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 GMAT 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.

It appears that you are browsing the GMAT Club forum unregistered!

Signing up is free, quick, and confidential.
Join other 500,000 members and get the full benefits of GMAT Club

Registration gives you:

Tests

Take 11 tests and quizzes from GMAT Club and leading GMAT prep companies such as Manhattan GMAT,
Knewton, and others. All are free for GMAT Club members.

Applicant Stats

View detailed applicant stats such as GPA, GMAT score, work experience, location, application
status, and more

Books/Downloads

Download thousands of study notes,
question collections, GMAT Club’s
Grammar and Math books.
All are free!

Thank you for using the timer!
We noticed you are actually not timing your practice. Click the START button first next time you use the timer.
There are many benefits to timing your practice, including:

Company R's annual profit has increased by a constant amount each [#permalink]
02 Jul 2004, 21:26

1

This post was BOOKMARKED

00:00

A

B

C

D

E

Difficulty:

65% (hard)

Question Stats:

53% (01:00) correct
47% (00:57) wrong based on 83 sessions

Company R's annual profit has increased by a constant amount each calendar year since 1985. What was Company R's annual profit in 1991 ?

(1) In 1985 Company R's annual profit was $212,000; in 1989 Company R's annual profit was $242,000. (2) Company R's annual profit has increased by $7,500 each year since 1985.

Re: Company R's annual profit has increased by a constant amount each [#permalink]
03 Jul 2004, 07:27

Bhai wrote:

15. Company R's annual profit has increased by a constant amount each calendar year since 1985. What was Company R's annual profit in 1991 ? (1) In 1985 Company R's annual profit was $212,000; in 1989 Company R's annual profit was $242,000. (2) Company R's annual profit has increased by $7,500 each year since 1985.

I will go with D

(1) We can know what is the increased amount for for years, and as the profit inceases constantly. we can get the increase rate per year. sufficient

(2) obvisoully, states the increase amount per year.sufficient _________________

-Genius is one percent inspiration, and ninety-nine percent perspiration.

Re: Company R's annual profit has increased by a constant amount each [#permalink]
17 Aug 2010, 08:30

Please explain the logic behind the ans A? I would assume the question states constant profit - statement 2 states has increased by 7,500 since 1985...

Re: Company R's annual profit has increased by a constant amount each [#permalink]
17 Aug 2010, 13:28

cmugeria wrote:

Please explain the logic behind the ans A? I would assume the question states constant profit - statement 2 states has increased by 7,500 since 1985...

Statement 1: In 1985, profit was $212,000 and 1989 profit was 242,000. So each year profit was (242,000-212000)/4 = 7500. So it is sufficient to find the profit in 1991 by adding 15000 to 242,000. _________________

GGG (Gym / GMAT / Girl) -- Be Serious

Its your duty to post OA afterwards; some one must be waiting for that...

Re: Company R's annual profit has increased by a constant amount each [#permalink]
17 Aug 2010, 17:07

i understand A is the answer however B can be an answer as the if the amount increasing is constant and we are told its 7500 then isn't this sufficient making the answer D?

Re: Company R's annual profit has increased by a constant amount each [#permalink]
17 Aug 2010, 20:17

cmugeria wrote:

i understand A is the answer however B can be an answer as the if the amount increasing is constant and we are told its 7500 then isn't this sufficient making the answer D?

Answer this: By knowing only the profit amount, how are you going to calculate the annual profit? Get it?

Re: Company R's annual profit has increased by a constant amount each [#permalink]
17 Aug 2010, 20:43

cmugeria wrote:

i understand A is the answer however B can be an answer as the if the amount increasing is constant and we are told its 7500 then isn't this sufficient making the answer D?

Clear A.

You cant carry information from Statement 1. Stmt 2 just gives us the rate, but what is the initial base?

Re: Company R's annual profit has increased by a constant amount each [#permalink]
18 May 2015, 20:56

Hello from the GMAT Club BumpBot!

Thanks to another GMAT 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).

Want to see all other topics I dig out? Follow me (click follow button on profile). You will receive a summary of all topics I bump in your profile area as well as via email. _________________

Low GPA MBA Acceptance Rate Analysis Many applicants worry about applying to business school if they have a low GPA. I analyzed the low GPA MBA acceptance rate at...

In out-of-the-way places of the heart, Where your thoughts never think to wander, This beginning has been quietly forming, Waiting until you were ready to emerge. For a long...