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Dick and Jane each saved $3,000 in 1989. In 1990 Dick saved

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Dick and Jane each saved $3,000 in 1989. In 1990 Dick saved [#permalink] New post 03 Jan 2013, 13:49
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65% (02:19) correct 35% (00:54) wrong based on 49 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.
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Re: Dick and Jane each saved $3,000 in 1989. In 1990 Dick saved [#permalink] New post 03 Jan 2013, 14:17
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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

Answer: C
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Re: Dick and Jane each saved $3,000 in 1989. In 1990 Dick saved [#permalink] New post 07 Jan 2013, 18:49
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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)
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Re: Dick and Jane each saved $3,000 in 1989. In 1990 Dick saved [#permalink] New post 03 Jan 2013, 14:41
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Re: Dick and Jane each saved $3,000 in 1989. In 1990 Dick saved [#permalink] New post 23 Jan 2013, 04:09
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

Answer Choice C
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Re: Dick and Jane each saved $3,000 in 1989. In 1990 Dick saved   [#permalink] 23 Jan 2013, 04:09
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