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

It is currently 20 Jan 2019, 14:15

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 January
PrevNext
SuMoTuWeThFrSa
303112345
6789101112
13141516171819
20212223242526
272829303112
Open Detailed Calendar

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

  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: 52296
The price of a pair of sneakers was $80 for the last six months of las  [#permalink]

Show Tags

New post 25 Oct 2018, 02:44
00:00
A
B
C
D
E

Difficulty:

  5% (low)

Question Stats:

97% (00:39) correct 3% (01:18) wrong based on 37 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

_________________

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: 09 Jun 2018
Posts: 185
Location: United States
GPA: 3.95
WE: Manufacturing and Production (Energy and Utilities)
GMAT ToolKit User Premium Member
Re: The price of a pair of sneakers was $80 for the last six months of las  [#permalink]

Show Tags

New post 25 Oct 2018, 04:56
Price = 80*1.2*0.9 = 80*1.08 = 86.4

1.2 denotes 20% increase.
0.9 denotes 10% discount.

Option D
_________________

If you found this relevant and useful, please Smash that Kudos button!

Board of Directors
User avatar
P
Status: QA & VA Forum Moderator
Joined: 11 Jun 2011
Posts: 4342
Location: India
GPA: 3.5
WE: Business Development (Commercial Banking)
GMAT ToolKit User Premium Member CAT Tests
The price of a pair of sneakers was $80 for the last six months of las  [#permalink]

Show Tags

New post 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
User avatar
P
Status: Founder & CEO
Affiliations: Target Test Prep
Joined: 14 Oct 2015
Posts: 4556
Location: United States (CA)
Re: The price of a pair of sneakers was $80 for the last six months of las  [#permalink]

Show Tags

New post 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

GMAT Club Bot
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

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


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®.