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.
Which of the funds had the greatest percent increase in its
[#permalink]
21 Oct 2018, 02:28
21 Oct 2018, 02:28
Expert Reply
00:00
Question Stats:
80% (00:50) correct
20% (01:06) wrong based on 25 sessions
Hide Show timer Statistics
Attachment:
graph.jpg [ 121.07 KiB | Viewed 5695 times ]
Which of the funds had the greatest percent increase in its price from the beginning to the end of the measured period?
A. Fund A
B. Fund B
C. Fund C
D. Fund D
E. Fund E
Re: Which of the funds had the greatest percent increase in its
[#permalink]
09 Sep 2019, 09:22
09 Sep 2019, 09:22
1
Fund A Beginning price = (600)($24) = 14,400
Fund A end price = (600)($27) = 16,200
Fund B beginning price = (500)($12) = 6000
Fund B end price = (500)($16) = 8000
Fund C beginning price = (1000)($20) = 20,000
Fund C end price = (1000)($22) = 22,000
Fund D beginning price = (300)($40) = 12,000
Fund D end price = (300)($42) = 12,600
Fund E beginning price = (600)($45) = 27,000
Fund E end price = (600)($45) = 27,000
Percentage increase of Fund B = 33.33
Percentage increase of Fund C = 10
So, Answer is B.
Fund A end price = (600)($27) = 16,200
Fund B beginning price = (500)($12) = 6000
Fund B end price = (500)($16) = 8000
Fund C beginning price = (1000)($20) = 20,000
Fund C end price = (1000)($22) = 22,000
Fund D beginning price = (300)($40) = 12,000
Fund D end price = (300)($42) = 12,600
Fund E beginning price = (600)($45) = 27,000
Fund E end price = (600)($45) = 27,000
Percentage increase of Fund B = 33.33
Percentage increase of Fund C = 10
So, Answer is B.
Moderators:
