Events & Promotions
|
|
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
Track
Your Progress
Practice
Pays
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Nov 2007:30 AM PST
-08:30 AM PST
Learn what truly sets the UC Riverside MBA apart and how it helps in your professional growth
Nov 2211:00 AM IST
-01:00 PM IST
Do RC/MSR passages scare you? e-GMAT is conducting a masterclass to help you learn – Learn effective reading strategies Tackle difficult RC & MSR with confidence Excel in timed test environment- Nov 23
11:00 AM IST
-01:00 PM IST
Attend this free GMAT Algebra Webinar and learn how to master the most challenging Inequalities and Absolute Value problems with ease. 
Nov 2510:00 AM EST
-11:00 AM EST
Prefer video-based learning? The Target Test Prep OnDemand course is a one-of-a-kind video masterclass featuring 400 hours of lecture-style teaching by Scott Woodbury-Stewart, founder of Target Test Prep and one of the most accomplished GMAT instructors.
27 Jun 2017, 08:39
Kudos
Bookmarks
C
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
45%
(medium)
Question Stats:
69% (01:40) correct
31%
(01:40)
wrong
based on 321
sessions
History
Date
Time
Result
Not Attempted Yet
Two toy stores, A and B, sell Hot-Wheels. The regular price at store A is 80% of the manufacturer’s suggested retail price. Store B normally does not offer any discount on the manufacturer’s suggested retail price. During Christmas, both stores offer special discounts. What is the difference between the prices of the toys of the two stores?
(1) Store A offers a special discount of 20% on its regular price and finally sells at $64.
(2) Store B offers 40% discount on its regular price.
(1) Store A offers a special discount of 20% on its regular price and finally sells at $64.
(2) Store B offers 40% discount on its regular price.
27 Jun 2017, 09:00
Kudos
Bookmarks
Bunuel
Let the manufacturer's suggested retail price be "x"
So store A's regular price = 80%*x = 0.8x
Store B's regular Price = x (as it does not offer any discount)
We need to find: Difference between discounted price of A & B. For that we need to know price of A & B and the discount they are offering
Statement 1: implies that Store A's discounted price = 0.8x*(100%-20%) = 64
or 0.8x*0.8 = 64 -----------(1)
but this statement does not provide any information regarding B's price. Hence Insufficient]
Statement 2: implies that Store B's discounted price = (100%-40%)*x = 0.6x ----------------(2)
but this statement provides no information regarding store A's discounted price. Hence Insufficient
Combining 1 & 2
from equation 1 value of x = 100
So discounted value of store B = 0.6*100 = 60
Therefore difference between store A's discounted price and store B's discounted price = 64-60 = 4
Hence Sufficient
Option C
27 Jun 2017, 23:46
Kudos
Bookmarks
Bunuel
Given : two stores A & B ; Let suggested retail price be M. SO regular price at store A = 0.8 M & at store B = M
DS: difference between prices of toys of store A and Store B during Christmas offer.
Option 1 : Discounted price of A = 0.8 * 0.8 M = 0.64 M
0.64 M = 64 $
=> M = 100 $
So Suggested retail price = 100$
Discounted price of store A = 64 $
But we don;t have any idea of discounted price of store B
NOT SUFFICIENT
Option 2: Discounted price of B = 0.6 M
No idea of the value of M or the discounted price of A.
NOT SUFFICIENT
Combined : Difference in the discounted price = 0.64 M = 0.6M = 0.04 M = 0.04 * 100 = 4 $
Answer C
