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boomtangboy
Joined: 06 Jan 2012
Last visit: 05 Jun 2021
Posts: 162
Given Kudos: 33
Status:May The Force Be With Me (D-DAY 15 May 2012)
Location: India
Concentration: General Management, Entrepreneurship
Schools: ISB '14 (D) INSEAD Jan '13 (D) Tuck '15 (D) Ross '15 (D) Duke '15 (D) NUS '15 (D) NTU '15 (WL) Ivey '15 (D) Johnson '16 (S)
Products:
Updated on: 29 Apr 2012, 05:35
Originally posted by boomtangboy on 28 Apr 2012, 21:42.
Last edited by Bunuel on 29 Apr 2012, 05:35, edited 2 times in total.
Last edited by Bunuel on 29 Apr 2012, 05:35, edited 2 times in total.
Edited the question
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A
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
15%
(low)
Question Stats:
85% (02:31) correct
15%
(02:44)
wrong
based on 754
sessions
History
Date
Time
Result
Not Attempted Yet
| Charges made by two companies for the same A/C | ||
| Company X | Company Y | |
| Price | $575 | $530 |
| Surcharge as a Percent of Price | 4% | 3% |
| Installation Charge | $82.50 | $93.00 |
The table above shows the various charges made by two companies for the same air conditioner. What is the total amount that can be saved on the purchase and installation of the air conditioner by dealing with the company that offers the lower total charge?
A. $41.60
B. $45.00
C. $50.75
D. $55.75
E. $61.25
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12 Aug 2014, 23:47
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A. $41.60
B. $45.00
C. $50.75
D. $55.75
E. $61.25
Looking at the values / percentage, its clear that Company X costlier than Company Y
Just observed the OA; they have 4 distinct numbers after decimal point
Total calculation of company x gives .00 + .00 + .50 = .50 at the decimal
Total calculation of company y gives .00 + .90 + .00 = .90 at the decimal
There difference provides .60 at the decimal; only 41.60 fits in
Answer = A
B. $45.00
C. $50.75
D. $55.75
E. $61.25
Looking at the values / percentage, its clear that Company X costlier than Company Y
Just observed the OA; they have 4 distinct numbers after decimal point
Total calculation of company x gives .00 + .00 + .50 = .50 at the decimal
Total calculation of company y gives .00 + .90 + .00 = .90 at the decimal
There difference provides .60 at the decimal; only 41.60 fits in
Answer = A
General Discussion
29 Apr 2012, 06:01
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boomtangboy
Total charges of company A: 575+0.04*575+82.5=680.5;
Total charges of company B: 530+0.03*530+93=638.9;
If we deal with company B, which offers the lower price, we can save 680.5-638.9=41.6 dollars.
Answer: A.
