Percent question

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Percent question

by aalradadi » Tue Dec 10, 2013 6:00 pm
A new sales clerk in a department store has been assigned to mark sale items with red tags, and she has marked 30% of the store items for sale. However, 20% of the items that are supposed to be marked with their regular prices are now marked for sale, and 55% of the items that are supposed to be marked for sale are marked with regular prices. What percent of the items that are marked for sale are supposed to be marked with regular prices?

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by GMATGuruNY » Tue Dec 10, 2013 6:52 pm
A new sales clerk in a department store has been assigned to mark sale items with red tags, and she has marked 30% of the store items for sale. However, 20% of the items that are supposed to be marked with their regular prices are now marked for sale, and 55% of the items that are supposed to be marked for sale are marked with regular prices. What percent of the items that are marked for sale are supposed to be marked with regular prices?
1.30%
2.35%
3.40%
4.45%
5.50%
This is a mixture problem.
Ingredient 1: Items that should be marked REGULAR.
Of these items, the percentage marked for sale = 20%.
Ingredient 2: Items that should be marked FOR SALE.
Of these items, the percentage marked for sale = 45%.
When the two types of items are MIXED, the percentage marked for sale = 30%.

Use alligation.

Step 1: Plot the 3 percentages on a number line, with the two starting percentages (20% and 45%) on the ends and the goal percentage (30%) in the middle.
should be regular (20%)----------30%------------------(45%) should be for sale

Step 2: Calculate the distances between the percentages.
should be regular (20%)-----10-----30%----------15--------(45%) should be for sale

Step 3: Determine the ratio in the mixture.
(should be regular) : (should be for sale) is equal to the RECIPROCAL of the distances in red.
Thus:
(should be regular) : (should be for sale) = 15:10 = 3:2.

Since the sum of the parts of the ratio = 3+2 = 5:
Of every 5 items, 3 should be regular and 2 should be for sale, implying that the fraction that should be regular = 3/5.

Let the total number of items = 100.
Should be regular = (3/5)100 = 60.
Since 20% of these items are marked for sale, should be regular but marked for sale = .2(60) = 12.
Since 30% of all the items are marked for sale, the total marked for sale = .3(100) = 30.
Thus:
(should be regular but marked for sale)/(total marked for sale) = 12/30 = 2/5 = 40%.

The correct answer is C.
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by Harneet Bajwa » Tue Dec 10, 2013 10:22 pm
Equation approach to this question:
Assume there are 1000 items

Let x be the number to be put on sale
so, 1000-x is to be tagged as regular price.

The clerk has marked 30% of 1000 i.e. 300

Lets assume she marked y items incorrectly
so, items she marked correctly are 300-y

20% of items that were not to be on sale, but have ON SALE tags now
so, 0.2(1000-x) = y

45% (100-55) of items that were to be ON SALE, and were correctly marked.
so, 0.45(x) = 300-y

Solving two equations y = 120

120/300*100 = 40% is the answer.