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Updated on: 05 Oct 2025, 00:54
Originally posted by ankushsambare on 04 Oct 2025, 21:05.
Last edited by ankushsambare on 05 Oct 2025, 00:54, edited 1 time in total.
Last edited by ankushsambare on 05 Oct 2025, 00:54, edited 1 time in total.
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D
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
95%
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Question Stats:
30% (01:58) correct
70%
(02:26)
wrong
based on 113
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A company paid a total of $28,000 for software licenses as follows: it paid a base price P; a maintenance fee equal to m% of the base price; and then a cloud-storage fee equal to n% of the sum (base price + maintenance fee). If the total paid was $28,000, what was the dollar amount of the cloud-storage fee?
(1) n=40.
(2) m=20 and the maintenance fee equals the cloud-storage fee.
(1) n=40.
(2) m=20 and the maintenance fee equals the cloud-storage fee.
05 Oct 2025, 01:04
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Hi Aisle,
Yes, (2) is also sufficient.
Thank you for flagging it.
Here is the official solution:
(1) Sufficient.
Let S = base + maintenance.
Then cloud fee
=> (n/100)S and total
=> S + cloud fee
= >S(1+n/100).
So cloud fee = total × n/(100+n).
With n=40, cloud fee => 28000 × 40/140
=> 28000 × 2/7
=> 8000. Unique.
(2) Sufficient.
If maintenance fee = cloud fee and m=20,
then maintenance => 0.20P and cloud => 0.20P.
Total = P+0.20P+0.20P = 1.4P,
so P = 28000/1.4 = 20000.
Cloud fee = 0.20×20000
=> 4000.
Unique.
Each statement alone yields a single numerical answer, so the correct choice is D.
Yes, (2) is also sufficient.
Thank you for flagging it.
Here is the official solution:
(1) Sufficient.
Let S = base + maintenance.
Then cloud fee
=> (n/100)S and total
=> S + cloud fee
= >S(1+n/100).
So cloud fee = total × n/(100+n).
With n=40, cloud fee => 28000 × 40/140
=> 28000 × 2/7
=> 8000. Unique.
(2) Sufficient.
If maintenance fee = cloud fee and m=20,
then maintenance => 0.20P and cloud => 0.20P.
Total = P+0.20P+0.20P = 1.4P,
so P = 28000/1.4 = 20000.
Cloud fee = 0.20×20000
=> 4000.
Unique.
Each statement alone yields a single numerical answer, so the correct choice is D.
Aisle
