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A toy store regularly sells all stock at a discount of 20 percent to 40 percent. If an additional 25 percent were deduct

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A toy store regularly sells all stock at a discount of 20 percent to 40 percent. If an additional 25 percent were deduct

by VJesus12 » Fri Sep 04, 2020 6:14 am

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A toy store regularly sells all stock at a discount of 20 percent to 40 percent. If an additional 25 percent were deducted from the discount price during a special sale, what would be the lowest possible price of a toy costing $16 before any discount?

A. $5.60
B. $7.20
C. $8.80
D. $9.60
E. $15.20

Answer: B

Source: Official Guide
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Re: A toy store regularly sells all stock at a discount of 20 percent to 40 percent. If an additional 25 percent were de

by Scott@TargetTestPrep » Wed Sep 09, 2020 1:36 pm
VJesus12 wrote: ↑
Fri Sep 04, 2020 6:14 am
 A toy store regularly sells all stock at a discount of 20 percent to 40 percent. If an additional 25 percent were deducted from the discount price during a special sale, what would be the lowest possible price of a toy costing $16 before any discount?

A. $5.60
B. $7.20
C. $8.80
D. $9.60
E. $15.20

Answer: B

Source: Official Guide
Solution:

The lowest possible price of a $16 toy after discounts is 16 x 0.6 x 0.75 = $7.20.

Answer: B

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