NEW HERE? LEARN MORE
closeclose
Last visit was: 26 Apr 2024, 06:14 It is currently 26 Apr 2024, 06:14
Decision Tracker
My Rewards
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 price of a model M camera is $209 and the price of a special lens

SORT BY:
Date
Kudos
Tags:
Find Similar Topics 
Show Tags
Hide Tags
User avatar
L
HKD1710
Retired Moderator
Joined: 22 Jun 2014
Posts: 971
Own Kudos [?]: 3804 [13]
Given Kudos: 182
Location: India
Concentration: General Management, Technology
Schools: IIMB IIMA ISB PGP Pro '19
GMAT 1: 540 Q45 V20
GPA: 2.49
WE:Information Technology (Computer Software)
Send PM
GMAT ToolKit User
The price of a model M camera is $209 and the price of a special lens [#permalink] New post   08 Dec 2018, 08:55
13
Bookmarks
00:00
A
B
C
D
E

Difficulty:

15% (low)

Question Stats:

80% (01:50) correct 20% (01:50) wrong based on 1059 sessions
Hide Show timer Statistics
The price of a model M camera is $209 and the price of a special lens is $69. When the camera and lens are purchased together, the price is $239. The amount saved by purchasing the camera and lens together is approximately what percent of the total price of the camera and lens when purchased separately?

(A) 14%
(B) 16%
(C) 29%
(D) 33%
(E) 86%
ShowHide Answer
Official Answer
A
avatar
P
doomedcat
Manager
Manager
Joined: 24 Jun 2013
Posts: 120
Own Kudos [?]: 315 [2]
Given Kudos: 124
Location: India
Schools: ISB '20 GMBA '20
GMAT 1: 680 Q47 V36
Send PM
GMAT ToolKit User
Re: The price of a model M camera is $209 and the price of a special lens [#permalink] New post   08 Dec 2018, 09:41
2
Kudos
HKD1710 wrote:
The price of a model M camera is $209 and the price of a special lens is $69. When the camera and lens are purchased together, the price is $239. The amount saved by purchasing the camera and lens together is approximately what percent of the total price of the camera and lens when purchased separately?

(A) 14%
(B) 16%
(C) 29%
(D) 33%
(E) 86%

Project PS Butler : Question #66


Subscribe to get Daily Email - Click Here | Subscribe via RSS - RSS


Total cost of Camera and lens when purchased separately = $278
Total cost of Camera and lens when purchased Together = $239
Saving = 278-239 = 39
Saving as a percent of Total separate cost = \(\frac{39}{278}\)*100 ; 39 * 7 = 273
so it is approx \(\frac{1}{7}\)*100 ~14%
A
User avatar
P
tapasgupta
Manager
Manager
Joined: 10 Mar 2016
Posts: 121
Own Kudos [?]: 231 [1]
Given Kudos: 22
Location: India
Concentration: Finance, Real Estate
Schools: Desautels '22 Sauder '22 Alberta "22 Schulich "22 Queens'22 ISB'22
GMAT 1: 550 Q44 V23
WE:Corporate Finance (Commercial Banking)
Send PM
Reviews Badge
Re: The price of a model M camera is $209 and the price of a special lens [#permalink] New post   09 Dec 2018, 00:38
1
Bookmarks
Total price of the camera and lens when purchased separately = 209$ + 69$ = 278$
Total price when purchased together = 239$
Amount saved = 278$ - 239$ = 39$

Percentage of amount saved to total = Difference in the amount/original amount *100

= 39/278*100
= ~14%

Correct Answer = A
User avatar
G
eabhgoy
Manager
Manager
Joined: 12 Apr 2011
Posts: 115
Own Kudos [?]: 197 [0]
Given Kudos: 86
Location: United Arab Emirates
Concentration: Strategy, Marketing
Schools: CBS '21 Yale '21 INSEAD Jan'21 Intake IMD '21 (A)
GMAT 1: 670 Q50 V31
GMAT 2: 720 Q50 V37
GPA: 3.2
WE:Marketing (Telecommunications)
Send PM
Re: The price of a model M camera is $209 and the price of a special lens [#permalink] New post   09 Dec 2018, 02:14
Price of the camera and lens when purchased separately = 209$ + 69$ = 278$

Total price when purchased together = 239$

Discount in $ = 278$ - 239$ = 39$

Discount % = 39/278% = 14%

Hence the correct answer is A

Posted from my mobile device
User avatar
G
KanishkM
Director
Director
Joined: 09 Mar 2018
Posts: 783
Own Kudos [?]: 453 [0]
Given Kudos: 123
Location: India
Schools: DeGroote'21 Desautels '21 NUS '21
Send PM
Re: The price of a model M camera is $209 and the price of a special lens [#permalink] New post   10 Feb 2019, 22:19
HKD1710 wrote:
The price of a model M camera is $209 and the price of a special lens is $69. When the camera and lens are purchased together, the price is $239. The amount saved by purchasing the camera and lens together is approximately what percent of the total price of the camera and lens when purchased separately?

