The price of a pair of sneakers was $80 for the last six

This topic has expert replies
Legendary Member
Posts: 2229
Joined: Sun Oct 29, 2017 2:04 pm
Followed by:6 members

Timer

00:00

Your Answer

A

B

C

D

E

Global Stats

The price of a pair of sneakers was $80 for the last six months of last year. On January first, the price increased by 20%. After the price increase, an employee bought these sneakers with a 10% employee discount. What price did the employee pay?

A. $70.40
B. $82.00
C. $83.33
D. $86.40
E. $88.00

The OA is D

Source: Magoosh

GMAT/MBA Expert

User avatar
GMAT Instructor
Posts: 7249
Joined: Sat Apr 25, 2015 10:56 am
Location: Los Angeles, CA
Thanked: 43 times
Followed by:29 members

by Scott@TargetTestPrep » Wed May 29, 2019 5:56 pm
swerve wrote:The price of a pair of sneakers was $80 for the last six months of last year. On January first, the price increased by 20%. After the price increase, an employee bought these sneakers with a 10% employee discount. What price did the employee pay?

A. $70.40
B. $82.00
C. $83.33
D. $86.40
E. $88.00

The OA is D

Source: Magoosh
The employee paid

80 x 1.2 x 0.9 = 96 x 0.9 = $86.40

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