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GMATprep2: Isaac can purchase a certain item in four d

Expert replies
by nhai2003 » Fri Jul 10, 2009 1:34 am
1) Internet: $80, with no sales tax, plus $10 shipping fee
2) Store X: $90, a 10% discount, plus 10% tax on discounted price
3) Store Y: $90, no tax
4) Store Z: $90, a 10% sales tax, and $10 rebate after tax

Isaac can purchase a certain item in four different ways, as shown in the table. What is the lowest price for which he can purchase this item?
- 88.10
- 89.00
- 89.10
- 89.50
- 90.00

I thought it is 89.10
[spoiler]OA: 89.00[/spoiler]
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Source: — Problem Solving |

by mike22629 » Fri Jul 10, 2009 4:11 am
Just work the problem out....

Statement 4)

First 10% tax
90 + .1*90 = 99

Then $10 rebate
99-10 = 89
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