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## DS question

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magical cook GMAT Destroyer!
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DS question Wed Nov 28, 2007 11:16 am
Elapsed Time: 00:00
• Lap #[LAPCOUNT] ([LAPTIME])
What was the price at which a merchant sold a certain appliance?
(1) The merchant's gross profit on the appliance was 20 percent of the price at
which the merchant sold the appliance.
(2) The price at which the merchant sold the appliance was \$50 more than the
merchant's cost of the appliance.

Hi, Can anyone help pls? - OA will follow..... thanks!

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Suyog GMAT Destroyer!
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Wed Nov 28, 2007 12:43 pm
1. Gross profit = 20% selling price INSUFF
2. Selling price = Cost + \$50 INSUFF
Both together INSUFF

Ans E

magical cook GMAT Destroyer!
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Wed Nov 28, 2007 12:45 pm
that's what I thought too but seems wrong....

ri2007 Really wants to Beat The GMAT!
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Wed Nov 28, 2007 1:46 pm
my ans was C

SP = P + Purchase Price (PP)

Combined we have

SP = X
Profit = 50 = 0.2X

So SP = 250

pls confirm

magical cook GMAT Destroyer!
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Wed Nov 28, 2007 3:35 pm
Yes C is correct. I got it, thanks.

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