Profit/loss

This topic has expert replies
Senior | Next Rank: 100 Posts
Posts: 59
Joined: Thu May 05, 2016 4:20 am
Thanked: 3 times

Profit/loss

by Joy Shaha » Fri May 06, 2016 1:39 pm
Q. When a producer allows 36% commission on the retail price of his product, he earns a profit of 8.8%, What would be his profit percentage if the commission is reduced by 24% . (In case of reduced to 24%) also

GMAT/MBA Expert

User avatar
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 May 06, 2016 3:13 pm
Where are the 5 answer choices that always accompany GMAT problem solving questions?
We can often use those answer choices to answer the question quickly.

Cheers,
Brent
Brent Hanneson - Creator of GMATPrepNow.com
Image