Sam buys an article with 25% discount on its list price. He makes a profit of 10% by selling it at 660$.Find its list price
Is the answer 800?
vijayantj: how 33x/40?
5-Day Free Trial
5-day free, full-access trial TTP
Available with Beat the GMAT members only code
MORE DETAILS
Percentage
This topic has expert replies
-
vishalranka
- Newbie | Next Rank: 10 Posts
- Posts: 5
- Joined: Thu Feb 25, 2010 4:28 am
Lets list price is xvishalranka wrote:Sam buys an article with 25% discount on its list price. He makes a profit of 10% by selling it at 660$.Find its list price
Is the answer 800?
Sam buys an article with 25% discount on its list price.
3x/4
He makes a profit of 10% by selling it at 660$.Find its list price
33x/40 = 660
so, x= 800
answer is 800
-
outreach
- Legendary Member
- Posts: 748
- Joined: Sun Jan 31, 2010 7:54 am
- Thanked: 46 times
- Followed by:3 members
110-660
100=x
x=(660*100)/110
x=600
now
600-75
y-100
y=800
100=x
x=(660*100)/110
x=600
now
600-75
y-100
y=800
vishalranka wrote:Sam buys an article with 25% discount on its list price. He makes a profit of 10% by selling it at 660$.Find its list price
Is the answer 800?
vijayantj: how 33x/40?
-------------------------------------
--------------------------------------
General blog
https://amarnaik.wordpress.com
MBA blog
https://amarrnaik.blocked/
--------------------------------------
General blog
https://amarnaik.wordpress.com
MBA blog
https://amarrnaik.blocked/
vijayantj wrote:Lets list price is xvishalranka wrote:Sam buys an article with 25% discount on its list price. He makes a profit of 10% by selling it at 660$.Find its list price
Is the answer 800?
Sam buys an article with 25% discount on its list price.
3x/4
He makes a profit of 10% by selling it at 660$.
10% profit of 3x/4 is -
3x/4 + 3x/4 *10/100 = 33x/40
33x/40 = 660
so, x= 800
answer is 800
-
amising6
- Master | Next Rank: 500 Posts
- Posts: 294
- Joined: Wed May 05, 2010 4:01 am
- Location: india
- Thanked: 57 times
yes answer is 800
he has made profit of 10
cp sp
100 110
x 660
from here we can get cp as 110*x=660*100
so CP as 600 rs
which will be his price while buying it at 25 ?% dicount
ListPrice SP
100 75
x 600
solving for x we get x as 800
so list price=800
he has made profit of 10
cp sp
100 110
x 660
from here we can get cp as 110*x=660*100
so CP as 600 rs
which will be his price while buying it at 25 ?% dicount
ListPrice SP
100 75
x 600
solving for x we get x as 800
so list price=800
