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

It is currently 15 Dec 2018, 01:14

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
Events & Promotions in December
PrevNext
SuMoTuWeThFrSa
2526272829301
2345678
9101112131415
16171819202122
23242526272829
303112345
Open Detailed Calendar
  • Free GMAT Strategy Webinar

     December 15, 2018

     December 15, 2018

     07:00 AM PST

     09:00 AM PST

    Aiming to score 760+? Attend this FREE session to learn how to Define your GMAT Strategy, Create your Study Plan and Master the Core Skills to excel on the GMAT.
  • $450 Tuition Credit & Official CAT Packs FREE

     December 15, 2018

     December 15, 2018

     10:00 PM PST

     11:00 PM PST

    Get the complete Official GMAT Exam Pack collection worth $100 with the 3 Month Pack ($299)

The original cost of a coat was increased by 40% at the beginning of 2

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

Hide Tags

Math Expert
User avatar
V
Joined: 02 Sep 2009
Posts: 51215
The original cost of a coat was increased by 40% at the beginning of 2  [#permalink]

Show Tags

New post 25 Nov 2018, 20:34
00:00
A
B
C
D
E

Difficulty:

  35% (medium)

Question Stats:

69% (02:00) correct 31% (02:56) wrong based on 35 sessions

HideShow timer Statistics

The original cost of a coat was increased by 40% at the beginning of 2015. In March 2015, the new price was reduced by 20%, and the cost remained at this new reduced price. Chris had a coupon for a $ 50 discount and, in April, used the coupon to buy the coat at the further reduced price. There was no tax or additional fee on the purchase. If Chris paid $ 95.60 for the coat, which would be the original price of the coat?

A. $ 2.50

B. $100

C. $104.83

D. $120

E. $130

_________________

New to the Math Forum?
Please read this: Ultimate GMAT Quantitative Megathread | All You Need for Quant | PLEASE READ AND FOLLOW: 12 Rules for Posting!!!

Resources:
GMAT Math Book | Triangles | Polygons | Coordinate Geometry | Factorials | Circles | Number Theory | Remainders; 8. Overlapping Sets | PDF of Math Book; 10. Remainders | GMAT Prep Software Analysis | SEVEN SAMURAI OF 2012 (BEST DISCUSSIONS) | Tricky questions from previous years.

Collection of Questions:
PS: 1. Tough and Tricky questions; 2. Hard questions; 3. Hard questions part 2; 4. Standard deviation; 5. Tough Problem Solving Questions With Solutions; 6. Probability and Combinations Questions With Solutions; 7 Tough and tricky exponents and roots questions; 8 12 Easy Pieces (or not?); 9 Bakers' Dozen; 10 Algebra set. ,11 Mixed Questions, 12 Fresh Meat

DS: 1. DS tough questions; 2. DS tough questions part 2; 3. DS tough questions part 3; 4. DS Standard deviation; 5. Inequalities; 6. 700+ GMAT Data Sufficiency Questions With Explanations; 7 Tough and tricky exponents and roots questions; 8 The Discreet Charm of the DS; 9 Devil's Dozen!!!; 10 Number Properties set., 11 New DS set.


What are GMAT Club Tests?
Extra-hard Quant Tests with Brilliant Analytics

Manager
Manager
User avatar
G
Joined: 13 Jan 2018
Posts: 128
Location: India
GMAT 1: 580 Q47 V23
GPA: 4
Reviews Badge
Re: The original cost of a coat was increased by 40% at the beginning of 2  [#permalink]

Show Tags

New post 25 Nov 2018, 20:44
1
Let the original price of the coat before 2015 be "x".
At the beginning of 2015, the price went to "1.4x"

Now the price reduced by 20%. So 0.8*1.4x = 1.12x

Chris has $50 coupon. He paid $95.6.

1.12x - $50 = $95.6
1.12x = 145.6
x = $130

OPTION: E
_________________

____________________________
Regards,

Chaitanya



+1 Kudos

if you like my explanation!!!

Intern
Intern
avatar
B
Joined: 30 Jul 2017
Posts: 3
Location: India
Re: The original cost of a coat was increased by 40% at the beginning of 2  [#permalink]

Show Tags

New post 27 Nov 2018, 05:20
x*(140/100)*(80/100) = (50+95.60)
x = 130
Intern
Intern
avatar
B
Joined: 20 Jun 2017
Posts: 4
Re: The original cost of a coat was increased by 40% at the beginning of 2  [#permalink]

Show Tags

New post 27 Nov 2018, 17:43
Original Price = X
Increase by 40% = 1.4X and then
Decreased by 20% = 0.8(1.40) = 1.12X
1.12X -50 = 95.60
1.12X = 95.60 + 50
x ~ 146/1.12 = 130
GMAT Club Bot
Re: The original cost of a coat was increased by 40% at the beginning of 2 &nbs [#permalink] 27 Nov 2018, 17:43
Display posts from previous: Sort by

The original cost of a coat was increased by 40% at the beginning of 2

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


cron
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®.