Multiple choice

Directions: The question below consists of a question and two statements numbered (1) and (2). You have to decide whether the data provided in the statements is sufficient to answer the question. Read both the statements and give answer. By what percent has the price of an overcoat been reduced? (1) The original price was \$380. (2) The original price was \$50 more than the reduced price.

  1. if statement (1) alone is sufficient but statement (2) alone is not

  2. if statement (2) alone is sufficient but statement (1) alone is not

  3. if both (1) and (2) together are sufficient but none of them alone is sufficient

  4. if both independently are sufficient

  5. if both statements (1) and (2) together are not sufficient
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

To find the percent reduction, we need the original price and the amount of reduction. Statement 1 gives the original price. Statement 2 gives the reduction amount ($50). Together, we can calculate (50/380)*100.

AI explanation

To find the percentage reduction, we need the reduction amount and the original price. Statement 1 gives the original price of 380 dollars but lacks the reduced price, while statement 2 gives the reduction amount of 50 dollars but lacks the original price. Using both, the percentage reduction is calculated as (50 / 380) multiplied by 100. Therefore, both statements together are needed to answer the question.

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