It is currently 25 Jun 2017, 16:12

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

Events & Promotions in June
Open Detailed Calendar

The table above shows the discount structure for advanced purchase of

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

Hide Tags

2 KUDOS received
Senior Manager
Senior Manager
avatar
Joined: 30 Nov 2008
Posts: 489
Schools: Fuqua
The table above shows the discount structure for advanced purchase of [#permalink]

Show Tags

New post 05 Oct 2009, 23:05
2
This post received
KUDOS
4
This post was
BOOKMARKED
00:00
A
B
C
D
E

Difficulty:

  75% (hard)

Question Stats:

48% (03:16) correct 52% (04:50) wrong based on 29 sessions

HideShow timer Statistics

ADVANCED PURCHASE DISCOUNTS FOR AIRLINE TRAVEL
days prior to departure-------------------percentage discount
0~6 days----------------------------------------0%
7~13 days--------------------------------------10%
14~29 days--------------------------------------25%
30 days or more---------------------------------40%

The table above shows the discount structure for advanced purchase of tickets at a particular airline.A passenger bought a ticket at this airline for $1,050. The ticket agent informed her that,had she purchased the ticket one day later, she would have paid $210 more.How many days before her departure did she purchase her ticket?

A. 6 days
B. 7 days
C. 13 days
D. 14 days
E. 29 days
[Reveal] Spoiler: OA
1 KUDOS received
Manager
Manager
avatar
Joined: 11 Sep 2009
Posts: 129
Re: The table above shows the discount structure for advanced purchase of [#permalink]

Show Tags

New post 06 Oct 2009, 00:13
1
This post received
KUDOS
1
This post was
BOOKMARKED
You are given that the passenger paid 1050$ for her ticket, and if she had waited one day, she would have paid $210 MORE. This constitutes a 20% (210/1050 = 1/5) raise in ticket price.

Now you simply look at the discount ranges and determine which range-to-range change constitutes a 20% increase in price:

0 - 6 days -> 0% -> 100% ticket price
7 - 13 days -> 10% -> 90% ticket price
14 - 29 days -> 25% -> 75% ticket price
30+ days -> 40% -> 60% ticket price

SO:

60% to 75% -> 75/60 = 1.25 -> 25% ticket increase (NOPE)
75% to 90% -> 90/75 = 1.2 -> 20% ticket increase (YES)

So she bought the ticket 14 days in advance. Therefore the correct answer is D.
Manager
Manager
User avatar
Joined: 18 Feb 2010
Posts: 170
Schools: ISB
Re: The table above shows the discount structure for advanced purchase of [#permalink]

Show Tags

New post 07 Mar 2010, 00:16
mrsmarthi wrote:
First colum specifies the No of Days prior to departure information. Second column specifies the Percentage discount offered.

0 - 6 days ==> 0%
7 - 13 days ==> 10%
14 - 29 days ==> 25%
30 days or more ==> 40%

Sorry could present the data in a tabular way.

The table above shows the discount structure for advanced purchase of tickets at a particular airline. A passenger bought a ticket at this airline for $ 1050. The ticket agent informed her that, had she purchased the ticket one day later, she would have paid $210 more. How many days before her departure did she purchase her ticket.

A) 6
B) 7
C) 13
D) 14
E) 29

This took me nearly 5 min and then finally followed POE to come with an ans.



Lets do it in less then one minute...


average discount increment is 15%.

Actual discount is 210 so the total amount in that case would be 1400.

He paid 1050 that means got a discount of 350 on 1400 or say 25%

further delay would have costed him 15% or 210 that means he purchased on 14th day getting 25% discount.

Hope this helps !!!
_________________

CONSIDER AWARDING KUDOS IF MY POST HELPS !!!

Senior Manager
Senior Manager
avatar
Joined: 01 Feb 2010
Posts: 264
Re: The table above shows the discount structure for advanced purchase of [#permalink]

Show Tags

New post 07 Mar 2010, 07:14
mrsmarthi wrote:
First colum specifies the No of Days prior to departure information. Second column specifies the Percentage discount offered.

0 - 6 days ==> 0%
7 - 13 days ==> 10%
14 - 29 days ==> 25%
30 days or more ==> 40%

Sorry could present the data in a tabular way.

The table above shows the discount structure for advanced purchase of tickets at a particular airline. A passenger bought a ticket at this airline for $ 1050. The ticket agent informed her that, had she purchased the ticket one day later, she would have paid $210 more. How many days before her departure did she purchase her ticket.

A) 6
B) 7
C) 13
D) 14
E) 29

This took me nearly 5 min and then finally followed POE to come with an ans.


With POE it takes less than 2 minutes.
First thing we can make out is 40% discount is out.
Also A,C,E are not possible as if we purchase even one day later same discount is possible.
So now try first with 25%
75% of x = 1050
x = 1400
15% of 1400 = 210
hence answer is D.
1 KUDOS received
Senior Manager
Senior Manager
User avatar
Status: mba here i come!
Joined: 07 Aug 2011
Posts: 264
GMAT ToolKit User
Re: The table above shows the discount structure for advanced purchase of [#permalink]

Show Tags

New post 05 Sep 2011, 06:33
1
This post received
KUDOS
210/1050 = 1/5 OR 20%
passenger would've to pay 20% more in case of delay.

let's find out what two categories have a difference of 20% between their price. let's asssume the original price is 100.

