The price of purchasing a car in Country Q is 120 percent : Critical Reasoning (CR)

crejoc

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The price of purchasing a car in Country Q is 120 percent [#permalink]

18 Aug 2009, 09:00

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4

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A

B

C

D

E

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90% (01:20) correct

10% (01:39) wrong

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The price of purchasing a car in Country Q is 20 percent less than the price of purchasing a car in Country Y. Even after transportation fees and tariff charges are added, it is still cheaper for a buyer to import car from Country Q to Country Y than to buy car in Country Y.

The statements above, if true, best support which of the following assertions?

A. Gasoline prices in Country Q are 20 percent below those in Country Y.

B. Importing cars from Country Q to Country Y will eliminate 20 percent of the sales of cars in Country Y.

C. The tariff on a car imported from Country Q to Country Y is less than 20 percent of the price of a car in Country Y.

D. The fee for transporting a car from Country Q to Country Y is more than 20 percent of the price of a car in Country Q.

E. It takes 20 percent less time to transport a car in Country Q than it does in Country Y.

OA later after discussion..

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sher676

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Re: The price of purchasing a car in Country Q is 120 percent [#permalink]

07 Sep 2009, 22:35

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How can anything be 120% less than another. Should be 20%.

kylexy

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Joined: 22 Mar 2009

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WE 1: 3

Re: The price of purchasing a car in Country Q is 120 percent [#permalink]

08 Sep 2009, 09:13

1

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For sure answer is C.
Other options are too easy to eliminate. :lol:

Jivana

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Joined: 20 Mar 2008

Posts: 340

Re: The price of purchasing a car in Country Q is 120 percent [#permalink]

22 Oct 2009, 21:42

1

Kudos

If it's a 100k Benz, then I get the benz plus 20k for pocket change....

Crejoc, no offense mate, but I think the creator of this problem owes me a Ferrari, and some cash in change! :-D

smashingpumpkins

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Joined: 19 Nov 2007

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Re: The price of purchasing a car in Country Q is 120 percent [#permalink]

18 Aug 2009, 09:06

IMO..C.. the difference is 120% and option (c) says the tariff is lower than 120%..adding both it still cheaper for a buyer to import car from Country Q to Country Y than to buy car in Country Y.

Casinoking

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Joined: 23 Jun 2009

Posts: 41

Re: The price of purchasing a car in Country Q is 120 percent [#permalink]

22 Oct 2009, 18:00

sher676 wrote:

How can anything be 120% less than another. Should be 20%.

I agree it should be 20%. 120% is impossible mathematically.

Casinoking

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Joined: 23 Jun 2009

Posts: 41

Re: The price of purchasing a car in Country Q is 120 percent [#permalink]

22 Oct 2009, 22:25

How can the cost be 120 % lower? I assume it is 20% :-D

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sayantanc2k

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The price of purchasing a car in Country Q is 120 percent [#permalink]

05 Jan 2017, 21:44

Expert Reply

The typo has been corrected, and the OA has been added.

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ehsan090

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Re: The price of purchasing a car in Country Q is 120 percent [#permalink]

11 Jan 2018, 21:21

C For sure
got the right one in 52 seconds although read choices twice :p
Good Start of day

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AkshdeepS

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Re: The price of purchasing a car in Country Q is 120 percent [#permalink]

28 Apr 2018, 03:10

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crejoc wrote:

The price of purchasing a car in Country Q is 20 percent less than the price of purchasing a car in Country Y. Even after transportation fees and tariff charges are added, it is still cheaper for a buyer to import car from Country Q to Country Y than to buy car in Country Y.

The statements above, if true, best support which of the following assertions?

A. Gasoline prices in Country Q are 20 percent below those in Country Y.

B. Importing cars from Country Q to Country Y will eliminate 20 percent of the sales of cars in Country Y.

C. The tariff on a car imported from Country Q to Country Y is less than 20 percent of the price of a car in Country Y.

D. The fee for transporting a car from Country Q to Country Y is more than 20 percent of the price of a car in Country Q.

E. It takes 20 percent less time to transport a car in Country Q than it does in Country Y.

Only C makes sense. If tariff on the imports is less than 20% in Country Q from Country Y. Then it is always beneficial to buy a car from Country Q.
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nazii

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Joined: 29 Oct 2021

Posts: 61

Re: The price of purchasing a car in Country Q is 120 percent [#permalink]

09 Nov 2022, 06:15

question stem with numerical example:

80+x (Tarrif and transportation costs)<100
This implies that X should be less than 20
C. is exactly saying that x<20

gmatclubot

Re: The price of purchasing a car in Country Q is 120 percent [#permalink]

09 Nov 2022, 06:15

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