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Education / Re: Are You Game?! Try This Quantitative Reasonin Question. by CarlOzeki: 12:29am On Jul 23, 2014
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Education / Re: Are You Game?! Try This Quantitative Reasonin Question. by CarlOzeki: 11:56pm On Jul 22, 2014
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Education / Re: Are You Game?! Try This Quantitative Reasonin Question. by CarlOzeki: 11:40pm On Jul 22, 2014
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Education / Re: Are You Game?! Try This Quantitative Reasonin Question. by CarlOzeki: 11:31pm On Jul 22, 2014
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Education / Re: Not For The Weak Minds; Try This Quantitative Reasoning Question. by CarlOzeki: 12:30am On Jul 21, 2014
The easiest and quickest way to solve the question is to pick a number

Assume Kelly had #100.
She leaves home with 20% of that (#20) and leaves #80 at home.

The manufacturers list price is 25% higher than her #20. This is 125% or 1.25 x 20 which is #25 (Manufacturer List price)

The inflation adjusted price is 50% of what she left at home. This is 50% or 0.5 x 80 which is #40 (Inflation adjusted price)

The inflation adjusted price represents a 14 2/7% mark up on the original price. 14 2/7 is 100/7%. Since it's a markup, the inflation price is (100 + {100/7})% of the original price. This is 800/7%. Changing that to fraction is 8/7. Hence, 8/7 x original price = Inflation adjusted price = #40.
Original price = 40 x 7/8 = #35

We have all the prices now.

1. Difference between original price and initial/manufacturer price = 35 - 25 = 10
10/100 = 0.1
The answer to the first question is 10% if considering her total #100 or 12.5% if considering only the money she left at home.

2. This question makes no sense because the item has not actually been sold so there can't be any profit.
If you assume the profit from selling at the markup price of #40 and also assuming that the cost price is the manufacturer list price of #25, then the profit is #15. Hence the markup price percentage of the profit is 40/15 = 266.7%

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Video Games And Gadgets For Sale / Re: PS3 Slim Console (120GB) + 8 Games + Accessories For #40K by CarlOzeki: 1:25pm On Dec 16, 2013
Sold.
Mods close thread please.
Video Games And Gadgets For Sale / PS3 Slim Console (120GB) + 8 Games + Accessories For #40K by CarlOzeki: 12:21pm On Dec 15, 2013
Hi,

I have a PS3 slim in great condition for sale. It has a hard drive capacity of 120GB as stated in the title. The PS3 has never had any issues and is in perfect working condition.

The games included are;

Super street fighter 4: Arcade Edition
Ultimate Marvel vs Capcom 3
Soul Calibur 5
Metal Gear Rising: Revengeance
Devil May Cry 3: HD Collection
Shadow of the Colossus & Ico: HD Collection
The Amazing Spiderman
Gran Turismo 5

The accessories included are;

1 Official Sony DS3 controller
1 Hori Fighting Commander 3 Pro Controller
1 Official Sony PS3 Remote
1 Bluetooth Headset
1 HDMI Cable
1 Power Cable

My asking price is 40,000 Naira for the lot.

Location: Lagos (Island)
Number: 09092168449

Pictures are included below and thanks for looking.

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