
$0.48
$0.54

Dear guerrero25,
I'm happy to respond. :-)

If Steve and David submit separate orders, each would be smaller than 100 photocopies, so no discount. Each would pay (80)*($0.02) = $1.60, or together, a cost of $3.20 --- that's the combined "no discount cost".

If they submit things together as one big order, they get a discount off of that $3.20 price ---- 25% or 1/4 of that is $0.80, the discount on the combined sale. They each effective save half that amount, or $0.40. Answer = (B).

Does all this make sense?
Mike :-)
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Mike McGarry
Magoosh Test Prep

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Re: The cost of one photocopy is $0.02. However, a 25% discount  [#permalink]

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New post 02 Jul 2018, 02:15
(80)*($0.02) = $1.60, or together, a cost of $3.20 --- that's the combined "no discount cost".

$3.20 price ---- 25% or 1/4 of that is $0.80, They each effective save half that amount, or $0.40. Answer B
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Re: The cost of one photocopy is $0.02. However, a 25% discount &nbs [#permalink] 02 Jul 2018, 02:15
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