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

It is currently 09 Dec 2019, 16:35

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

The regular price for canned tomato sauce was reduced during a sale.

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
TAGS:

Hide Tags

Find Similar Topics 
Math Expert
User avatar
V
Joined: 02 Sep 2009
Posts: 59622
The regular price for canned tomato sauce was reduced during a sale.  [#permalink]

Show Tags

New post 30 Oct 2019, 21:06
00:00
A
B
C
D
E

Difficulty:

  15% (low)

Question Stats:

100% (00:57) correct 0% (00:00) wrong based on 27 sessions

HideShow timer Statistics

Competition Mode Question



The regular price for canned tomato sauce was reduced during a sale. How much money could one have saved by purchasing a dozen cans of tomato sauce at the reduced price rather than at the regular price?

(1) The regular price for canned tomato sauce was 2 for $1.50
(2) The reduced price for canned tomato sauce is 2 for $1.20

_________________
Manager
Manager
User avatar
G
Joined: 11 Feb 2013
Posts: 229
Location: United States (TX)
GMAT 1: 490 Q44 V15
GMAT 2: 690 Q47 V38
GPA: 3.05
WE: Analyst (Commercial Banking)
GMAT ToolKit User Premium Member Reviews Badge
Re: The regular price for canned tomato sauce was reduced during a sale.  [#permalink]

Show Tags

New post 30 Oct 2019, 21:49
1
I would go for C.


Statement 1: No info on reduced price.
Statement 2: no info on regular price.

Combining: for two cans I can save $0.30; for a dozen I can save $1.80. Sufficient
Manager
Manager
avatar
S
Joined: 23 Nov 2018
Posts: 239
GMAT 1: 650 Q49 V28
GPA: 4
Reviews Badge CAT Tests
Re: The regular price for canned tomato sauce was reduced during a sale.  [#permalink]

Show Tags

New post 30 Oct 2019, 22:36
1
The regular price for canned tomato sauce was reduced during a sale. How much money could one have saved by purchasing a dozen cans of tomato sauce at the reduced price rather than at the regular price?

(1) The regular price for canned tomato sauce was 2 for $1.50
(2) The reduced price for canned tomato sauce is 2 for $1.20

dozen=12 cans

12*cost price/can - 12*s.p/can

therefore C is the correct answer
_________________
.
Manager
Manager
User avatar
G
Joined: 29 May 2019
Posts: 122
CAT Tests
Re: The regular price for canned tomato sauce was reduced during a sale.  [#permalink]

Show Tags

New post 30 Oct 2019, 22:46
1
The regular price for canned tomato sauce was reduced during a sale. How much money could one have saved by purchasing a dozen cans of tomato sauce at the reduced price rather than at the regular price?

We are asked to find money saved after purchasing 12 cans. saving = regular price - reduced price

(1) The regular price for canned tomato sauce was 2 for $1.50
We have no idea about reduced price. Insufficient.

(2) The reduced price for canned tomato sauce is 2 for $1.20
We have no idea about regular price. Insufficient.

Together:
we save $0.30 per can. For 12 cans it will be 0.30 * 12.
Sufficient.

Answer: C

_________________
Pick yourself up, dust yourself off, and start again.

Success is the sum of all small efforts.

MAKE IT HAPPEN :)
Senior Manager
Senior Manager
User avatar
D
Joined: 05 Jul 2018
Posts: 462
Location: India
Concentration: General Management, Technology
GMAT 1: 600 Q47 V26
GRE 1: Q162 V149
GPA: 3.6
WE: Information Technology (Consulting)
Reviews Badge
Re: The regular price for canned tomato sauce was reduced during a sale.  [#permalink]

Show Tags

New post 30 Oct 2019, 22:50
1
Let original price be O and reduced price be R per can. We are asked for 12*(O-R)=?

