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

It is currently 25 May 2013, 10:11
Customize  |  Hide

Company P had 15 percent more employees in December than it

  Question banks Downloads My Bookmarks Reviews  
Author Message
TAGS:
GMAT Club team member
User avatar
Joined: 02 Sep 2009
Posts: 11633
Followers: 1802

Kudos [?]: 9611 [0], given: 829

Company P had 15 percent more employees in December than it [#permalink] New post 08 Oct 2012, 01:49
00:00

Question Stats:

68% (01:52) correct 31% (01:13) wrong based on 5 sessions
The Official Guide for GMAT® Review, 13th Edition - Quantitative Questions Project

Company P had 15 percent more employees in December than it had in January. If Company P had 460 employees in December, how many employees did it have in January?

(A) 391
(B) 400
(C) 410
(D) 423
(E) 445

Practice Questions
Question: 57
Page: 159
Difficulty: 550


GMAT Club is introducing a new project: The Official Guide for GMAT® Review, 13th Edition - Quantitative Questions Project

Each week we'll be posting several questions from The Official Guide for GMAT® Review, 13th Edition and then after couple of days we'll provide Official Answer (OA) to them along with a slution.

We'll be glad if you participate in development of this project:
1. Please provide your solutions to the questions;
2. Please vote for the best solutions by pressing Kudos button;
3. Please vote for the questions themselves by pressing Kudos button;
4. Please share your views on difficulty level of the questions, so that we have most precise evaluation.

Thank you!
[Reveal] Spoiler: OA

_________________

PLEASE READ AND FOLLOW: 11 Rules for Posting!!!

RESOURCES: [GMAT MATH BOOK]; 1. Triangles; 2. Polygons; 3. Coordinate Geometry; 4. Factorials; 5. Circles; 6. Number Theory

COLLECTION OF QUESTIONS:
PS: 1. Tough and Tricky questions; 2. Hard questions; 3. Hard questions part 2; 4. Standard deviation; 5. Tough Problem Solving Questions With Solutions; 6. Probability and Combinations Questions With Solutions; 7 Tough and tricky exponents and roots questions; 8 12 Easy Pieces (or not?); 9 Bakers' Dozen; 10 Algebra set. NEW!!!

DS: 1. DS tough questions; 2. DS tough questions part 2; 3. DS tough questions part 3; 4. DS Standard deviation; 5. Inequalities; 6. 700+ GMAT Data Sufficiency Questions With Explanations; 7 Tough and tricky exponents and roots questions; 8 The Discreet Charm of the DS ; 9 Devil's Dozen!!!; 10 Number Properties set. NEW!!!


What are GMAT Club Tests?
25 extra-hard Quant Tests

Find out what's new at GMAT Club - latest features and updates

Kaplan GMAT Prep Discount CodesKnewton GMAT Discount CodesManhattan GMAT Discount Codes
GMAT Club team member
User avatar
Joined: 02 Sep 2009
Posts: 11633
Followers: 1802

Kudos [?]: 9611 [0], given: 829

Re: Company P had 15 percent more employees in December than it [#permalink] New post 08 Oct 2012, 01:50
1 KUDOS received
Director
Director
User avatar
Joined: 02 Jul 2012
Posts: 767
Location: India
Concentration: Strategy
GMAT 1: 740 Q49 V42
GPA: 3.8
WE: Engineering (Energy and Utilities)
Followers: 19

Kudos [?]: 260 [1] , given: 45

GMAT Tests User
Re: Company P had 15 percent more employees in December than it [#permalink] New post 08 Oct 2012, 02:31
1
This post received
KUDOS
Bunuel wrote:
The Official Guide for GMAT® Review, 13th Edition - Quantitative Questions Project

Company P had 15 percent more employees in December than it had in January. If Company P had 460 employees in December, how many employees did it have in January?

(A) 391
(B) 400
(C) 410
(D) 423
(E) 445

Practice Questions
Question: 57
Page: 159
Difficulty: 600


GMAT Club is introducing a new project: The Official Guide for GMAT® Review, 13th Edition - Quantitative Questions Project

Each week we'll be posting several questions from The Official Guide for GMAT® Review, 13th Edition and then after couple of days we'll provide Official Answer (OA) to them along with a slution.

