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
Of the following, which is closest to 17/6 + 6/17 ?
- A. 1
- B. 2
- C. 3
- D. 23
Correct Answer & Rationale
Correct Answer: C
To solve 17/6 + 6/17, we first find a common denominator, which is 102. Rewriting the fractions gives us (17*17)/(6*17) + (6*6)/(17*6) = 289/102 + 36/102 = 325/102. Dividing 325 by 102 yields approximately 3.19, which is closest to 3. Option A (1) is too low, as it does not account for the combined value of the fractions. Option B (2) is still below the calculated sum. Option D (23) is excessively high and not feasible given the values involved. Thus, option C (3) is the most accurate approximation.
To solve 17/6 + 6/17, we first find a common denominator, which is 102. Rewriting the fractions gives us (17*17)/(6*17) + (6*6)/(17*6) = 289/102 + 36/102 = 325/102. Dividing 325 by 102 yields approximately 3.19, which is closest to 3. Option A (1) is too low, as it does not account for the combined value of the fractions. Option B (2) is still below the calculated sum. Option D (23) is excessively high and not feasible given the values involved. Thus, option C (3) is the most accurate approximation.
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.
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.
Which of the following is equivalent to 8,1/4?
- A. 0.0825
- B. 0.825
- C. 8.25
- D. 82.5
Correct Answer & Rationale
Correct Answer: c
To convert the mixed number 8 1/4 into an improper fraction, first multiply the whole number (8) by the denominator (4), resulting in 32. Then, add the numerator (1) to get 33, making the improper fraction 33/4. When you divide 33 by 4, you get 8.25. Option A (0.0825) is incorrect as it represents a much smaller value. Option B (0.825) is also incorrect, as it is less than 1. Option D (82.5) is incorrect, being ten times larger than the correct value. Thus, 8.25 accurately reflects the original mixed number.
To convert the mixed number 8 1/4 into an improper fraction, first multiply the whole number (8) by the denominator (4), resulting in 32. Then, add the numerator (1) to get 33, making the improper fraction 33/4. When you divide 33 by 4, you get 8.25. Option A (0.0825) is incorrect as it represents a much smaller value. Option B (0.825) is also incorrect, as it is less than 1. Option D (82.5) is incorrect, being ten times larger than the correct value. Thus, 8.25 accurately reflects the original mixed number.