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
The coordinate of pointP on the number line above is x. The value of 10x is between
- A. 1 and 4
- B. 4 and 6
- C. 6 and 8
- D. 8 and 12
Correct Answer & Rationale
Correct Answer: B
To determine the correct range for \(10x\), we first need to assess the implications of each option based on the value of \(x\). - **Option A: 1 and 4** suggests \(0.1 < x < 0.4\). This would yield \(10x\) values less than 4, which is too low. - **Option B: 4 and 6** indicates \(0.4 < x < 0.6\). This range results in \(10x\) values between 4 and 6, aligning perfectly with the requirement. - **Option C: 6 and 8** implies \(0.6 < x < 0.8\). Here, \(10x\) would exceed 6, which is not valid. - **Option D: 8 and 12** indicates \(0.8 < x < 1.2\), leading to values of \(10x\) that exceed 8, thus also incorrect. Therefore, only Option B accurately reflects the condition for \(10x\) being between 4 and 6.
To determine the correct range for \(10x\), we first need to assess the implications of each option based on the value of \(x\). - **Option A: 1 and 4** suggests \(0.1 < x < 0.4\). This would yield \(10x\) values less than 4, which is too low. - **Option B: 4 and 6** indicates \(0.4 < x < 0.6\). This range results in \(10x\) values between 4 and 6, aligning perfectly with the requirement. - **Option C: 6 and 8** implies \(0.6 < x < 0.8\). Here, \(10x\) would exceed 6, which is not valid. - **Option D: 8 and 12** indicates \(0.8 < x < 1.2\), leading to values of \(10x\) that exceed 8, thus also incorrect. Therefore, only Option B accurately reflects the condition for \(10x\) being between 4 and 6.
1 is 3 percent of what number?
- A. 1/3
- B. 3
- C. 30
- D. 33,1/3
Correct Answer & Rationale
Correct Answer: D
To find the number of which 1 is 3 percent, set up the equation: 1 = 0.03 × x. Solving for x gives x = 1 / 0.03, which equals 33.33 (or 33 1/3). Option A (1/3) is incorrect as it represents a fraction far smaller than 1. Option B (3) fails because 3 percent of 3 is 0.09, not 1. Option C (30) is also incorrect; 3 percent of 30 equals 0.9. Thus, only option D (33 1/3) correctly satisfies the equation, making it the right choice.
To find the number of which 1 is 3 percent, set up the equation: 1 = 0.03 × x. Solving for x gives x = 1 / 0.03, which equals 33.33 (or 33 1/3). Option A (1/3) is incorrect as it represents a fraction far smaller than 1. Option B (3) fails because 3 percent of 3 is 0.09, not 1. Option C (30) is also incorrect; 3 percent of 30 equals 0.9. Thus, only option D (33 1/3) correctly satisfies the equation, making it the right choice.
If a number rounded to the nearest hundredth is 9.99, which of the following could be the number?
- A. 9.845
- B. 9.983
- C. 9.992
- D. 9.998
Correct Answer & Rationale
Correct Answer: C
Rounding to the nearest hundredth means looking at the third decimal place to determine if the second decimal place should round up or stay the same. For a number rounded to 9.99, the possible range is 9.985 to 9.995. Option A (9.845) rounds to 9.84, which is outside the range. Option B (9.983) rounds to 9.98, also outside the range. Option D (9.998) rounds to 10.00, exceeding the upper limit. Option C (9.992) falls within the range and correctly rounds to 9.99, making it the only viable option.
Rounding to the nearest hundredth means looking at the third decimal place to determine if the second decimal place should round up or stay the same. For a number rounded to 9.99, the possible range is 9.985 to 9.995. Option A (9.845) rounds to 9.84, which is outside the range. Option B (9.983) rounds to 9.98, also outside the range. Option D (9.998) rounds to 10.00, exceeding the upper limit. Option C (9.992) falls within the range and correctly rounds to 9.99, making it the only viable option.
Which of the following is equivalent to 1.04?
- A. 52/51
- B. 51/50
- C. 27/25
- D. 26/25
Correct Answer & Rationale
Correct Answer: D
To determine the equivalence to 1.04, we can convert each fraction to a decimal. Option A, 52/51, equals approximately 1.0196, which is less than 1.04. Option B, 51/50, equals 1.02, also less than 1.04. Option C, 27/25, equals 1.08, exceeding 1.04. Option D, 26/25, simplifies to 1.04, matching the target value exactly. Thus, only option D accurately represents 1.04, while the others deviate from this value.
To determine the equivalence to 1.04, we can convert each fraction to a decimal. Option A, 52/51, equals approximately 1.0196, which is less than 1.04. Option B, 51/50, equals 1.02, also less than 1.04. Option C, 27/25, equals 1.08, exceeding 1.04. Option D, 26/25, simplifies to 1.04, matching the target value exactly. Thus, only option D accurately represents 1.04, while the others deviate from this value.