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08 Dec 2018, 08:55
2
00:00

Difficulty:

35% (medium)

Question Stats:

73% (01:50) correct 27% (01:43) wrong based on 130 sessions

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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 _________________ Manager Joined: 24 Jun 2013 Posts: 144 Location: India Schools: ISB '20, GMBA '20 Re: The price of a model M camera is$209 and the price of a special lens  [#permalink]

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08 Dec 2018, 09:41
2
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 _________________ If this post helped you learn something pls give kudos Manager Joined: 10 Mar 2016 Posts: 151 Location: India Concentration: Finance, Real Estate GMAT 1: 550 Q44 V23 WE: Corporate Finance (Commercial Banking) Re: The price of a model M camera is$209 and the price of a special lens  [#permalink]

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09 Dec 2018, 00:38
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 _________________ Please Hit Kudos if you like my post useful. Manager Joined: 12 Apr 2011 Posts: 149 Location: United Arab Emirates Concentration: Strategy, Marketing Schools: CBS '21, Yale '21, INSEAD GMAT 1: 670 Q50 V31 GMAT 2: 720 Q50 V37 WE: Marketing (Telecommunications) Re: The price of a model M camera is$209 and the price of a special lens  [#permalink]

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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

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Re: The price of a model M camera is $209 and the price of a special lens [#permalink] ### Show Tags 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

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
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