DA0-001 · Question #262
A home builder is offering a 30% discount on condominium units. Given the table below: Which of the following is the range of savings for the units listed in the table?
The correct answer is B. $241,500 to $367,500. Given a 30% discount on condominium units, the range of savings is calculated by applying the discount percentage to the minimum and maximum unit prices from the provided table.
Question
A home builder is offering a 30% discount on condominium units. Given the table below:
Which of the following is the range of savings for the units listed in the table?
Exhibit
Options
- A$103,500 to $157,500
- B$241,500 to $367,500
- C$320,000 to $386,000
- D$345,000 to $525,000
How the community answered
(21 responses)- B76% (16)
- C14% (3)
- D10% (2)
Why each option
Given a 30% discount on condominium units, the range of savings is calculated by applying the discount percentage to the minimum and maximum unit prices from the provided table.
This range would correspond to a different set of original unit prices than those which yield the correct answer, indicating incorrect minimum and maximum unit prices were assumed or calculated.
To determine the range of savings, the 30% discount is applied to the lowest and highest unit prices listed in the table. If the lowest unit price is $805,000, the savings would be $805,000 * 0.30 = $241,500, and if the highest unit price is $1,225,000, the savings would be $1,225,000 * 0.30 = $367,500. Thus, the range of savings is from $241,500 to $367,500.
This range does not accurately represent a 30% discount applied to any realistic unit prices that would result in the correct answer range.
This range represents the original unit prices themselves, not the calculated savings amount after applying the 30% discount.
Concept tested: Percentage calculations - discount savings range
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