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.

It appears that you are browsing the GMAT Club forum unregistered!

Signing up is free, quick, and confidential.
Join other 500,000 members and get the full benefits of GMAT Club

Registration gives you:

Tests

Take 11 tests and quizzes from GMAT Club and leading GMAT prep companies such as Manhattan GMAT,
Knewton, and others. All are free for GMAT Club members.

Applicant Stats

View detailed applicant stats such as GPA, GMAT score, work experience, location, application
status, and more

Books/Downloads

Download thousands of study notes,
question collections, GMAT Club’s
Grammar and Math books.
All are free!

Thank you for using the timer!
We noticed you are actually not timing your practice. Click the START button first next time you use the timer.
There are many benefits to timing your practice, including:

Re: the price of chocolate is reduced by 30% and the new price i [#permalink]

Show Tags

26 Jan 2013, 06:11

Alexmsi wrote:

Are you sure, that your results are correct ?

Normally it would be:

x*(1-0,3)*(1-0,25) = x*0,7*0,75 = 0,525 = 52,5%.

@ prapon even though the problem could have asked for approximation,IMO the solution could have been what alexmsi has gotten but unfortunately it is not one of the answer choices above..how did you come by the answer choice C?

Re: the price of chocolate is reduced by 30% and the new price i [#permalink]

Show Tags

26 Jan 2013, 06:27

chiccufrazer1 wrote:

Alexmsi wrote:

Are you sure, that your results are correct ?

Normally it would be:

x*(1-0,3)*(1-0,25) = x*0,7*0,75 = 0,525 = 52,5%.

@ prapon even though the problem could have asked for approximation,IMO the solution could have been what alexmsi has gotten but unfortunately it is not one of the answer choices above..how did you come by the answer choice C?

first of all the lack of such description in the question stem, as pointed out by Prapron suggests that this is not a gmat-like question

Moreover this is a successive %

Pick 100 reduced by 30 % we have 70 reduced again by 25 % we have 17.5% so the overall decrease is 47.5 % so C must be the answer

Re: the price of chocolate is reduced by 30% and the new price i [#permalink]

Show Tags

26 Jan 2013, 08:27

carcass wrote:

chiccufrazer1 wrote:

Alexmsi wrote:

Are you sure, that your results are correct ?

Normally it would be:

x*(1-0,3)*(1-0,25) = x*0,7*0,75 = 0,525 = 52,5%.

@ prapon even though the problem could have asked for approximation,IMO the solution could have been what alexmsi has gotten but unfortunately it is not one of the answer choices above..how did you come by the answer choice C?

first of all the lack of such description in the question stem, as pointed out by Prapron suggests that this is not a gmat-like question

Moreover this is a successive %

Pick 100 reduced by 30 % we have 70 reduced again by 25 % we have 17.5% so the overall decrease is 47.5 % so C must be the answer

Hope this helps

ya it really helps carcass..but am still left with little understanding on why we added 17.5 to 30..i also wonder why 17.5 has been represented in percent,because looking at the problem above,17.5 is a value that we need to subtract from 70 when reduced by 25 percent..would you please explain why you added 17.5 to 30 but not 25 to 30 if we are get total percentage.

Version 8.1 of the WordPress for Android app is now available, with some great enhancements to publishing: background media uploading. Adding images to a post or page? Now...

Post today is short and sweet for my MBA batchmates! We survived Foundations term, and tomorrow's the start of our Term 1! I'm sharing my pre-MBA notes...

“Keep your head down, and work hard. Don’t attract any attention. You should be grateful to be here.” Why do we keep quiet? Being an immigrant is a constant...