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Question refer to the following information.

The Townsend Realty Group invested in the five different properties listed in the table above. The table shows the amount, in dollars, the company paid for each property and the corresponding monthly rental price, in dollars, the company charges for the property at each of the five locations.
Townsend Realty purchased the Glenview Street property and received a 40% discount off the original price along with an additional 20% off the discounted price for purchasing the property in cash. Which of the following best approximates the original price, in dollars, of the Glenview Street property?
  • a)
    $350,000
  • b)
    $291,700
  • c)
    $233,300
  • d)
    $175,000
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Question refer to the following information.The Townsend Realty Group ...
Let x be the original price, in dollars, of the Glenview Street property. After the 40% discount, the price of the property became 0.6x dollars, and after the additional 20% off the discounted price, the price of the property became 0.8(0.6x). Thus, in terms of the original price of the property, x, the purchase price of the property is 0.48x. It follows that 0.48x = 140,000. Solving this equation for x gives x = 291, 666.6. Therefore, of the given choices, $291,700 best approximates the original price of the Glenview Street property.
Choice A is incorrect because it is the result of dividing the purchase price of the property by 0.4, as though the purchase price were 40% of the original price. Choice C is incorrect because it is the closest to dividing the purchase price of the property by 0.6, as though the purchase price were 60% of the original price. Choice D is incorrect because it is the result of dividing the purchase price of the property by 0.8, as though the purchase price were 80% of the original price. 
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Question refer to the following information.The Townsend Realty Group ...
Let x be the original price, in dollars, of the Glenview Street property. After the 40% discount, the price of the property became 0.6x dollars, and after the additional 20% off the discounted price, the price of the property became 0.8(0.6x). Thus, in terms of the original price of the property, x, the purchase price of the property is 0.48x. It follows that 0.48x = 140,000. Solving this equation for x gives x = 291, 666.6. Therefore, of the given choices, $291,700 best approximates the original price of the Glenview Street property.
Choice A is incorrect because it is the result of dividing the purchase price of the property by 0.4, as though the purchase price were 40% of the original price. Choice C is incorrect because it is the closest to dividing the purchase price of the property by 0.6, as though the purchase price were 60% of the original price. Choice D is incorrect because it is the result of dividing the purchase price of the property by 0.8, as though the purchase price were 80% of the original price. 
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Question refer to the following information.The Townsend Realty Group invested in the five different properties listed in the table above. The table shows the amount, in dollars, the company paid for each property and the corresponding monthly rental price, in dollars, the company charges for the property at each of the five locations.Townsend Realty purchased the Glenview Street property and received a 40% discount off the original price along with an additional 20% off the discounted price for purchasing the property in cash. Which of the following best approximates the original price, in dollars, of the Glenview Street property?a)$350,000b)$291,700c)$233,300d)$175,000Correct answer is option 'B'. Can you explain this answer?
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Question refer to the following information.The Townsend Realty Group invested in the five different properties listed in the table above. The table shows the amount, in dollars, the company paid for each property and the corresponding monthly rental price, in dollars, the company charges for the property at each of the five locations.Townsend Realty purchased the Glenview Street property and received a 40% discount off the original price along with an additional 20% off the discounted price for purchasing the property in cash. Which of the following best approximates the original price, in dollars, of the Glenview Street property?a)$350,000b)$291,700c)$233,300d)$175,000Correct answer is option 'B'. Can you explain this answer? for SAT 2025 is part of SAT preparation. The Question and answers have been prepared according to the SAT exam syllabus. Information about Question refer to the following information.The Townsend Realty Group invested in the five different properties listed in the table above. The table shows the amount, in dollars, the company paid for each property and the corresponding monthly rental price, in dollars, the company charges for the property at each of the five locations.Townsend Realty purchased the Glenview Street property and received a 40% discount off the original price along with an additional 20% off the discounted price for purchasing the property in cash. Which of the following best approximates the original price, in dollars, of the Glenview Street property?a)$350,000b)$291,700c)$233,300d)$175,000Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for SAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Question refer to the following information.The Townsend Realty Group invested in the five different properties listed in the table above. The table shows the amount, in dollars, the company paid for each property and the corresponding monthly rental price, in dollars, the company charges for the property at each of the five locations.Townsend Realty purchased the Glenview Street property and received a 40% discount off the original price along with an additional 20% off the discounted price for purchasing the property in cash. Which of the following best approximates the original price, in dollars, of the Glenview Street property?a)$350,000b)$291,700c)$233,300d)$175,000Correct answer is option 'B'. Can you explain this answer?.
