BREAKING: Target Test Prep releases Brand New 2026 On Demand GMAT prep course

Redeem

Target Test Prep · GMAT

Choose how you want to prepare

Learn live with an expert or move at your own pace. Every option includes the complete TTP study system.

★★★★★5.0559 reviews
GMATLiveTeach Starts Oct 17
Chris Peckover, Target Test Prep GMAT expert
LIVE ONLINE CLASSES

Get Ready for GMAT Test Day Faster with Live Online Classes

with Chris Peckover, 100th-Percentile GMAT Scorer

Oct 17 · Chris Peckover
Sat · 11:00 AM to 2:00 PM ET
Oct 20 · Chris Peckover
Tue, Thu · 8:00 to 10:00 PM ET
Oct 25 · Josh Braslow
Sun · 1:00 to 4:00 PM ET
Included
40 hours of live online classes + 6 months of TTP OnDemand
  • Attend the first class for free
  • Every class is recorded, so you never fall behind
View classes & enroll
Limited seats availableTarget Test Prep
EALiveTeachOnDemand 5 seats left Start anytime
EXECUTIVE ASSESSMENT

Target Test Prep EA OnDemand

Self-paced EA prep. Study on your schedule.

Logan Thompson
EXECUTIVE ASSESSMENT

Sep 6 to Dec 6, 2026

with Logan Thompson

165+ EA score guarantee
$05-day trial no automatic billing
Schedule
Sun · 9:30 AM to 12:30 PM ET
Included
40 hours of live online classes plus six months of access to the complete TTP EA OnDemand course.
  • 165+ EA Score Guarantee
  • 4,100+ Quant, Verbal, and Integrated Reasoning practice questions
  • 400+ hours of in-depth video lessons
  • 3,000+ step-by-step video solutions
View EA class & enroll Start free 5-day trial
Limited cohort · enrollment openTrial includes full course accessTarget Test Prep
GMATOnDemand Start anytime
SELF-PACED MASTERCLASS

Target Test Prep GMAT OnDemand

Complete access from day one. Study on your schedule.

715+ score guarantee
$0to start then $127/mo
  • Personalized study plan and analytics
  • Thousands of lessons and practice questions

Compare the format, schedule, and included access before enrolling. Prices and seat counts shown reflect the supplied offer details.

Profit/loss Arithmatic

Expert replies
by rrobiinn » Mon Sep 10, 2012 9:49 pm
A reduction of 20% in the price of sugar enables a purchaser to obtain 4 kg more for $160. What is the reduced price per kg?

* I became depressed thinking that with easy questions like this and I can't solve, would bring poor score in Gmat :(
Join the discussion
Source: — Problem Solving |

by das.ashmita » Mon Sep 10, 2012 10:06 pm
My approach:

let the initial cost per kg be $'p' and amt be 'x'kg

given, px = (0.8p)(x+4) = 160

solving px = (0.8p)(x+4) we get, x=16

px = 160
=>p = 160/16 = 10

reduced price per kg = (0.8)p = $8
Join the discussion

by rrobiinn » Tue Sep 11, 2012 12:00 am
das.ashmita wrote:My approach:

let the initial cost per kg be $'p' and amt be 'x'kg

given, px = (0.8p)(x+4) = 160

solving px = (0.8p)(x+4) we get, x=16

px = 160
=>p = 160/16 = 10

reduced price per kg = (0.8)p = $8
How
px = (0.8p)(x+4)
and px = 160
Join the discussion

by KapilKapoor » Tue Sep 11, 2012 12:31 am
Hi rrobiinn,

What we know is, total material was purchased with 160$ both the time.
First time = p*x
Second time = (0.8p) * (x+4)
Redu Rate Total qty
received

=> px = (0.8p)(x+4)
and px = 160


Moreover you can see for the other method also as mentioned below:

let the rate = R $/Kg
How much will be the wt purchased out of 160$ = 160/R Kg
The reduced rate = 0.8R $/Kg
How much will be the wt purchased out of 160$ now = 160/(0.8R) Kg

According to the question:

The new Wt = 4 + Old Wt (If the material was purchased of the same 160$ only)
160/(0.8R) = 4 + 160/R

R = 10 and 0.8R = 8$ (Ans)

Hope this will clear your doubt.

Regards,
Kapil
Join the discussion

by neelgandham » Tue Sep 11, 2012 12:33 am
rrobiinn wrote:My approach:
How
px = (0.8p)(x+4)
and px = $160
let the initial cost per kg be $'p' and amt be 'x'kg
Case 1: Cost of purchase = Cost per kilogram * Number of kilograms purchased
= $p*x

Case 2: If the price of sugar drops by 20% then the cost per kilogram is p - (20/100)*p = $0.8p
Amount of sugar purchased = x+4
Cost of purchase = Cost per kilogram * Number of kilograms purchased
= $0.8p * (x+4)

But we know that the total cost of purchase is 160 in both the cases.
So, p*x = 0.8p * (x+4)
px = 0.8px + 3.2p
0.2px = 3.2p
x = 16 and p = $10

Reduced price = 0.8 * p = 0.8*10 = $8
Anil Gandham
Welcome to BEATtheGMAT | Photography | Getting Started | BTG Community rules | MBA Watch
Check out GMAT Prep Now's online course at https://www.gmatprepnow.com/
Join the discussion

by das.ashmita » Tue Sep 11, 2012 12:38 am
Hi rrobinn

If we assume initial cost per kg be $'p' and amt be 'x'kg

A reduction of 20% in the price of sugar enables a purchaser to obtain 4 kg more for $160
From the above statement, we can say 2 things
1. before reduction : price of x kg was $160
In other words , px = 160

2. after reduction : price of x+4 kg was $160 & price / kg = (1-20/100)p = 0.8p
In other words , (0.8p)(x+4) = 160

Hope its clear :)
Join the discussion

by GMATGuruNY » Tue Sep 11, 2012 1:56 am
rrobiinn wrote:A reduction of 20% in the price of sugar enables a purchaser to obtain 4 kg more for $160. What is the reduced price per kg?

* I became depressed thinking that with easy questions like this and I can't solve, would bring poor score in Gmat :(
A reduction of 20% implies that the original price is almost certainly a multiple of 10.
Thus, we can GUESS AND CHECK the correct answer very quickly, no algebra required.

Let the original price per kg = 10.
Amount that can be purchased for 160 = 160/10 = 16.
Reduced price = 10 - .2(10) = 8.
New amount that can be purchased for 160 = 160/8 = 20.
Success! At the reduced price, 4 more kg can be purchased.
Thus, the reduced price = 8.

For a similar problem that I solved with this approach, check here:

https://www.beatthegmat.com/profit-loss-t115625.html
Private tutor exclusively for the GMAT and GRE, with over 20 years of experience.
Followed here and elsewhere by over 1900 test-takers.
I have worked with students based in the US, Australia, Taiwan, China, Tajikistan, Kuwait, Saudi Arabia -- a long list of countries.
My students have been admitted to HBS, CBS, Tuck, Yale, Stern, Fuqua -- a long list of top programs.

As a tutor, I don't simply teach you how I would approach problems.
I unlock the best way for YOU to solve problems.

For more information, please email me (Mitch Hunt) at [email protected].
Student Review #1
Student Review #2
Student Review #3
Join the discussion