We'll be glad if you participate in development of this project:
1. Please provide your solutions to the questions;
2. Please vote for the best solutions by pressing Kudos button;
3. Please vote for the questions themselves by pressing Kudos button;
4. Please share your views on difficulty level of the questions, so that we have most precise evaluation.

Thank you!

[Reveal] Spoiler:
No. of employees in December = 1.15 * No. of employees in January
No. of employees in January = No. of employees in december / 1.15 = 460/1.15
= 400

Answer is B

_________________

Kudos Please... If my post helped.

Thanks To The Almighty - My GMAT Debrief
My Own CR Question 1|My Own CR Question 2|My Own DS Question 1|My Own DS Question 2|
My Own PS Question 1

1 KUDOS received
Senior Manager
Senior Manager
Joined: 24 Aug 2009
Posts: 288
Schools: Harvard, Columbia, Stern, Booth, LSB,
Followers: 2

Kudos [?]: 138 [1] , given: 220

Re: Company P had 15 percent more employees in December than it [#permalink] New post 08 Oct 2012, 02:47
1
This post received
KUDOS
Number of employees in Jan = 460 /1.15 = 400
Answer B
_________________

If you like my Question/Explanation or the contribution, Kindly appreciate by pressing KUDOS.
Kudos always maximizes GMATCLUB worth
-Game Theory

1 KUDOS received
Director
Director
User avatar
Joined: 22 Mar 2011
Posts: 608
WE: Science (Education)
Followers: 43

Kudos [?]: 267 [1] , given: 43

GMAT Tests User
Re: Company P had 15 percent more employees in December than it [#permalink] New post 08 Oct 2012, 04:39
1
This post received
KUDOS
Bunuel wrote:
The Official Guide for GMAT® Review, 13th Edition - Quantitative Questions Project

Company P had 15 percent more employees in December than it had in January. If Company P had 460 employees in December, how many employees did it have in January?

(A) 391
(B) 400
(C) 410
(D) 423
(E) 445

Practice Questions
Question: 57
Page: 159
Difficulty: 600


GMAT Club is introducing a new project: The Official Guide for GMAT® Review, 13th Edition - Quantitative Questions Project

Each week we'll be posting several questions from The Official Guide for GMAT® Review, 13th Edition and then after couple of days we'll provide Official Answer (OA) to them along with a slution.

We'll be glad if you participate in development of this project:
1. Please provide your solutions to the questions;
2. Please vote for the best solutions by pressing Kudos button;
3. Please vote for the questions themselves by pressing Kudos button;
4. Please share your views on difficulty level of the questions, so that we have most precise evaluation.

Thank you!


Since 15%=\frac{15}{100}=\frac{3}{20}, it means that 460 represents 23/20 of the number of employees in January. Then, 1/20 of that number is 460/23 = 20.
Therefore, the number of employees in January was 20\cdot20=400.

Answer B.

PS Bunuel, just another small typo...see above (slution). And I am mad at myself, why I didn't see it before...
_________________

PhD in Applied Mathematics
Love GMAT Quant questions and running.


Last edited by EvaJager on 08 Oct 2012, 07:11, edited 2 times in total.
1 KUDOS received
Chat Moderator
User avatar
Joined: 31 Oct 2011
Posts: 257
GMAT 1: 690 Q45 V40
WE: Asset Management (Mutual Funds and Brokerage)
Followers: 17

Kudos [?]: 72 [1] , given: 31

Re: Company P had 15 percent more employees in December than it [#permalink] New post 08 Oct 2012, 04:53
1
This post received
KUDOS
If J = # of employees in January, and D = # of employees in December..
D = (J + 15% of J) = (1.15)*J Plug in known values (D = 460)
Therefore, (1.15)*J = 460 Solve for J
J = 460/(1.15) = 400 B
_________________

My Blog: http://hamm0.wordpress.com/
Most Recent Post: Points, Runs, and Goals Essays

1 KUDOS received
Director
Director
User avatar
Status: Final Countdown
Joined: 17 Mar 2010
Posts: 566
Location: India
GPA: 3.82
WE: Account Management (Retail Banking)
Followers: 10

Kudos [?]: 69 [1] , given: 75

Re: Company P had 15 percent more employees in December than it [#permalink] New post 08 Oct 2012, 06:49
1
This post received
KUDOS
Let the no. of employees in Jan=x
Therefore the no.of employees in Dec will be =Total employees in Jan PLUS increased no of employees
=>{x + (15% of x)}
=> 1.15x