Solutions for Question refer to the following information.The Townsend Realty Group invested in the five different properties listed in the table above. The table shows the amount, in dollars, the company paid for each property and the corresponding monthly rental price, in dollars, the company charges for the property at each of the five locations.Townsend Realty purchased the Glenview Street property and received a 40% discount off the original price along with an additional 20% off the discounted price for purchasing the property in cash. Which of the following best approximates the original price, in dollars, of the Glenview Street property?a)$350,000b)$291,700c)$233,300d)$175,000Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for SAT. Download more important topics, notes, lectures and mock test series for SAT Exam by signing up for free.
Here you can find the meaning of Question refer to the following information.The Townsend Realty Group invested in the five different properties listed in the table above. The table shows the amount, in dollars, the company paid for each property and the corresponding monthly rental price, in dollars, the company charges for the property at each of the five locations.Townsend Realty purchased the Glenview Street property and received a 40% discount off the original price along with an additional 20% off the discounted price for purchasing the property in cash. Which of the following best approximates the original price, in dollars, of the Glenview Street property?a)$350,000b)$291,700c)$233,300d)$175,000Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Question refer to the following information.The Townsend Realty Group invested in the five different properties listed in the table above. The table shows the amount, in dollars, the company paid for each property and the corresponding monthly rental price, in dollars, the company charges for the property at each of the five locations.Townsend Realty purchased the Glenview Street property and received a 40% discount off the original price along with an additional 20% off the discounted price for purchasing the property in cash. Which of the following best approximates the original price, in dollars, of the Glenview Street property?a)$350,000b)$291,700c)$233,300d)$175,000Correct answer is option 'B'. Can you explain this answer?, a detailed solution for Question refer to the following information.The Townsend Realty Group invested in the five different properties listed in the table above. The table shows the amount, in dollars, the company paid for each property and the corresponding monthly rental price, in dollars, the company charges for the property at each of the five locations.Townsend Realty purchased the Glenview Street property and received a 40% discount off the original price along with an additional 20% off the discounted price for purchasing the property in cash. Which of the following best approximates the original price, in dollars, of the Glenview Street property?a)$350,000b)$291,700c)$233,300d)$175,000Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of Question refer to the following information.The Townsend Realty Group invested in the five different properties listed in the table above. The table shows the amount, in dollars, the company paid for each property and the corresponding monthly rental price, in dollars, the company charges for the property at each of the five locations.Townsend Realty purchased the Glenview Street property and received a 40% discount off the original price along with an additional 20% off the discounted price for purchasing the property in cash. Which of the following best approximates the original price, in dollars, of the Glenview Street property?a)$350,000b)$291,700c)$233,300d)$175,000Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Question refer to the following information.The Townsend Realty Group invested in the five different properties listed in the table above. The table shows the amount, in dollars, the company paid for each property and the corresponding monthly rental price, in dollars, the company charges for the property at each of the five locations.Townsend Realty purchased the Glenview Street property and received a 40% discount off the original price along with an additional 20% off the discounted price for purchasing the property in cash. Which of the following best approximates the original price, in dollars, of the Glenview Street property?a)$350,000b)$291,700c)$233,300d)$175,000Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice SAT tests.
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