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The rent for each room at Hotel X was $ 120 before it was increased 1

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Carcass
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The rent for each room at Hotel X was $ 120 before it was increased 1 [#permalink] New post   23 Jul 2021, 10:49
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The rent for each room at Hotel X was $ 120 before it was increased 10 percent.


Quantity A
Quantity B
The rent for each room
at Hotel X immediately
after the increase
$132



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.

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Question part of the project GRE Quantitative Reasoning Daily Challenge - (2021) EDITION
GRE - Math Book
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C
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The rent for each room at Hotel X was $ 120 before it was increased 1 [#permalink] New post   23 Jul 2021, 11:03
Carcass wrote:
The rent for each room at Hotel X was $ 120 before it was increased 10 percent.


Quantity A
Quantity B
The rent for each room
at Hotel X immediately
after the increase
$132



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.


If the initial price of an item is \(x\) and it is increased by \(k\)%, then the final price can be written as \((1.k)x\)

Using the same concept, \(10\)% increase is \(1.10\)

Col. A: 1.10(120) = 132
Col. B: 132

Hence, option C
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Re: The rent for each room at Hotel X was $ 120 before it was increased 1 [#permalink] New post   04 Oct 2022, 12:13
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).

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Re: The rent for each room at Hotel X was $ 120 before it was increased 1 [#permalink]
04 Oct 2022, 12:13
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