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24 Sep 2019, 01:12
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E
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
95%
(hard)
Question Stats:
34% (02:01) correct
66%
(02:05)
wrong
based on 101
sessions
History
Date
Time
Result
Not Attempted Yet
On account of Diwali, Maha Electronics(ME) is offering a bumper sale on all latest electronic items, which will be offered for less than the maximum retail price set by the manufacturer. Did Pihu get discount of 50% or more on the retail price if she bought brand X smart phone at the time of this sale?
(1) $300 less than ME's retail price was the sale price for brand X smart phone.
(2) 40%, after rounding to the closest percent, of the maximum retail price of $1500 is the retail price for brand X smart phone at ME
(1) $300 less than ME's retail price was the sale price for brand X smart phone.
(2) 40%, after rounding to the closest percent, of the maximum retail price of $1500 is the retail price for brand X smart phone at ME
02 Oct 2019, 06:49
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So we need to find whether the ratio of sale price (SP) over retail price (RP) is more than or equal to 50%.
(1) SP=RP-300 -- insufficient
(2) from this, we don't know the SP -- insufficient
(1)+(2) nothing changed -- insufficient
Bunuel, please kindly correct if I'm wrong. Was struggling between C and E as well.
(1) SP=RP-300 -- insufficient
(2) from this, we don't know the SP -- insufficient
(1)+(2) nothing changed -- insufficient
Bunuel, please kindly correct if I'm wrong. Was struggling between C and E as well.
12 Oct 2019, 02:31
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Hello, please could someone or Bunuel clarify?
this is how I understood it:
(SP) Sale Price, (RP) Retail Price
(1) RP - 300 = SP
Insufficient
(2) 0.40 x 1500= RP
Insufficient
(1)+(2)
0.40 x 1500 = RP --> RP=600
RP - 300 = SP --> 600-300 = SP --> SP= 300
--> SP/RP = 300 / 600 = 0.50 = 50% SUFF, hence option C
this is how I understood it:
(SP) Sale Price, (RP) Retail Price
(1) RP - 300 = SP
Insufficient
(2) 0.40 x 1500= RP
Insufficient
(1)+(2)
0.40 x 1500 = RP --> RP=600
RP - 300 = SP --> 600-300 = SP --> SP= 300
--> SP/RP = 300 / 600 = 0.50 = 50% SUFF, hence option C
