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GMAT Test Prep : Quantitative Problem Solving Test VI


Choose the best answer from the choices given.
All numbers used are real numbers.

Formats Worksheet / Test Paper Quiz Review
Multiple choice

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A merchant sold two gold coins for $450 each. He sold the first coin for 25 percent less than its cost and the second coin for 50 percent more than its cost. What was his total net gain or loss, if any?

  Loss of $112.50

  Gain of $112.50

  Loss of $337.50

  Gain of $337.50

  There was NO total net gain or loss.

  Half-n-half Clue
 

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