Last visit was: 28 Dec 2024, 17:08 It is currently 28 Dec 2024, 17:08
Decision Tracker
My Rewards
New comers' posts
New posts
Unanswered

Close

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

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GRE score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Go to My Error Log Learn more
Close

Request Expert Reply

Confirm Cancel
PREVIOUS TOPIC
NEXT TOPIC

In 2015, Navid’s annual salary increased from $ 50,000 to $

Tags :
Find Similar Topics  About  Add a Tag

Show Tags
Hide Tags

User avatar
D
Carcass
Verbal Expert
Joined: 18 Apr 2015
Posts: 30528
Own Kudos [?]: 36900 [1]
Given Kudos: 26121
Send PM
In 2015, Navid’s annual salary increased from $ 50,000 to $ [#permalink] New post   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.

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.
ShowHide Answer
Official Answer
A
User avatar
B
amorphous
Retired Moderator
Joined: 07 Jan 2018
Posts: 739
Own Kudos [?]: 1462 [2]
Given Kudos: 93
Send PM

Top Member of the Month
Re: In 2015, Navid’s annual salary increased from $ 50,000 to $ [#permalink] New post   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
User avatar
D
KarunMendiratta
Retired Moderator
Joined: 16 Apr 2020
Status:Founder & Quant Trainer
Affiliations: Prepster Education
Posts: 1546
Own Kudos [?]: 3274 [1]
Given Kudos: 172
Location: India
WE:Education (Education)
Send PM
Re: In 2015, Navid’s annual salary increased from $ 50,000 to $ [#permalink] New post   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.

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
avatar
S
mysterymanrog
Manager
Manager
Joined: 11 Jun 2023
Posts: 77
Own Kudos [?]: 78 [1]
Given Kudos: 14
Send PM
Re: In 2015, Navids annual salary increased from $ 50,000 to $ [#permalink] New post   24 Jun 2023, 14:09
1
There is no need to even calculate:
Increasing 60,000 by 10,000 is less of a % increase than increasing 50,000 by 10,000. We know this because the value of the increase is the same, however QB has a larger base value - therefore the % must be smaller
Prep Club for GRE Bot
gmatclubot
Re: In 2015, Navids annual salary increased from $ 50,000 to $ [#permalink]
24 Jun 2023, 14:09
Moderators:
adewale223
GRE Instructor
88 posts
bronaugust
GRE Forum Moderator
37 posts
BrushMyQuant
Moderator
1116 posts
VibhuAnurag
GRE Instructor
234 posts

Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne

Main navigation

Partners

GRE Resources

www.ets.org/gre | About | Terms and Conditions and Privacy Policy | Prep Club for GRE Rules | Contact