GRE Math : Arithmetic

Study concepts, example questions & explanations for GRE Math

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Example Questions

Example Question #301 : Arithmetic

Betty buys a sweater for $36. The next week, Alice buys the same sweater on sale for 25% off. The week after that, Chelsea buys the same sweater that is now 15% off the sale price. How much did Chelsea spend on the sweater? 

Possible Answers:

$30

$30.60

$27

$22.95

$21.60

Correct answer:

$22.95

Explanation:

The sweater price starts at $36. Alice pays $36 – (.25 * $36) = $27. Chelsea then pays $27 – (.15 * $27) = $22.95, which is the correct answer.

When solving percentage questions such as this one, do NOT try to add up the discounts and find the final sale price all in one step. If you tried to do that here, the answer would have been $36 – (.25 + .15) * $36 = $21.60. This is an answer choice, but the wrong answer!  Most GRE percentage questions will always give you this as one of your answer choices to try and trick you!

Example Question #4 : How To Find The Sale Price

How much does a sweater cost that is 18% more than a $50 dress?

Possible Answers:

59

64

55

68

54

Correct answer:

59

Explanation:

18% of the dress is .18 * 50 = $9.  Then the sweater costs $50 + $9 = $59.

Example Question #11 : How To Find The Sale Price

Jenny is at a store and would like to buy a shirt. The shirt is labelled \dpi{100} \small 20\% off, and the store is having a store-wide sale where everything is \dpi{100} \small 15\% off. What percent of the original price does Jenny have to pay? 

Possible Answers:

\dpi{100} \small .68\%

\dpi{100} \small 68\%

\dpi{100} \small 75\%

\dpi{100} \small .75\%

\dpi{100} \small 65\%

Correct answer:

\dpi{100} \small 68\%

Explanation:

Based on the shirts label, Jenny should pay \dpi{100} \small 80\% of the full price. With the store's discount, she will pay \dpi{100} \small 85\% of this. Thus, she will pay \dpi{100} \small .8\times .85=.68 of the full price. This is equivalent to \dpi{100} \small 68\%

Example Question #81 : Percentage

A car dealer purchased a used truck, marked it up to make a 30% profit, then sold it at a 30% discount from the sticker price.

Quantity A: The amount that the dealer paid for the truck

Quantity B: The amount for which the dealer sold the truck

Possible Answers:

The two quantities are equal

The relationship cannot be determined from the information given

Quantity A is greater

Quantity B is greater

Correct answer:

Quantity A is greater

Explanation:

Since no price is given, you can pick $100 as the starting point for the value of the truck. $100 marked up 30% is $130, and the 30% discount brings it to $91.

Example Question #11 : Sale Prices

A retail chain wishes to make at least a  profit on a new item. If it can only sell its items for integer values, what is the lowest price it can sell the item for if it costs the chain  to purchase it?

Possible Answers:

None of the answers are correct.

Correct answer:

Explanation:

Let's begin by finding the absolute amount necessary for a 27% profit. Following that, we will adjust for the needs of having a whole number price.  If the sale price is S, we can set up the following equation:

(S – 23)/23 = 0.27

S – 23 = 6.21

S = 29.21

The product must, however, be sold for at least $30 because it has to be an integer value.

Example Question #12 : Sale Prices

A car dealer sold two trucks for  each, resulting in a  profit on one truck and a  loss on the other.

Quantity A: The dealer's net gain

Quantity B: The dealer's net loss

Possible Answers:

The two quantities are equal.

Quantity A is greater.

Quantity B is greater.

The relationship cannot be determined from the information given.

Correct answer:

Quantity B is greater.

Explanation:

For the profitable truck, the dealer bought it for , where . Therefore, .

For the unprofitable truck, the dealer bought it for , where . Therefore, .

Thus, the dealer's net profit is $8,000, and the dealer's net loss is $10,000.

His loss is greater than his profit, so Quantity B is larger.

Example Question #13 : Sale Prices

The price of a laptop is reduced by . During a markdown sale, the price is reduced by another . What is the total percentage discount?

Possible Answers:

Cannot be determined

Correct answer:

Explanation:

To solve this problem, imagine that the original price of the laptop is $100. After the first 20% discount, the price of the laptop becomes $80. With the additional 10% reduction, we discount from $80, not $100. 10% of 80 is 8 so we must deduct $8 from $80. This gives $72 as the final price of the laptop after both reductions. Since we started at $100, the total discount is 28%.

Example Question #1 : Permutation / Combination

A chamber of commerce board has seven total members, drawn from a pool of twenty candidates.   There are two stages in the board's election process.  First, a president, secretary, and treasurer are chosen.  After that, four members are chosen to be “at large” without any specific title or district.  How many possible boards could be chosen?

Possible Answers:

390,700,800

5,426,400

10,465,200

16,279,200

2,713,200

Correct answer:

16,279,200

Explanation:

We have to consider two cases.  First, the group containing the president, secretary, and treasurer represents a case of permutation.  Since the order matters in such a group, we can select from our initial 20 candidates 20 * 19 * 18, or 6840 possible groupings.

Following that, the at large group constitutes a case of combinations in which the order does not matter.  Since we have chosen 3 already for the first three slots, there will be 17 remaining people.  The formula for choosing 4-person sets out of 17 candidates is represented by the combination formula of this form:

17! / ((17-4)! * 4!) = 17! / (13! * 4!) = (17 * 16 * 15 * 14) / (4 * 3 * 2) = 17 * 4 * 5 * 7 = 2380

Thus, we have 6840 and 2380 possible groupings.  These can each be combined with each other, meaning that we have 6840  * 2380, or 16,279,200 potential boards.

Example Question #1 : Permutation / Combination

How many ordered samples of 5 cards can be drawn from a deck of 52 cards without replacement?

Possible Answers:

11,452,000

500,320,000

42,365,000

311,875,200

65,690,040

Correct answer:

311,875,200

Explanation:

The key points we need to remember are that order matters and that we are sampling without replacement.  This then becomes a simple permutation problem.  We have 52 cards to be chosen 5 at a time, so the answer is 52 * 51 * 50 * 49 * 48.

Example Question #1 : Permutation / Combination

Quantitative Comparison

3 cards are chosen from a standard 52-card deck.

Quantity A: The number of ways to choose 3 cards with replacement

Quantity B: The number of ways to choose 3 cards without replacement

Possible Answers:

Quantity B is greater.

The relationship cannot be determined from the information given.

The two quantities are equal.

Quantity A is greater.

Correct answer:

Quantity A is greater.

Explanation:

Quantity A says with replacement, so we have 52 ways to choose the first card, then we replace it so we again have 52 ways to choose the 2nd card, and similarly we have 52 ways to choose the 3rd card.  Therefore we have 52 * 52 * 52 ways of choosing 3 cards with replacement.

Quantity B says without replacement, so we have 52 ways to choose the first card, but then we don't put that card back in the deck so we have 51 ways to choose the second card. Again we don't put that card back, leaving 50 ways to choose the third card. Thus there are 52 * 51 * 50 ways of choosing 3 cards without replacement.

Clearly Quantity A is greater. In general, there should always be more ways to choose something with replacement than there are without replacement just as we showed above. If you already knew this, you could have picked Quantity A without the math. Notice that either way you come to the answer here, there is NO reason to finish the computations all the way through. This will save you time on many quantitative comparison problems. For example, we know that 52 * 52 * 52 is larger than 52 * 51 * 50 without actually figuring out what the two expressions equal.

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