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

Redeem

During a clearance sale, a retailer discounted the original price of its TVs by 25% for the first two weeks of the month

Expert replies
by Vincen » Tue Apr 28, 2020 8:05 am

Timer

00:00

Answers

A

B

C

D

E

Stats

Difficulty

During a clearance sale, a retailer discounted the original price of its TVs by 25% for the first two weeks of the month, then for the remainder of the month further reduced the price by taking 20% off the sale price. For those who purchased TVs during the last week of the month, what percent of the original price did they have to pay?

A. 40%
B. 45%
C. 55%
D. 60%
E. 62.5%

[spoiler]OA=D[/spoiler]

Source: Veritas Prep
Join the discussion
Source: — Problem Solving |

Vincen wrote:
Tue Apr 28, 2020 8:05 am
During a clearance sale, a retailer discounted the original price of its TVs by 25% for the first two weeks of the month, then for the remainder of the month further reduced the price by taking 20% off the sale price. For those who purchased TVs during the last week of the month, what percent of the original price did they have to pay?

A. 40%
B. 45%
C. 55%
D. 60%
E. 62.5%

[spoiler]OA=D[/spoiler]

Source: Veritas Prep
If the TV was purchased during the last week of the month and the original cost was n, we have:

0.75n * 0.8 = 0.6n

Answer: D

Scott Woodbury-Stewart
Founder and CEO
[email protected]

Image

See why Target Test Prep is rated 5 out of 5 stars on BEAT the GMAT. Read our reviews

ImageImage
Join the discussion