Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized for You

we will pick new questions that match your level based on your Timer History

Track Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

An article costing C dollars is sold for $100 at a loss of [#permalink]
31 Dec 2017, 11:01

1

This post received KUDOS

00:00

Question Stats:

50% (02:14) correct
50% (02:56) wrong based on 2 sessions

Q: An article costing C dollars is sold for $100 at a loss of x percent of the selling price. It is then resold at a profit of x percent of the new selling price S. If the difference between S and C is $1.11..., then x is

A. Undetermined B. 80/9 C. 10 D. 95/9 E. 100/9

I have no clue what the answer to this question is. Any ideas? I got it from a post in this thread and could not find an answer. Seems much like a GRE style question as well so I thought I would post it here.