A bicycle that originally cost $450 is on sale for $378. The sale price is what percentage of the original...
GMAT Problem-Solving and Data Analysis : (PS_DA) Questions
A bicycle that originally cost \(\$450\) is on sale for \(\$378\). The sale price is what percentage of the original price?
\(16\%\)
\(72\%\)
\(84\%\)
\(92\%\)
1. TRANSLATE the problem information
- Given information:
- Original price: \(\$450\)
- Sale price: \(\$378\)
- What we need: Sale price as a percentage of original price
2. TRANSLATE the question into mathematical form
- "What percentage of the original price" means: \((\mathrm{Sale~Price} \div \mathrm{Original~Price}) \times 100\%\)
- Set up: \((\$378 \div \$450) \times 100\%\)
3. SIMPLIFY the fraction before calculating
- Look for common factors in 378 and 450
- Both are divisible by 18:
- \(378 \div 18 = 21\)
- \(450 \div 18 = 25\)
- Simplified fraction: \(\frac{21}{25}\)
4. SIMPLIFY to convert to percentage
- To make denominator 100, multiply both parts by 4:
- \(\frac{21 \times 4}{25 \times 4} = \frac{84}{100}\)
- \(\frac{84}{100} = 84\%\)
Answer: C) 84%
Why Students Usually Falter on This Problem
Most Common Error Path:
Poor TRANSLATE reasoning: Students misinterpret the question and calculate the discount percentage instead of the sale price percentage.
They think: "How much of a discount is this?" and calculate:
\((\mathrm{Original~Price} - \mathrm{Sale~Price}) \div \mathrm{Original~Price}\)
\((\$450 - \$378) \div \$450\)
\(\$72 \div \$450 = 16\%\)
This leads them to select Choice A (16%)
Second Most Common Error:
Weak SIMPLIFY execution: Students set up the problem correctly but make arithmetic errors when reducing fractions or converting to percentages.
Common mistakes include incorrectly finding the GCD, making multiplication errors when converting \(\frac{21}{25}\) to a percentage, or miscalculating intermediate steps. This leads to confusion and guessing among the remaining choices.
The Bottom Line:
The key challenge is correctly interpreting what "percentage of the original price" means - it's asking for the sale price as a fraction of the original, not the discount amount.
\(16\%\)
\(72\%\)
\(84\%\)
\(92\%\)