Quantcast
Channel: GMAT Club Forum - Forums > Problem Solving (PS)
Viewing all articles
Browse latest Browse all 462833

Problem Solving (PS) | Re: Karen sold her house at a loss of 25 percent of the price that she

$
0
0
Mahmoudfawzy83 wrote:

Karen sold her house at a loss of 25 percent of the price that she originally paid for the house, and then bought another house at a price of 30 percent less than the price she originally paid for her first house. If she sold the first house for $225,000, what was her net gain, in dollars, for the two transactions?

(A) $15,000

(B) $25,000

(C) $60,000

(D) $75,000

(E) $90,000



SP = 0.75*CP of 1st house.
&
CP of new house = 0.7*CP of 1st house
It is then given that SP = 225,000
Therefore,
CP
...

Viewing all articles
Browse latest Browse all 462833

Latest Images

Trending Articles



Latest Images