By how many dollars was the price of a certain portable tape recorder reduced during a sale?

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By how many dollars was the price of a certain portable tape recorder reduced during a sale?

by BTGmoderatorDC » Sun Oct 02, 2022 4:45 pm

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By how many dollars was the price of a certain portable tape recorder reduced during a sale?

(1) During the sale, the price of the tape recorder was reduced by 25 percent.
(2) The price of the tape recorder after the reduction was $36. OA C Source: Princeton Review GMAT/MBA Expert GMAT Instructor Posts: 16185 Joined: Mon Dec 08, 2008 6:26 pm Location: Vancouver, BC Thanked: 5254 times Followed by:1268 members GMAT Score:770 Re: By how many dollars was the price of a certain portable tape recorder reduced during a sale? by [email protected] » Wed Oct 05, 2022 6:16 am Timer 00:00 Your Answer A B C D E Global Stats BTGmoderatorDC wrote: Sun Oct 02, 2022 4:45 pm By how many dollars was the price of a certain portable tape recorder reduced during a sale? (1) During the sale, the price of the tape recorder was reduced by 25 percent. (2) The price of the tape recorder after the reduction was$36.

OA C

Source: Princeton Review
Target question: By how many dollars was the price of a certain portable tape recorder reduced during a sale?

Statement 1: During the sale, the price of the tape recorder was reduced by 25 percent.
Since we aren't told the ORIGINAL price, there's no way to determine the price reduction during the sale.

For example, if the original price is $100, then a 25% reduction is$25.
Similarly, if the original price is $1000, then a 25% reduction is$250
Statement 1 is NOT SUFFICIENT

Statement 2: The price of the tape recorder after the reduction was $36 Once again we have no information about the original price. Statement 2 is NOT SUFFICIENT Statements 1 and 2 combined Let x = the original price. So, 0.75x = the reduced price If the reduced price is$36, we can write: 0.75x = 36
Solve: x = 48

So the original price is $48, which means a 25% reduction = 25% of$48 = \$12
Since we can answer the target question with certainty, the combined statements are SUFFICIENT