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Old 2009 April 3rd, 12:17 AM   #1 (permalink)
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A candy wholesaler needs to quickly sell some candy bars that are nearing their expiration date, so he reduced the price of the candy bars. By what percent did he reduce the price of the candy bars?

(1) The price of a candy bar was reduced by 36 cents.

(2) If a candy retailer purchases a case of 144 candy bars from the wholesaler, she will save $51.84 as a result of the price reduction.

what does '''save''' mean in term of 'reduced sale price' of candy?
does it mean...144 candy were sold for $51.84. ?????
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Old 2009 April 3rd, 02:42 AM   #2 (permalink)
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For percentage reduction, we need to know both the original price and quantum of reduction. Hence each statement alone is INSUFFICIENT
Combining both,
Since the original price is not known, we can not calculate perecentage reduction. Hence both the statements together are INSUFFICIENT.
Hence E.

(NOTE : 'Save' means total savings on 144 candies
= (amount saved on one candy)*(no. of candies)
= 0.36*144 = $51.84)
So amount of reduction in price of candies = amount of saving)
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Old 2009 June 28th, 08:05 PM   #3 (permalink)
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Imo E
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Old 2009 June 29th, 12:38 AM   #4 (permalink)
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No way to knoe the base price. So E.
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Old 2009 June 29th, 08:31 AM   #5 (permalink)
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+1 for E
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Old 2009 July 2nd, 11:09 PM   #6 (permalink)
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o=original price
n= new price
from 2:
o-n/o=51.8/144.
from 1:
o-s=36/100
so combining 1 and 2 ,
we can fine o and n....??
am i correct?
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Old 2009 July 2nd, 11:30 PM   #7 (permalink)
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Both 1 and 2 state the same.

from 2, per candy she will save 5184/144 cents = 36 cents which is same as 1
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