• Veritas Prep
    Free Veritas GMAT Class
    Experience Lesson 1 Live Free

    Available with Beat the GMAT members only code

    MORE DETAILS
    Veritas Prep
  • Kaplan Test Prep
    Free Practice Test & Review
    How would you score if you took the GMAT

    Available with Beat the GMAT members only code

    MORE DETAILS
    Kaplan Test Prep
  • e-gmat Exclusive Offer
    Get 300+ Practice Questions
    25 Video lessons and 6 Webinars for FREE

    Available with Beat the GMAT members only code

    MORE DETAILS
    e-gmat Exclusive Offer
  • Target Test Prep
    5-Day Free Trial
    5-day free, full-access trial TTP Quant

    Available with Beat the GMAT members only code

    MORE DETAILS
    Target Test Prep
  • PrepScholar GMAT
    5 Day FREE Trial
    Study Smarter, Not Harder

    Available with Beat the GMAT members only code

    MORE DETAILS
    PrepScholar GMAT
  • Economist Test Prep
    Free Trial & Practice Exam
    BEAT THE GMAT EXCLUSIVE

    Available with Beat the GMAT members only code

    MORE DETAILS
    Economist Test Prep
  • EMPOWERgmat Slider
    1 Hour Free
    BEAT THE GMAT EXCLUSIVE

    Available with Beat the GMAT members only code

    MORE DETAILS
    EMPOWERgmat Slider
  • Magoosh
    Magoosh
    Study with Magoosh GMAT prep

    Available with Beat the GMAT members only code

    MORE DETAILS
    Magoosh
  • examPAL
    Most awarded test prep in the world
    Now free for 30 days

    Available with Beat the GMAT members only code

    MORE DETAILS
    examPAL
  • Varsity Tutors
    Award-winning private GMAT tutoring
    Register now and save up to $200

    Available with Beat the GMAT members only code

    MORE DETAILS
    Varsity Tutors

A merchant discounted the sale price of a coat and the sale

This topic has 1 expert reply and 0 member replies
jjjinapinch Senior | Next Rank: 100 Posts Default Avatar
Joined
24 Jul 2017
Posted:
83 messages

A merchant discounted the sale price of a coat and the sale

Post Mon Aug 07, 2017 8:54 am
A merchant discounted the sale price of a coat and the sale price of a sweater. Which of the two articles of clothing was discounted by the greater dollar amount?

(1) The percent discount on the coat was 2 percentage points greater than the percent discount on the sweater.
(2) Before the discounts, the sale price of the coat was $10 less than the sale price of the sweater.

Official Guide question
Answer: E

  • +1 Upvote Post
  • Quote
  • Flag
Post Mon Aug 07, 2017 8:49 pm
jjjinapinch wrote:
A merchant discounted the sale price of a coat and the sale price of a sweater. Which of the two articles of clothing was discounted by the greater dollar amount?

(1) The percent discount on the coat was 2 percentage points greater than the percent discount on the sweater.
(2) Before the discounts, the sale price of the coat was $10 less than the sale price of the sweater.

Official Guide question
Answer: E
We have to determine which of the two articles is discounted more than the other.

Statement 1:

We do not have any information about the prices of the articles. Insufficient.

Statement 2:

We do not have any information about the discount rates of the articles. Insufficient.

Statement 1 & 2:

Say the price of the sweater = $100, thus the price of coat = 100 - 10 = $90.

Let's take two cases.

1. Case 1: Say discount rate on sweater = 2%, thus, the discount rate on coat = 2 + 2 = 4%.

Thus,
the discount on sweater = 2% of 100 = $2;
the discount on coat = 4% of 90 = $3.60 > $2.

The answer is coat.

1. Case 2: Say discount rate on sweater = 23%, thus, the discount rate on coat = 23 + 2 = 25%.

Thus,
the discount on sweater = 23% of 100 = $23;
the discount on coat = 25% of 90 = $22.50 < 23.

The answer is sweater. No unique answer. Insufficient.

The correct answer: E

Hope this helps!

Download free ebook: Manhattan Review GMAT Quantitative Question Bank Guide

-Jay
_________________
Manhattan Review GMAT Prep

Locations: New York | Singapore | London | Dubai | and many more...

Schedule your free consultation with an experienced GMAT Prep Advisor! Click here.

  • +1 Upvote Post
  • Quote
  • Flag

Best Conversation Starters

1 lheiannie07 108 topics
2 ardz24 67 topics
3 Roland2rule 63 topics
4 LUANDATO 52 topics
5 Vincen 51 topics
See More Top Beat The GMAT Members...

Most Active Experts

1 image description GMATGuruNY

The Princeton Review Teacher

150 posts
2 image description Jeff@TargetTestPrep

Target Test Prep

114 posts
3 image description Rich.C@EMPOWERgma...

EMPOWERgmat

105 posts
4 image description Scott@TargetTestPrep

Target Test Prep

101 posts
5 image description Max@Math Revolution

Math Revolution

85 posts
See More Top Beat The GMAT Experts