The chart above shows the store's cost and list price for three models of stoves sold by an appliance store.
During a 20 percent off sale, Gene bought a Model Y stove from this store. How much profit did the store
make on Gene's purchase? (Profit = Price paid - Store's cost)
- A. $260
- B. $380
- C. $590
- D. $760
Correct Answer & Rationale
Correct Answer: D
To determine the profit made by the store on Gene's purchase of Model Y, first calculate the sale price. If the list price is $950, a 20% discount reduces it by $190, resulting in a sale price of $760. Next, subtract the store's cost of $0 from the sale price, yielding a profit of $760. Option A ($260) incorrectly assumes a lower sale price or higher cost. Option B ($380) miscalculates by not accurately applying the discount or cost. Option C ($590) likely reflects a misunderstanding of the profit calculation. Only option D correctly reflects the profit based on the sale price and cost.
To determine the profit made by the store on Gene's purchase of Model Y, first calculate the sale price. If the list price is $950, a 20% discount reduces it by $190, resulting in a sale price of $760. Next, subtract the store's cost of $0 from the sale price, yielding a profit of $760. Option A ($260) incorrectly assumes a lower sale price or higher cost. Option B ($380) miscalculates by not accurately applying the discount or cost. Option C ($590) likely reflects a misunderstanding of the profit calculation. Only option D correctly reflects the profit based on the sale price and cost.
Other Related Questions
What is the product of 2,2/3 and 3,3/8?
- A. 5,5/11
- B. 6,1/24
- C. 7
- D. 9
Correct Answer & Rationale
Correct Answer: D
To find the product of 2,2/3 and 3,3/8, first convert the mixed numbers to improper fractions. 2,2/3 becomes 8/3 and 3,3/8 becomes 27/8. Multiplying these fractions gives (8/3) * (27/8) = 216/24 = 9. Option A (5,5/11) and Option B (6,1/24) are incorrect as they do not represent the product of the two numbers. Option C (7) is also incorrect, as it is less than the calculated product. Thus, the only valid result from the multiplication is 9, confirming the correct answer.
To find the product of 2,2/3 and 3,3/8, first convert the mixed numbers to improper fractions. 2,2/3 becomes 8/3 and 3,3/8 becomes 27/8. Multiplying these fractions gives (8/3) * (27/8) = 216/24 = 9. Option A (5,5/11) and Option B (6,1/24) are incorrect as they do not represent the product of the two numbers. Option C (7) is also incorrect, as it is less than the calculated product. Thus, the only valid result from the multiplication is 9, confirming the correct answer.
2 + (2 × 2) + 2 =
- A. 8
- B. 10
- C. 12
- D. 16
Correct Answer & Rationale
Correct Answer: A
To solve the expression 2 + (2 × 2) + 2, it’s essential to follow the order of operations, often remembered by the acronym PEMDAS (Parentheses, Exponents, Multiplication and Division, Addition and Subtraction). First, calculate the value inside the parentheses: 2 × 2 equals 4. Next, substitute this back into the expression: 2 + 4 + 2. Then, perform the addition from left to right: 2 + 4 equals 6, and then 6 + 2 equals 8. Options B (10), C (12), and D (16) are incorrect because they do not adhere to the proper order of operations or miscalculate the addition steps.
To solve the expression 2 + (2 × 2) + 2, it’s essential to follow the order of operations, often remembered by the acronym PEMDAS (Parentheses, Exponents, Multiplication and Division, Addition and Subtraction). First, calculate the value inside the parentheses: 2 × 2 equals 4. Next, substitute this back into the expression: 2 + 4 + 2. Then, perform the addition from left to right: 2 + 4 equals 6, and then 6 + 2 equals 8. Options B (10), C (12), and D (16) are incorrect because they do not adhere to the proper order of operations or miscalculate the addition steps.
A book is on sale for 25% off. If the original price of the book was D dollars, what is the sale price, in dollars, in terms of D?
- A. D - 25
- B. 7.5D
- C. 0.75D
- D. 0.25D
Correct Answer & Rationale
Correct Answer: C
To find the sale price of a book that is 25% off, we first calculate the discount amount, which is 25% of the original price D. This can be expressed as 0.25D. The sale price is then the original price minus the discount, or D - 0.25D, which simplifies to 0.75D. Option A (D - 25) incorrectly subtracts a fixed dollar amount rather than a percentage, making it irrelevant to the problem. Option B (7.5D) mistakenly applies the percentage in a way that inflates the price instead of reducing it. Option D (0.25D) represents only the discount amount, not the sale price. Thus, 0.75D accurately reflects the sale price after applying the discount.
To find the sale price of a book that is 25% off, we first calculate the discount amount, which is 25% of the original price D. This can be expressed as 0.25D. The sale price is then the original price minus the discount, or D - 0.25D, which simplifies to 0.75D. Option A (D - 25) incorrectly subtracts a fixed dollar amount rather than a percentage, making it irrelevant to the problem. Option B (7.5D) mistakenly applies the percentage in a way that inflates the price instead of reducing it. Option D (0.25D) represents only the discount amount, not the sale price. Thus, 0.75D accurately reflects the sale price after applying the discount.
Marisol has 5 times as many books as Jerry. Jerry has 15 books. How many books does Marisol have?
- A. 10
- B. 20
- C. 75
- D. 225
Correct Answer & Rationale
Correct Answer: C
To determine how many books Marisol has, start by recognizing that she has 5 times the number of books Jerry has. Since Jerry has 15 books, you multiply 15 by 5: 15 × 5 = 75. Thus, Marisol has 75 books. Option A (10) is incorrect as it suggests Marisol has fewer books than Jerry. Option B (20) also underestimates her total, as it does not account for the multiplication factor of 5. Option D (225) overestimates the total by incorrectly multiplying the number of Jerry's books. Only option C accurately reflects the calculation based on the relationship between Marisol's and Jerry's books.
To determine how many books Marisol has, start by recognizing that she has 5 times the number of books Jerry has. Since Jerry has 15 books, you multiply 15 by 5: 15 × 5 = 75. Thus, Marisol has 75 books. Option A (10) is incorrect as it suggests Marisol has fewer books than Jerry. Option B (20) also underestimates her total, as it does not account for the multiplication factor of 5. Option D (225) overestimates the total by incorrectly multiplying the number of Jerry's books. Only option C accurately reflects the calculation based on the relationship between Marisol's and Jerry's books.