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# Dick and Jane each saved $3,000 in 1989. In 1990 Dick saved  Question banks Downloads My Bookmarks Reviews Important topics Author Message TAGS: Moderator Joined: 01 Sep 2010 Posts: 2685 Followers: 559 Kudos [?]: 4316 [0], given: 745 Dick and Jane each saved$3,000 in 1989. In 1990 Dick saved [#permalink]  03 Jan 2013, 13:49
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Question Stats:

67% (02:26) correct 33% (01:19) wrong based on 94 sessions
Dick and Jane each saved $3,000 in 1989. In 1990 Dick saved 8 percent more than in 1989, and together he and Jane saved a total of$5,000. Approximately what percent less did Jane save in 1990 than in 1989?

A. 8%
B. 25%
C. 41%
D. 59%
E. 70%
[Reveal] Spoiler: OA

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Last edited by Bunuel on 04 Jan 2013, 02:01, edited 1 time in total.
Edited the question and moved to PS forum.
Manager
Joined: 18 Oct 2011
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Re: Dick and Jane each saved $3,000 in 1989. In 1990 Dick saved [#permalink] 03 Jan 2013, 14:17 1 This post received KUDOS 1990 Dick saved =$ 3240
Jane saved = $1760 (jane saved$1240 less than she did the prior year)

Jane saved approximately $1240/$3000 (close to 41%) less in 1990

Manager
Joined: 04 Oct 2011
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Re: Dick and Jane each saved $3,000 in 1989. In 1990 Dick saved [#permalink] 07 Jan 2013, 18:49 1 This post received KUDOS carcass wrote: Dick and Jane each saved$3,000 in 1989. In 1990 Dick saved 8 percent more than in 1989, and together he and Jane saved a total of $5,000. Approximately what percent less did Jane save in 1990 than in 1989? A. 8% B. 25% C. 41% D. 59% E. 70% I did in usual way.. pretty lengthy one... Dick -> increased by 8% of 3000 = 240 , so Dick share in 1990 will be 3240. Jane --> decreased by x% of 3000, so Jane share in 1990 will be $$3000(1- x/100 )$$ $$3240 + 3000 (1- x/100 ) = 5000$$ $$1- x/100 = 166 / 300$$ x= 41% (approx) _________________ GMAT - Practice, Patience, Persistence Kudos if u like Director Joined: 29 Nov 2012 Posts: 902 Followers: 12 Kudos [?]: 622 [1] , given: 543 Re: Dick and Jane each saved$3,000 in 1989. In 1990 Dick saved [#permalink]  23 Jan 2013, 04:09
1
KUDOS
given jane 1989 - 3000
dick 1989 - 3000

1990 = D + J = 5000

dick 8 percent more = 3000 * 8/100 = 240 >> 3000 + 240 = 3240

jane = 5000-3240 = 1760

to find the decrease new - old/old * 100

1760 - 3000 / 3000 * 100

1240 / 3000 * 100 = 124/3 = 41% approx

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Re: Dick and Jane each saved $3,000 in 1989. In 1990 Dick saved [#permalink] 03 Jan 2013, 14:41 Expert's post For you is a 600/700 level ?? what do you think about ?? thanks _________________ COLLECTION OF QUESTIONS AND RESOURCES Quant: 1. ALL GMATPrep questions Quant/Verbal 2. Bunuel Signature Collection - The Next Generation 3. Bunuel Signature Collection ALL-IN-ONE WITH SOLUTIONS 4. Veritas Prep Blog PDF Version Verbal:1. Verbal question bank and directories by Carcass GMAT Club Legend Joined: 09 Sep 2013 Posts: 7256 Followers: 383 Kudos [?]: 93 [0], given: 0 Re: Dick and Jane each saved$3,000 in 1989. In 1990 Dick saved [#permalink]  16 Oct 2014, 10:47
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