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.
If from 1996 to 2000 the percent increase in total exports t
[#permalink]
24 Jan 2019, 05:25
24 Jan 2019, 05:25
1
Expert Reply
2
Bookmarks
00:00
Question Stats:
65% (02:10) correct
34% (02:42) wrong based on 38 sessions
Hide Show timer Statistics
Attachment:
#GREpracticequestion If from 1996 to 2000 the percent increase in total exports..jpg [ 66.93 KiB | Viewed 7161 times ]
Attachment:
#GREpracticequestion If from 1996 to 2000 the percent increase in total exports(2).jpg [ 66.3 KiB | Viewed 7128 times ]
If from 1996 to 2000 the percent increase in total exports to Eastern Europe was the same as the percent increase from 1993 to 1996, and the percent of exports from the European Union remained the same as in 1996, to the nearest billion, what was the value, in dollars, of exports from the European Union to Eastern Europe in 2000?
$
Show: :: OA
198
Re: If from 1996 to 2000 the percent increase in total exports t
[#permalink]
30 Jan 2019, 08:22
30 Jan 2019, 08:22
3
Usually in such questions ball parking would be a better approach however this is a numeric entry question and so try to work with the exact information given to reach the closest approximation to the right answer.
First of all find the % increase from 2003 to 2006.
Which is \(\frac{174 - 98}{98} * 100 = 77.55%\)
Now if we increase the 2006 exports amount by 77.55% we get \(174*1.7755 = 308.937\)
In 1993 % of exports from European Union was 64%
Hence if the % of exports from European Union remained the same for 2000 the export amount would be \(\frac{64}{100} * 308.937 = 197.71\) approx. 198.
First of all find the % increase from 2003 to 2006.
Which is \(\frac{174 - 98}{98} * 100 = 77.55%\)
Now if we increase the 2006 exports amount by 77.55% we get \(174*1.7755 = 308.937\)
In 1993 % of exports from European Union was 64%
Hence if the % of exports from European Union remained the same for 2000 the export amount would be \(\frac{64}{100} * 308.937 = 197.71\) approx. 198.
Re: If from 1996 to 2000 the percent increase in total exports t
[#permalink]
24 Apr 2024, 05:24
24 Apr 2024, 05:24
Hello from the GRE Prep Club BumpBot!
Thanks to another GRE Prep Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).
Want to see all other topics I dig out? Follow me (click follow button on profile). You will receive a summary of all topics I bump in your profile area as well as via email.
Thanks to another GRE Prep Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).
Want to see all other topics I dig out? Follow me (click follow button on profile). You will receive a summary of all topics I bump in your profile area as well as via email.
