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 2015, Navid’s annual salary increased from $ 50,000 to $
[#permalink]
21 May 2019, 01:42
21 May 2019, 01:42
Expert Reply
1
Bookmarks
00:00
Question Stats:
87% (00:53) correct
12% (01:06) wrong based on 93 sessions
Hide Show timer Statistics
In 2015, Navid’s annual salary increased from $ 50,000 to $ 60,000. In 2017, his annual salary increased from $ 60,000 to $ 70,800.
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.
Quantity A |
Quantity B |
The percent increase in Navid’s salary in 2015. |
The percent increase in Navid’s salary in 2017. |
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.
Re: In 2015, Navid’s annual salary increased from $ 50,000 to $
[#permalink]
06 Jul 2019, 01:35
06 Jul 2019, 01:35
1
1
Bookmarks
For 2015,
Increase is from 50000 to 60000 so,
% increase is given by 60000/50000 = 1.2 therefore 20%
For 2017
Increase is from 60000 to 70800 so,
% increase is given by 70800/60000 = 1.18 therefore 18%
option A
Increase is from 50000 to 60000 so,
% increase is given by 60000/50000 = 1.2 therefore 20%
For 2017
Increase is from 60000 to 70800 so,
% increase is given by 70800/60000 = 1.18 therefore 18%
option A
Retired Moderator
Joined: 16 Apr 2020
Status:Founder & Quant Trainer
Affiliations: Prepster Education
Posts: 1546
Given Kudos: 172
Location: India
WE:Education (Education)
Re: In 2015, Navid’s annual salary increased from $ 50,000 to $
[#permalink]
31 Mar 2021, 07:05
31 Mar 2021, 07:05
1
Carcass wrote:
In 2015, Navid’s annual salary increased from $ 50,000 to $ 60,000. In 2017, his annual salary increased from $ 60,000 to $ 70,800.
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.
Quantity A |
Quantity B |
The percent increase in Navid’s salary in 2015. |
The percent increase in Navid’s salary in 2017. |
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.
Col. A: \(\frac{(60000 - 50000)}{50000}\)
Col. B: \(\frac{(70800 - 60000)}{60000}\)
Col. A: \(\frac{10000}{50000}\)
Col. B: \(\frac{10800}{60000}\)
Col. A: \(\frac{1}{5}\)
Col. B: \(\frac{1.08}{6}\)
Cross multiply the denominators:
Col. A: \(6\)
Col. B: \((1.08)(5)\)
Clearly, option A
