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Difficulty:
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Question Stats:
81% (00:45) correct
19%
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wrong
based on 1028
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If a 10 percent deposit that has been paid toward the purchase of a certain product is $110, how much more remains to be paid?
(A) $880
(B) $990
(C) $1,000
(D) $1,100
(E) $1,210
(A) $880
(B) $990
(C) $1,000
(D) $1,100
(E) $1,210
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21 Jan 2013, 03:14
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Vlad77
Since 10% of the price is $110, then the total price is $1,100.
$110 is paid, thus $1,100 - $110 = $990 remains to be paid.
Answer: B.
29 Nov 2015, 11:31
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Hi All,
While this is an older question, and a relatively easy one, it showcases subjects that you WILL have to deal with on Test Day: percents and basic arithmetic. While you can certainly solve this using formal Algebra, sometimes the easiest way to get to the correct answer is to just jot down some notes and do whatever calculations are required.
We're told that a 10% deposit equals $110...so you could write down...
10% of X = 110
Since 10% is an 'easy' percent to deal with, you can immediately calculate the TOTAL price...
X = $1100
Now you have everything that you need to answer the question that was ASKED: How much REMAINS to be paid?
1100 - 110 = 990
Final Answer:
GMAT assassins aren't born, they're made,
Rich
While this is an older question, and a relatively easy one, it showcases subjects that you WILL have to deal with on Test Day: percents and basic arithmetic. While you can certainly solve this using formal Algebra, sometimes the easiest way to get to the correct answer is to just jot down some notes and do whatever calculations are required.
We're told that a 10% deposit equals $110...so you could write down...
10% of X = 110
Since 10% is an 'easy' percent to deal with, you can immediately calculate the TOTAL price...
X = $1100
Now you have everything that you need to answer the question that was ASKED: How much REMAINS to be paid?
1100 - 110 = 990
Final Answer:
GMAT assassins aren't born, they're made,
Rich
