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by bblast » Tue Aug 30, 2011 4:20 am
An item's sale price was x percent of its original price by the end of the first week of the sale. By the end of the second week, the sale price was further reduced to y percent of its original price.

What was the original price of the item?

x = 20
y - x = 15

E
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by kmittal82 » Tue Aug 30, 2011 4:27 am
Let original price = a

End of first week, items price = (x/100) * a
End of second week, items price = (y/100) * a

(1) Clearly Not sufficient

(2) Again, not sufficient as we have 3 unknowns

Combine (1) and (2)

y = 35, which again does not give the value of a itself.
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by saketk » Tue Aug 30, 2011 11:48 am
bblast wrote:An item's sale price was x percent of its original price by the end of the first week of the sale. By the end of the second week, the sale price was further reduced to y percent of its original price.

What was the original price of the item?

x = 20
y - x = 15

E
Hi, Although the answer is E. I think the second statement is incorrect.
After reading the question statement can't we say that the value of Y is less than X?

In the 2nd week the price was further reduced to Y% of the actual price (P) . Say, X=20%
Sale price in 1st week= 0.2p
Sale price in the 2nd week has to be less that the 1st week price.
Hence value of Y should be less than X. Or, Am I missing something.. is it something like this for the 2nd week -- y% of X% of P.

Just a thought
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by prateek_guy2004 » Tue Aug 30, 2011 2:20 pm
I did a similar problem in prob solving.....In this yes statement 1 and 2 are not sufficient to get the original value..

Thought the discounted percentage can be concluded.....

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by bblast » Tue Aug 30, 2011 9:22 pm
saketk wrote:
bblast wrote:An item's sale price was x percent of its original price by the end of the first week of the sale. By the end of the second week, the sale price was further reduced to y percent of its original price.

What was the original price of the item?

x = 20
y - x = 15

E
Hi, Although the answer is E. I think the second statement is incorrect.
After reading the question statement can't we say that the value of Y is less than X?

In the 2nd week the price was further reduced to Y% of the actual price (P) . Say, X=20%
Sale price in 1st week= 0.2p
Sale price in the 2nd week has to be less that the 1st week price.
Hence value of Y should be less than X. Or, Am I missing something.. is it something like this for the 2nd week -- y% of X% of P.

Just a thought

This is exactly why I posted this question. But I am sure we are missing something.
Cheers !!

Quant 47-Striving for 50
Verbal 34-Striving for 40

My gmat journey :
https://www.beatthegmat.com/710-bblast-s ... 90735.html
My take on the GMAT RC :
https://www.beatthegmat.com/ways-to-bbla ... 90808.html
How to prepare before your MBA:
https://www.youtube.com/watch?v=upz46D7 ... TWBZF14TKW_
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by navami » Tue Aug 30, 2011 10:52 pm
Got to be E.


no information provided on the real price. We can just come out with % value. not the real value.
This time no looking back!!!
Navami
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by czarczar » Wed Aug 31, 2011 2:06 pm
Though answer should be E but a bad question stem.
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by force5 » Wed Aug 31, 2011 2:28 pm
+1 for E.
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by saketk » Sat Sep 03, 2011 11:50 am
bblast wrote:
saketk wrote:
bblast wrote:An item's sale price was x percent of its original price by the end of the first week of the sale. By the end of the second week, the sale price was further reduced to y percent of its original price.

What was the original price of the item?

x = 20
y - x = 15

E
Hi, Although the answer is E. I think the second statement is incorrect.
After reading the question statement can't we say that the value of Y is less than X?

In the 2nd week the price was further reduced to Y% of the actual price (P) . Say, X=20%
Sale price in 1st week= 0.2p
Sale price in the 2nd week has to be less that the 1st week price.
Hence value of Y should be less than X. Or, Am I missing something.. is it something like this for the 2nd week -- y% of X% of P.

Just a thought

This is exactly why I posted this question. But I am sure we are missing something.
Don't know but lets move on :) .. this is a bad question stem ..lol
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