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The usual price of a bagel was reduced during a sale. How much money c

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SVP
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The usual price of a bagel was reduced during a sale. How much money c  [#permalink]

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New post 06 Mar 2017, 22:16
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Difficulty:

  15% (low)

Question Stats:

92% (00:27) correct 8% (00:14) wrong based on 24 sessions

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The usual price of a bagel was reduced during a sale. How much money could be saved by purchasing 10 bagels at the sale price rather than at the usual price?

(1) The usual price for a bagel is $0.50 per bagel.
(2) The sale price for a bagel is $0.40 per bagel.

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The usual price of a bagel was reduced during a sale. How much money c  [#permalink]

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New post 07 Mar 2017, 01:36
1
(1) usual price: $0,50

-> $0,50*10= $5 => Usual total price --> No info about the sale price --> Not sufficient

(2) sale price: $0,40

-> $0,40*10= $4 => Usual sale price --> No info about the usual price --> Not sufficient


Combining 1 and 2

(0,50*10)-(0,40*10)=5-4=$1 --> One $1 could be saved --> Sufficient
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Re: The usual price of a bagel was reduced during a sale. How much money c  [#permalink]

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New post 20 Dec 2018, 06:01
Top Contributor
SajjadAhmad wrote:
The usual price of a bagel was reduced during a sale. How much money could be saved by purchasing 10 bagels at the sale price rather than at the usual price?

(1) The usual price for a bagel is $0.50 per bagel.
(2) The sale price for a bagel is $0.40 per bagel.


Target question: How much money could be saved by purchasing 10 bagels at the sale price rather than at the usual price?

Statement 1: The usual price for a bagel is $0.50 per bagel.
Since there's no information about the SALE price, there's no way to calculate the amount saved.
Since we cannot answer the target question with certainty, statement 1 is NOT SUFFICIENT

Statement 2: The sale price for a bagel is $0.40 per bagel.
Since there's no information about the REGULAR price, there's no way to calculate the amount saved.
Since we cannot answer the target question with certainty, statement 2 is NOT SUFFICIENT

Statements 1 and 2 combined
At the REGULAR price of $0.50 per bagel, 10 bagels costs $5.00
At the SALE price of $0.40 per bagel, 10 bagels costs $4.00
So, one would save $1 by purchasing 10 bagels at the sale price rather than at the usual price
Since we can answer the target question with certainty, the combined statements are SUFFICIENT

Answer: C

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Brent
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Re: The usual price of a bagel was reduced during a sale. How much money c &nbs [#permalink] 20 Dec 2018, 06:01
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