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#1 (permalink) |
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TestMagic Guru-in-Training
![]() ![]() ![]() Join Date: Jan 2009
Posts: 555
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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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#2 (permalink) |
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TestMagic Guru
![]() ![]() ![]() ![]() Join Date: Jun 2008
Posts: 1,566
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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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