GMAT Problem Solving

Home > GMAT Test > GMAT Problem Solving Questions

Next steps

Source: PREP

Level: 2

An auction house charges a commission of 15 percent on the first $50,000 of the sale price of an item, plus 10 percent on the amount of the sale price in excess of $50,000. What was the sale price of a painting for which the auction house charged a total commission of $24,000 ?

  • A 115000
  • B 160000
  • C 215000
  • D 240000
  • E 365000

Show Answer

Previous       Next