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A certain shipping service charges an insurance fee of $0.75

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GRE Prep Club Legend
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Joined: 07 Jun 2014
Posts: 4809
GRE 1: Q167 V156
WE: Business Development (Energy and Utilities)
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Kudos [?]: 1975 [1] , given: 397

A certain shipping service charges an insurance fee of $0.75 [#permalink] New post 28 Nov 2015, 06:28
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Question Stats:

88% (00:28) correct 11% (00:30) wrong based on 18 sessions
A certain shipping service charges an insurance fee of $0.75 when shipping any package with contents worth $25.00 or less and an insurance fee of $1.00 when shipping any package with contents worth over $25.00. If Dan uses the shipping company to ship three packages with contents worth $18.25, $25.00, and $127.50, respectively, what is the total insurance fee that the company charges Dan to ship the three packages?

A. $1.75
B. $2.25
C. $2.50
D. $2.75
E. $3.00

Practice Questions
Question: 10
Page: 148
Difficulty: easy
[Reveal] Spoiler: OA

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GRE Prep Club Legend
GRE Prep Club Legend
User avatar
Joined: 07 Jun 2014
Posts: 4809
GRE 1: Q167 V156
WE: Business Development (Energy and Utilities)
Followers: 123

Kudos [?]: 1975 [0], given: 397

Re: A certain shipping service charges an insurance fee of $0.75 [#permalink] New post 01 Dec 2015, 18:22
Expert's post
Solution

Note that two of the packages being shipped have contents that are worth $25.00 or less.
Therefore, each of them has an insurance fee of $0.75, for a total of $1.50.
The third package has contents worth over $25.00, and it has an insurance fee of $1.00.
Therefore, the total insurance fee for the three packages is $1.50 + $1.00 = $2.50, and the correct answer is \(C\).
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Sandy
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Re: A certain shipping service charges an insurance fee of $0.75 [#permalink] New post 15 May 2019, 14:11
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sandy wrote:
A certain shipping service charges an insurance fee of $0.75 when shipping any package with contents worth $25.00 or less and an insurance fee of $1.00 when shipping any package with contents worth over $25.00. If Dan uses the shipping company to ship three packages with contents worth $18.25, $25.00, and $127.50, respectively, what is the total insurance fee that the company charges Dan to ship the three packages?

A. $1.75
B. $2.25
C. $2.50
D. $2.75
E. $3.00


$18.25 package
Cost = $0.75

$25.00 package
Cost = $0.75

$127.50 package
Cost = $1.00


TOTAL cost = $0.75 + $0.75 + $1.00
= $2.50

Cheers,
Brent
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Re: A certain shipping service charges an insurance fee of $0.75   [#permalink] 15 May 2019, 14:11
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