0% -> 100
10% -> 90
25% -> 75
40% -> 60

between 25%-40% -> 15/60 = 1/4 or 25%
between 25%-10% -> 15/75 = 1/5 or 20% .... this is it

so the passenger purchased 14 days prior to departure.
_________________

press +1 Kudos to appreciate posts
Download Valuable Collection of Percentage Questions (PS/DS)

1 KUDOS received
Manager
Manager
avatar
Joined: 04 Jun 2011
Posts: 183
Re: The table above shows the discount structure for advanced purchase of [#permalink]

Show Tags

New post 06 Sep 2011, 12:57
1
This post received
KUDOS
another method.. although many have provided shortcuts...

each slab decreases by 15 % hence if the guy would have been a day late.. the price wud have increased by 15% and he would have paid 210 more hence .15x = 210 = > x = 1400

but he paid only 1050... thats about 2/3 or close to 65%
40% discount (0.6 *1400) = 840
25 % discount = (0.75*1400) = 1050

so the answer is 14 days.
Intern
Intern
avatar
Joined: 05 Sep 2011
Posts: 44
Reviews Badge
Re: The table above shows the discount structure for advanced purchase of [#permalink]

Show Tags

New post 07 Sep 2011, 08:21
mrsmarthi wrote:
First colum specifies the No of Days prior to departure information. Second column specifies the Percentage discount offered.

0 - 6 days ==> 0%
7 - 13 days ==> 10%
14 - 29 days ==> 25%
30 days or more ==> 40%

Sorry could present the data in a tabular way.

The table above shows the discount structure for advanced purchase of tickets at a particular airline. A passenger bought a ticket at this airline for $ 1050. The ticket agent informed her that, had she purchased the ticket one day later, she would have paid $210 more. How many days before her departure did she purchase her ticket.

A) 6
B) 7
C) 13
D) 14
E) 29

This took me nearly 5 min and then finally followed POE to come with an ans.



I took a slightly different approach.

First I figured out the percentage change from the immediate previous amount for each of the period.Thus it comes-

0 - 6 days ==> 0%
7 - 13 days ==> 10% (90% of the price)
14 - 29 days ==> 17% (approx) (went from 90% to 75%)
30 days or more ==> 20% (went from 75% to 60%)

If the passenger had to pay the extra amount, she had to pay=(210+1050)=1260

now 210 is somehow between 10% and 20% of 1260. So 17% is the choice here. And correct ans: 14 days(d).

Though we do not need to do so many things when we have the option of eliminating some of the choices.

And Kudos for the post.
GMAT Club Legend
GMAT Club Legend
User avatar
Joined: 09 Sep 2013
Posts: 15980
Premium Member
Re: The table above shows the discount structure for advanced purchase of [#permalink]

Show Tags

New post 18 Jun 2017, 10:25
Hello from the GMAT Club BumpBot!

Thanks to another GMAT Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).

Want to see all other topics I dig out? Follow me (click follow button on profile). You will receive a summary of all topics I bump in your profile area as well as via email.
_________________

GMAT Books | GMAT Club Tests | Best Prices on GMAT Courses | GMAT Mobile App | Math Resources | Verbal Resources

Manager
Manager
User avatar
S
Joined: 24 Dec 2016
Posts: 51
CAT Tests
Re: The table above shows the discount structure for advanced purchase of [#permalink]

Show Tags

New post 18 Jun 2017, 13:55
D
You start from 40% and do the following: 1050/(1-0.4)*(1-0.25) - 1050=262.5
1050/(1-0.25)*(1-0.1)-1050= 210 no further trials are needed, this means that the passenger bought the ticket 1 day before the discount of 10% and that is the 14th day
_________________

If you find my solution useful, hit the "Kudos" button

Re: The table above shows the discount structure for advanced purchase of   [#permalink] 18 Jun 2017, 13:55
    Similar topics Author Replies Last post
Similar
Topics:
11 Experts publish their posts in the topic The table above shows the distribution of the number goodyear2013 5 06 Jun 2016, 22:04
3 Experts publish their posts in the topic The table above shows the distribution of test scores for a group of prasforgmat 4 12 Jun 2016, 06:46
3 Experts publish their posts in the topic The table above shows the distribution of test scores for a LM 8 14 Nov 2015, 10:51
11 Experts publish their posts in the topic The table above shows the distribution of test scores for a divakarbio7 9 24 Sep 2014, 16:41
12 Experts publish their posts in the topic The table above shows the amount of waste material, in tons kt00381n 9 01 May 2017, 20:25
Display posts from previous: Sort by

The table above shows the discount structure for advanced purchase of

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


GMAT Club MBA Forum Home| About| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group and phpBB SEO

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®.