St1 ) 12*O=$9 . No info about R. INSUFFICIENT
St2) 12*R =$7.2. No info about O. INSUFFICIENT

St 1 + St2 SUFFICIENT as we have both the values of R and O

Answer is C
Senior Manager
Senior Manager
avatar
P
Joined: 01 Mar 2019
Posts: 336
Location: India
Concentration: Strategy, Social Entrepreneurship
Schools: Ross '22, ISB '20, NUS '20
GPA: 4
Reviews Badge
Re: The regular price for canned tomato sauce was reduced during a sale.  [#permalink]

Show Tags

New post 30 Oct 2019, 23:26
1
To calculate the difference we need both regular and reduced price..either is insufficient

So C

Posted from my mobile device
GMAT Club Legend
GMAT Club Legend
User avatar
V
Joined: 18 Aug 2017
Posts: 5466
Location: India
Concentration: Sustainability, Marketing
GPA: 4
WE: Marketing (Energy and Utilities)
GMAT ToolKit User Premium Member
Re: The regular price for canned tomato sauce was reduced during a sale.  [#permalink]

Show Tags

New post 30 Oct 2019, 23:56
1
#1
The regular price for canned tomato sauce was 2 for $1.50
price per can ; .75$ ; reduced price not know insufficeint
#2
The reduced price for canned tomato sauce is 2 for $1.20
i.e .6$ per can
existing price not know
insufficient
from 1 &2
money saved = .75-.6 ; .15$
IMO C

The regular price for canned tomato sauce was reduced during a sale. How much money could one have saved by purchasing a dozen cans of tomato sauce at the reduced price rather than at the regular price?

(1) The regular price for canned tomato sauce was 2 for $1.50
(2) The reduced price for canned tomato sauce is 2 for $1.20
Senior Manager
Senior Manager
avatar
G
Joined: 25 Jul 2018
Posts: 395
CAT Tests
Re: The regular price for canned tomato sauce was reduced during a sale.  [#permalink]

Show Tags

New post 31 Oct 2019, 00:15
1
(Statement1) and (Statement2) are each alone insufficient to answer the question.

—> taken together 1&2,
\((\frac{1.5}{2} —\frac{1.2}{2})*12= (0.75 —0.6)*12= 0.15* 12=$ 1.8\)

Sufficient
The answer is C

Posted from my mobile device
Intern
Intern
User avatar
B
Joined: 21 Sep 2016
Posts: 21
Re: The regular price for canned tomato sauce was reduced during a sale.  [#permalink]

Show Tags

New post 31 Oct 2019, 00:27
1
Let's assume following notations -

R = regular price of the cans
r = reduced price of the cans after the sale (discount)

As per the question we need to find the value of 12*(R-r)

1) R: 2 nos. for $1.50
This will give value of R only
Insufficient.

2) r: 2 nos. for $1.20
This will give value of r only
Insufficient.

1 & 2) both the statements will give values of R and r respectively and that will give us the value of 12(R-r).

Therefore, answer is (C).
Manager
Manager
avatar
G
Joined: 17 Mar 2019
Posts: 105
Re: The regular price for canned tomato sauce was reduced during a sale.  [#permalink]

Show Tags

New post 31 Oct 2019, 19:50
1
The question is asking to find the cost saved on tomato cans by purchasing a dozen tomato cans at the discount price than the regular price.

Statement 1- The regular cost of 2 cans is 1.50.

Insufficient as we have to find the discount cost.

Statement 2- the discounted cost for 2 cans is given as 1.20.

Still in sufficient as we don't know the regular cost.

When we combine the 2 sentences we get that for each can the consumer can save .15 dollars so for dozen cans will save 0.15*12

Therefore combining the 2 sentences we get the answer.

IMO C

Posted from my mobile device
GMAT Club Bot
Re: The regular price for canned tomato sauce was reduced during a sale.   [#permalink] 31 Oct 2019, 19:50
Display posts from previous: Sort by

The regular price for canned tomato sauce was reduced during a sale.

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





Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne