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

 It is currently 21 Nov 2018, 12:54

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

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

Events & Promotions

Events & Promotions in November
PrevNext
SuMoTuWeThFrSa
28293031123
45678910
11121314151617
18192021222324
2526272829301
Open Detailed Calendar
• All GMAT Club Tests are Free and open on November 22nd in celebration of Thanksgiving Day!

November 22, 2018

November 22, 2018

10:00 PM PST

11:00 PM PST

Mark your calendars - All GMAT Club Tests are free and open November 22nd to celebrate Thanksgiving Day! Access will be available from 0:01 AM to 11:59 PM, Pacific Time (USA)
• Key Strategies to Master GMAT SC

November 24, 2018

November 24, 2018

07:00 AM PST

09:00 AM PST

Attend this webinar to learn how to leverage Meaning and Logic to solve the most challenging Sentence Correction Questions.

Show Tags

25 Oct 2018, 02:44
00:00

Difficulty:

5% (low)

Question Stats:

97% (00:37) correct 3% (01:18) wrong based on 36 sessions

HideShow timer Statistics

The price of a pair of sneakers was $80 for the last six months of last year. On January first, the price increased 20%. After the price increase, an employee bought these sneakers with a 10% employee discount. What price did the employee pay? A.$70.40
B. $82.00 C.$83.33
D. $86.40 E.$88.00

_________________
Manager
Joined: 09 Jun 2018
Posts: 155
Location: United States
GPA: 3.95
WE: Manufacturing and Production (Energy and Utilities)

Show Tags

25 Oct 2018, 06:29
Bunuel wrote:
The price of a pair of sneakers was $80 for the last six months of last year. On January first, the price increased 20%. After the price increase, an employee bought these sneakers with a 10% employee discount. What price did the employee pay? A.$70.40
B. $82.00 C.$83.33
D. $86.40 E.$88.00

Net change in price is $$20 - 10 -\frac{20*10}{100} = 8$$

Thus, the price the customer had to pay is $$80*\frac{108}{100}$$ = 86.40 ; Answer must be (D) $86.40 _________________ Thanks and Regards Abhishek.... PLEASE FOLLOW THE RULES FOR POSTING IN QA AND VA FORUM AND USE SEARCH FUNCTION BEFORE POSTING NEW QUESTIONS How to use Search Function in GMAT Club | Rules for Posting in QA forum | Writing Mathematical Formulas |Rules for Posting in VA forum | Request Expert's Reply ( VA Forum Only ) Target Test Prep Representative Status: Founder & CEO Affiliations: Target Test Prep Joined: 14 Oct 2015 Posts: 4170 Location: United States (CA) Re: The price of a pair of sneakers was$80 for the last six months of las  [#permalink]

Show Tags

30 Oct 2018, 10:21
Bunuel wrote:
The price of a pair of sneakers was $80 for the last six months of last year. On January first, the price increased 20%. After the price increase, an employee bought these sneakers with a 10% employee discount. What price did the employee pay? A.$70.40
B. $82.00 C.$83.33
D. $86.40 E.$88.00

The employee paid

80 x 1.2 x 0.9 = 96 x 0.9 = $86.40 Answer: D _________________ Scott Woodbury-Stewart Founder and CEO GMAT Quant Self-Study Course 500+ lessons 3000+ practice problems 800+ HD solutions Re: The price of a pair of sneakers was$80 for the last six months of las &nbs [#permalink] 30 Oct 2018, 10:21
Display posts from previous: Sort by

The price of a pair of sneakers was \$80 for the last six months of las

 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®.