Find all School-related info fast with the new School-Specific MBA Forum

 It is currently 19 Apr 2015, 11:09

### GMAT 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

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

Practice
Pays

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

# Events & Promotions

###### Events & Promotions in June
Open Detailed Calendar

# 2001, the closing price of stock A and stock B are the same.

Author Message
TAGS:
Manager
Joined: 29 Jul 2009
Posts: 120
Followers: 2

Kudos [?]: 25 [0], given: 23

2001, the closing price of stock A and stock B are the same. [#permalink]  15 Dec 2009, 05:00
00:00

Difficulty:

(N/A)

Question Stats:

0% (00:00) correct 0% (00:00) wrong based on 0 sessions
2001, the closing price of stock A and stock B are the same. 2002, the closing price of two stocks both
increased and price of A increased more than price of B. By what percent was the price increase of stock A
greater than the price increase of stock B?
(1) 2002, the closing price of stock A is 8% greater than the closing price of stock B.
(2) The closing price of stock A is increased by 15% from 2001 to 2002.

Verbal Forum Moderator
Joined: 02 Aug 2009
Posts: 866
Followers: 22

Kudos [?]: 329 [0], given: 16

Re: Percent of Increase!!! [#permalink]  15 Dec 2009, 05:13
C...
sI gives us the % diff in two stocks but to know the ans asked we also req to know the value of any of the increases...
sII gives us % incr on one stock but not related incr in two stocks..
when combined... n taking the initial value of two as 'x',any variable..we can get the ans
Manager
Joined: 09 May 2009
Posts: 204
Followers: 1

Kudos [?]: 110 [1] , given: 13

Re: Percent of Increase!!! [#permalink]  15 Dec 2009, 05:17
1
KUDOS
imo c

on exam day solving this is waste of time

let closing stock of 2001 for bth A and B as x1 and of 2002 for A x2 and for B x3

q is asking for the value of [[(x2-x1)-(x3-x1)]/(x3-x1)]*100

s1) x2=108*x3/100 insuff.
s2) x2=115*x1/100 insuff.

combining suff. we can get the value using bth the eqn
_________________

GMAT is not a game for losers , and the moment u decide to appear for it u are no more a loser........ITS A BRAIN GAME

Re: Percent of Increase!!!   [#permalink] 15 Dec 2009, 05:17
Similar topics Replies Last post
Similar
Topics:
41 Yesterday's closing prices of 2,420 different stocks listed 24 14 Sep 2012, 21:18
stocks 2 25 Oct 2011, 23:07
2 2001, the closing price of stock A and stock B are the same. 4 20 Aug 2010, 10:51
Each business day the price of stocks is posted at the stock 6 07 Sep 2009, 05:45
stock 6 27 Sep 2007, 13:41
Display posts from previous: Sort by