BREAKING: Target Test Prep releases Brand New 2026 On Demand GMAT prep course

Redeem
Logan Thompson, Target Test Prep LiveTeach instructor
Next LiveTeach cohort7 seats left

Aug 22 to Nov 14, 2026 with Logan Thompson

Sat, 10:00 AM to 1:00 PM Eastern (ET) · 40 live hours plus six months of OnDemand included

View class & enroll
Logan Thompson, Target Test Prep LiveTeach instructor
New: Executive Assessment LiveTeach5 seats left

Sep 6 to Dec 6, 2026 with Logan Thompson

Sun, 9:30 AM to 12:30 PM Eastern (ET) · live online EA class plus six months of OnDemand EA Masterclass included

View EA class & enroll
TTP OnDemand GMAT Video Course
Featured Course

Target Test Prep GMAT OnDemand

Scott Woodbury-Stewart’s private virtual classroom — 400 hours of master-class video lessons for the GMAT Focus Edition.

  • 715+ score guarantee — highest in the industry (99th percentile)
  • 52 chapters · 1,500+ lessons · 4,000+ practice questions
  • 400 hours of video · 1,500+ instructor-led HD smartboard lessons
  • 300,000+ students accepted to Harvard, Stanford, Wharton, Booth & Sloan & more
  • 24/7 live support + weekly Zoom office hours with GMAT instructors
  • TTP AI Assist — 24/7 AI-powered virtual tutor for instant help
  • 1,200+ flashcards + AI-powered study assistant & daily calendar
  • OnDemand, LiveTeach & GMAT Bootcamp formats available
  • Also: GRE, SAT Math & Executive Assessment courses
  • MBA Admissions Consulting now available
  • 🏆 2025 EdTech Breakthrough Award: Test Prep Solution Provider of the Year
  • 200,000+ students served
  • 5-day free trial — $0 to start, no auto-billing, cancel anytime
★★★★★ 5.0 (559 reviews)
130-pt guarantee
$0 to start then $127/mo
Start Free 5-Day Trial Read 559 Reviews →

Basic Artihmetic

Expert replies
Post new topic Post Reply
Previous Topic Next Topic
Source: — Problem Solving |
Senior | Next Rank: 100 Posts
Posts: 62
Joined: Fri Dec 21, 2007 2:58 pm
Location: Fremont , California
Thanked: 3 times

by kishore » Sat Jun 21, 2008 6:28 pm
first car sold at = 125/100 * 20,000 = 25000 $

Second car sold at = 80/100 * 20,000 = 16000 $

Selling price of both the cars = 41000 $

Cost Price of both the cars = 40000 $

Since , selling price is less than cost price, its a loss

loss= 41000 - 40000 = 1000 $
Top
Join the discussion
Log in to postLogin with Googleuse password
QUOTE IN REPLY
Master | Next Rank: 500 Posts
Posts: 124
Joined: Mon May 19, 2008 1:12 pm
Thanked: 3 times

by Nycgrl » Sat Jun 21, 2008 6:30 pm
To solve this question first we have to calculate the cost price of both the cars.

Let the cost price of the care to dealer be X

1st Car X + .25X = 20,000 i.e X = 16000
Now X is cost price we have to calculate the amount he earned when he sold it which is 25% of cost price that is 25% of 16000 = 4000

2nd Car X - .20X = 20,000 i.e X = 25000.
He sold it at 20% loss which is 20% of 25000 = 5000

both the transactions combined he had loss of 1000
Top
Join the discussion
Log in to postLogin with Googleuse password
QUOTE IN REPLY
Post new topic Post Reply
• Page 1 of 1