GRE Prep Club Daily Prep
Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.
Customized
for You
Track
Your Progress
Practice
Pays
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
In 1998 the yearly expenses to run a certain small business
[#permalink]
05 Dec 2019, 11:14
05 Dec 2019, 11:14
Expert Reply
00:00
Question Stats:
76% (00:49) correct
23% (01:22) wrong based on 21 sessions
Hide Show timer Statistics
In 1998 the yearly expenses to run a certain small business were x dollars. In 1999 the yearly expenses to run the business increased by 10 percent of the 1998 yearly expenses. In 2000 the yearly expenses decreased by 5 percent of the 1999 yearly expenses.
A)The quantity in Column A is greater.
B)The quantity in Column B is greater.
C)The two quantities are equal.
D)The relationship cannot be determined from the information given.
Kudos for the right answer and explanation
Quantity A |
Quantity B |
The percent increase from 1998 to 2000 in the yearly expenses to run the business |
5% |
A)The quantity in Column A is greater.
B)The quantity in Column B is greater.
C)The two quantities are equal.
D)The relationship cannot be determined from the information given.
Kudos for the right answer and explanation
Re: In 1998 the yearly expenses to run a certain small business
[#permalink]
15 Jan 2020, 07:48
15 Jan 2020, 07:48
Carcass wrote:
In 1998 the yearly expenses to run a certain small business were x dollars. In 1999 the yearly expenses to run the business increased by 10 percent of the 1998 yearly expenses. In 2000 the yearly expenses decreased by 5 percent of the 1999 yearly expenses.
A)The quantity in Column A is greater.
B)The quantity in Column B is greater.
C)The two quantities are equal.
D)The relationship cannot be determined from the information given.
Kudos for the right answer and explanation
Quantity A |
Quantity B |
The percent increase from 1998 to 2000 in the yearly expenses to run the business |
5% |
A)The quantity in Column A is greater.
B)The quantity in Column B is greater.
C)The two quantities are equal.
D)The relationship cannot be determined from the information given.
Kudos for the right answer and explanation
Here,
QTY A = The percent increase from 1998 to 2000 in the yearly expenses to run the business = \(1 - ( 1.1 * 0.95) = 0.045 = 4.5\)%
QTY B = 5%
Option B
gmatclubot
Re: In 1998 the yearly expenses to run a certain small business [#permalink]
15 Jan 2020, 07:48
Moderators:
