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06 Jun 2019, 14:33
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D
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
55%
(hard)
Question Stats:
67% (01:56) correct
33%
(02:07)
wrong
based on 272
sessions
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The price of gasoline increased by 25% since June and Alex can afford to spend only 15% more on gasoline per month. By what percentage should Alex cut down gasoline usage.
A. 7%
B. 9%
C. 8.5%
D. 8%
E. 10%
A. 7%
B. 9%
C. 8.5%
D. 8%
E. 10%
06 Jun 2019, 15:43
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It's a pure percent question, so we can make up numbers. Say he used to spend $100 on gas. That gas now costs $125, but he only has $115 to spend. So he needs to cut out $10 of that gasoline, or 10/125 = 2/25 = 8% of his gas usage.
General Discussion
18 Jan 2024, 08:38
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Woody19
The price of gasoline increased by 25% since June and Alex can afford to spend only 15% more on gasoline per month. By what percentage should Alex cut down gasoline usage.
A. 7%
B. 9%
C. 8.5%
D. 8%
E. 10%
Smart plugging in and table -A. 7%
B. 9%
C. 8.5%
D. 8%
E. 10%
Attachment:
TABLE.png [ 1.92 KiB | Viewed 2045 times ]
Price of gasoline increased by 25% = 1.25*8 => 10
Alex can afford to spend only 15% more on gasoline ie 1.15*80 = 92
So, reduced Quantity will be 92/10 = 9.20
% reduction required is (10-9.20)/10*100 = 80%, Answer must be (D)