It is given that;
Total no.of employees in Dec = 460
so, 1.15x=460
solve for x , we will get x= 400

Answer: B
_________________

" Make more efforts "
Press Kudos if you liked my post

1 KUDOS received
Director
Director
User avatar
Status: Disappointed devil..
Joined: 15 Sep 2012
Posts: 592
Location: India
Concentration: Strategy, General Management
WE: Information Technology (Computer Software)
Followers: 20

Kudos [?]: 225 [1] , given: 23

GMAT ToolKit User
Re: Company P had 15 percent more employees in December than it [#permalink] New post 09 Oct 2012, 22:05
1
This post received
KUDOS
First, we need to determine which one to use for base January or December, that is whether,
J= 1.15D
Or
0.85J = D

The question says . employees in December are 15% more than in January. Therefore we are actually taking J as base and hence get number of employees in December as D=115% of J => 1.15J
Or 1.15J =460 => J =400 Ans (B)


Bunuel wrote:
The Official Guide for GMAT® Review, 13th Edition - Quantitative Questions Project

Company P had 15 percent more employees in December than it had in January. If Company P had 460 employees in December, how many employees did it have in January?

(A) 391
(B) 400
(C) 410
(D) 423
(E) 445

Practice Questions
Question: 57
Page: 159
Difficulty: 600


GMAT Club is introducing a new project: The Official Guide for GMAT® Review, 13th Edition - Quantitative Questions Project

Each week we'll be posting several questions from The Official Guide for GMAT® Review, 13th Edition and then after couple of days we'll provide Official Answer (OA) to them along with a slution.

We'll be glad if you participate in development of this project:
1. Please provide your solutions to the questions;
2. Please vote for the best solutions by pressing Kudos button;
3. Please vote for the questions themselves by pressing Kudos button;
4. Please share your views on difficulty level of the questions, so that we have most precise evaluation.

Thank you!

_________________

Lets Kudos!!! ;-)
Black Friday Debrief
Most important component: Cast you vote

1 KUDOS received
SVP
SVP
User avatar
Joined: 01 Sep 2010
Posts: 1749
Followers: 56

Kudos [?]: 582 [1] , given: 467

Re: Company P had 15 percent more employees in December than it [#permalink] New post 11 Oct 2012, 03:39
1
This post received
KUDOS
please. experts can give an opinion about the level (real) of this question ?? of course I know that is not important the level but to solve it 300 or 700 no matter what

back to question.

J --------------- D

X 1.15

1.15 x = 460 X = 400 B in 30 seconds ( thanks to sleepless nights)

or 1.15 is what % of 460 ----> translate 1.15 = x/100 * 460 -----> = 4 only B fits the bill

C should not possible following this process of reasoning
_________________

KUDOS is the good manner to help the entire community.

GMAT Club team member
User avatar
Joined: 02 Sep 2009
Posts: 11633
Followers: 1802

Kudos [?]: 9611 [0], given: 829

Re: Company P had 15 percent more employees in December than it [#permalink] New post 11 Oct 2012, 13:22
SOLUTION

Company P had 15 percent more employees in December than it had in January. If Company P had 460 employees in December, how many employees did it have in January?

(A) 391
(B) 400
(C) 410
(D) 423
(E) 445

Given: January*1.15=December --> January*1.15=460 --> January=460/1.15=400.

Answer: B.

Kudos points given to everyone with correct solution. Let me know if I missed someone.
_________________

PLEASE READ AND FOLLOW: 11 Rules for Posting!!!

RESOURCES: [GMAT MATH BOOK]; 1. Triangles; 2. Polygons; 3. Coordinate Geometry; 4. Factorials; 5. Circles; 6. Number Theory

COLLECTION OF QUESTIONS:
PS: 1. Tough and Tricky questions; 2. Hard questions; 3. Hard questions part 2; 4. Standard deviation; 5. Tough Problem Solving Questions With Solutions; 6. Probability and Combinations Questions With Solutions; 7 Tough and tricky exponents and roots questions; 8 12 Easy Pieces (or not?); 9 Bakers' Dozen; 10 Algebra set. NEW!!!

