Target Test Prep 20% Off Flash Sale is on! Code: FLASH20

Redeem
Target Test Prep Flash Sale
Target Test Prep is 20% off right now!
Use code FLASH20

Available with Beat the GMAT members only code

MORE DETAILS
Magoosh
Magoosh
Study with Magoosh GMAT prep

Available with Beat the GMAT members only code

MORE DETAILS
Magoosh

500 ps test25#9

This topic has expert replies
Post new topic Post Reply
Previous Topic Next Topic
Master | Next Rank: 500 Posts
Posts: 269
Joined: Sun Apr 01, 2007 5:41 am

500 ps test25#9

by dunkin77 » Wed Apr 18, 2007 11:42 am
Hi,

The answer is E) but could not figure out.... pls help!
Attachments
9.JPG
Top
Junior | Next Rank: 30 Posts
Posts: 18
Joined: Tue Mar 06, 2007 8:57 am

by gmatme » Wed Apr 18, 2007 1:41 pm
x is the cost of the TV

Markup - x * 20/100
Sale price = Markup + cost
= x * 20/100 + x
= 1.2x

M/S = 0.2x/1.2x = 100/6 = 16 2/3
Top
Legendary Member
Posts: 559
Joined: Tue Mar 27, 2007 1:29 am
Thanked: 5 times
Followed by:2 members

by Cybermusings » Thu Apr 19, 2007 2:08 am
If cost is x...the markup is 20x/100
Which would make the Selling Price x + 20x/100 = 120x/100

So markup as a % of SP =[ (20x/100) / (120x/100) ]*100
= 100/6 = 16 2/3%
Top
Post new topic Post Reply
• Page 1 of 1