(A) 14%
(B) 16%
(C) 29%
(D) 33%
(E) 86%

Project PS Butler : Question #66


Subscribe to get Daily Email - Click Here | Subscribe via RSS - RSS


When purchased separately, Total cost = 278 $

When bought together price = 239 $

239 = x/100 * 278
x = 86 %

Now this 86 % is the difference between both the prices

But he saved 14 %

A
User avatar
L
Abhishek009
Board of Directors
Joined: 11 Jun 2011
Status:QA & VA Forum Moderator
Posts: 6072
Own Kudos [?]: 4690 [0]
Given Kudos: 463
Location: India
GPA: 3.5
WE:Business Development (Commercial Banking)
Send PM
GMAT ToolKit User
Re: The price of a model M camera is $209 and the price of a special lens [#permalink] New post   04 Mar 2020, 08:15
HKD1710 wrote:
The price of a model M camera is $209 and the price of a special lens is $69. When the camera and lens are purchased together, the price is $239. The amount saved by purchasing the camera and lens together is approximately what percent of the total price of the camera and lens when purchased separately?

(A) 14%
(B) 16%
(C) 29%
(D) 33%
(E) 86%

Project PS Butler : Question #66


Subscribe to get Daily Email - Click Here | Subscribe via RSS - RSS


Price saved is ( 209 + 69 ) - 239 = 39

So , percentage saved is 39/278*100 = 14.xx %, Thus Answer must be (A)
User avatar
L
ScottTargetTestPrep
Target Test Prep Representative
Joined: 14 Oct 2015
Status:Founder & CEO
Affiliations: Target Test Prep
Posts: 18761
Own Kudos [?]: 22055 [0]
Given Kudos: 283
Location: United States (CA)
Send PM
Re: The price of a model M camera is $209 and the price of a special lens [#permalink] New post   11 Mar 2020, 10:26
Expert Reply
HKD1710 wrote:
The price of a model M camera is $209 and the price of a special lens is $69. When the camera and lens are purchased together, the price is $239. The amount saved by purchasing the camera and lens together is approximately what percent of the total price of the camera and lens when purchased separately?

(A) 14%
(B) 16%
(C) 29%
(D) 33%
(E) 86%



The amount saved by purchasing the camera and lens together as a percent of the total price of the camera and lens when purchased separately is:

(209 + 69 - 239)/(209 + 69) = 39/278, which is about 40/280 = 1/7 = 14%

Answer: A
User avatar
B
Rail
Intern
Intern
Joined: 29 Sep 2021
Posts: 22
Own Kudos [?]: 5 [0]
Given Kudos: 7
Send PM
Re: The price of a model M camera is $209 and the price of a special lens [#permalink] New post   16 Jul 2022, 06:42
You can also do this way:

278 price when sold separately vs 239 price when sold together.

Then you need to obtain their difference in percent.

(278-239)/278 *100

At this point you get (39/278)*100, or 3900/278. By distributing, 2780/278 + 1120/278 breaks down into 10+4 or about 14% (it's easier to estimate 1120/278 than 3900/278) (quick product to check 1120/278 and you can solve this question in 1.5 min or less)

:)
User avatar
bumpbot
Non-Human User
Joined: 09 Sep 2013
Posts: 32684
Own Kudos [?]: 822 [0]
Given Kudos: 0
Send PM
Re: The price of a model M camera is $209 and the price of a special lens [#permalink] New post   25 Dec 2023, 16:59
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
gmatclubot
Re: The price of a model M camera is $209 and the price of a special lens [#permalink]
25 Dec 2023, 16:59
Moderators:
Bunuel
Math Expert
92933 posts
yashikaaggarwal
Senior Moderator - Masters Forum
3137 posts

Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne
Main navigation
GMAT Resources
Partners
MBA Resources
www.gmac.com|www.mba.com | | GMAT Club Rules | Terms and Conditions