DS: 1. DS tough questions; 2. DS tough questions part 2; 3. DS tough questions part 3; 4. DS Standard deviation; 5. Inequalities; 6. 700+ GMAT Data Sufficiency Questions With Explanations; 7 Tough and tricky exponents and roots questions; 8 The Discreet Charm of the DS ; 9 Devil's Dozen!!!; 10 Number Properties set. NEW!!!


What are GMAT Club Tests?
25 extra-hard Quant Tests

Find out what's new at GMAT Club - latest features and updates

Intern
Intern
Joined: 28 Aug 2012
Posts: 47
Concentration: Operations, Marketing
GMAT 1: 510 Q36 V25
GPA: 4
WE: Information Technology (Other)
Followers: 0

Kudos [?]: 23 [0], given: 99

CAT Tests
Re: Company P had 15 percent more employees in December than it [#permalink] New post 16 Feb 2013, 12:19
Okay, so now i ve fallen into this really Stupid trap here . I got A) 391 . 15% of 460 is 69 . So i did 460-69 = 391 . I know i am wrong now and this is a dumb mistake . But what am i missing here ??
Kindly Help..
Thanks in Advance
2 KUDOS received
Director
Director
User avatar
Joined: 02 Jul 2012
Posts: 767
Location: India
Concentration: Strategy
GMAT 1: 740 Q49 V42
GPA: 3.8
WE: Engineering (Energy and Utilities)
Followers: 19

Kudos [?]: 260 [2] , given: 45

GMAT Tests User
Re: Company P had 15 percent more employees in December than it [#permalink] New post 16 Feb 2013, 12:57
2
This post received
KUDOS
thinktank wrote:
Okay, so now i ve fallen into this really Stupid trap here . I got A) 391 . 15% of 460 is 69 . So i did 460-69 = 391 . I know i am wrong now and this is a dumb mistake . But what am i missing here ??
Kindly Help..
Thanks in Advance


If 100 is increased by 50%, we get 150.
However if 150 is decreased by 50% we do not get 100 and instead we get 75.
The mistake you are doing is thinking that a 15% decrease from 460 is the same as a 15% increase from the right answer choice.
From the above illustration, we can see that equating as such is incorrect.
_________________

Kudos Please... If my post helped.

Thanks To The Almighty - My GMAT Debrief
My Own CR Question 1|My Own CR Question 2|My Own DS Question 1|My Own DS Question 2|
My Own PS Question 1

Intern
Intern
Joined: 28 Aug 2012
Posts: 47
Concentration: Operations, Marketing
GMAT 1: 510 Q36 V25
GPA: 4
WE: Information Technology (Other)
Followers: 0

Kudos [?]: 23 [0], given: 99

CAT Tests
Re: Company P had 15 percent more employees in December than it [#permalink] New post 17 Feb 2013, 21:26
MacFauz wrote:
thinktank wrote:
Okay, so now i ve fallen into this really Stupid trap here . I got A) 391 . 15% of 460 is 69 . So i did 460-69 = 391 . I know i am wrong now and this is a dumb mistake . But what am i missing here ??
Kindly Help..
Thanks in Advance


If 100 is increased by 50%, we get 150.
However if 150 is decreased by 50% we do not get 100 and instead we get 75.
The mistake you are doing is thinking that a 15% decrease from 460 is the same as a 15% increase from the right answer choice.
From the above illustration, we can see that equating as such is incorrect.



Ah!, Thank you MacFauz :)
+1 to u
Re: Company P had 15 percent more employees in December than it   [#permalink] 17 Feb 2013, 21:26
    Similar topics Author Replies Last post
Similar
Topics:
New posts 40 percent of the employees at a certain company are male. nakib77 7 10 Nov 2005, 07:51
New posts All the employees in a company are more than 20 years old. getzgetzu 5 09 Aug 2006, 04:01
New posts At a company, 70 percent of the employees are women and 60 ArvGMAT 2 13 Aug 2006, 18:15
New posts At a certain company, 25 percent of the employees are male mymba99 2 30 Apr 2008, 18:22
New posts Company P had 15 percent more employees in December than it Jcpenny 1 09 Nov 2008, 19:52
Display posts from previous: Sort by

Company P had 15 percent more employees in December than it

  Question banks Downloads My Bookmarks Reviews  


GMAT Club MBA Forum Home| About| Privacy Policy| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group and phpBB SEO

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.