Source: Official Guide for the GMAT 12th Ed. Section 5.3 Problem Solving; #13

2

When Leo imported a certain item, he

When Leo imported a certain item, he paid a 7 percent import tax on the portion of the total value of the item in excess of $1,000. If the amount of the import tax that Leo paid was $87.50, what was the total value of the item? $1,600, $1,850, $2,250, $2,400, $2,750

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1

Gravatar Mike McGarry, Magoosh Tutor

Nov 2, 2012 • Comment

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Section 5.3 Problem Solving

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