The original price of a suit is $200. The price increased

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VJesus12: Legendary Member; Posts: 2276; Joined: Sat Oct 14, 2017 6:10 am; Followed by:3 members

The original price of a suit is $200. The price increased

by VJesus12 » Fri Dec 13, 2019 10:49 am

The original price of a suit is $200. The price increased 30%, and after this increase, the store published a 30% off coupon for a one-day sale. Given that the consumers who used the coupon on sale day were getting 30% off the increased price, how much did these consumers pay for the suit?

A. $182
B. $191
C. $200
D. $209
E. $219

[spoiler]OA=A[/spoiler]

Source: Magoosh

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Source: Beat The GMAT — Problem Solving | Fri Dec 13, 2019 10:49 am

GMAT/MBA Expert

Brent@GMATPrepNow: GMAT Instructor; Posts: 16207; Joined: Mon Dec 08, 2008 6:26 pm; Location: Vancouver, BC; Thanked: 5254 times; Followed by:1268 members; GMAT Score:770

by Brent@GMATPrepNow » Fri Dec 13, 2019 11:32 am

VJesus12 wrote:The original price of a suit is $200. The price increased 30%, and after this increase, the store published a 30% off coupon for a one-day sale. Given that the consumers who used the coupon on sale day were getting 30% off the increased price, how much did these consumers pay for the suit?

A. $182
B. $191
C. $200
D. $209
E. $219

[spoiler]OA=A[/spoiler]

Source: Magoosh

The original price of a suit is $200. The price increased 30%, ....
30% of $200 = $60
So, the NEW price = $200 + $60 = $260

...and after this increase, the store published a 30% off coupon for a one-day sale.
30% of $260 = (0.3)($260) = $78
So with the price with coupon = $260 - $78 = $182

Answer: A

Cheers,
Brent

Brent Hanneson - Creator of GMATPrepNow.com

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Scott@TargetTestPrep: GMAT Instructor; Posts: 8086; Joined: Sat Apr 25, 2015 10:56 am; Location: Los Angeles, CA; Thanked: 43 times; Followed by:29 members

by Scott@TargetTestPrep » Sun Dec 22, 2019 7:33 pm

VJesus12 wrote:The original price of a suit is $200. The price increased 30%, and after this increase, the store published a 30% off coupon for a one-day sale. Given that the consumers who used the coupon on sale day were getting 30% off the increased price, how much did these consumers pay for the suit?

A. $182
B. $191
C. $200
D. $209
E. $219

[spoiler]OA=A[/spoiler]

Source: Magoosh