If 1,500 is increased by 20%, and then reduced by y% : GMAT Problem Solving (PS)
Check GMAT Club Decision Tracker for the Latest School Decision Releases http://gmatclub.com/AppTrack

 It is currently 22 Jan 2017, 08:47

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

If 1,500 is increased by 20%, and then reduced by y%

 new topic post reply Question banks Downloads My Bookmarks Reviews Important topics
Author Message
TAGS:

Hide Tags

Current Student
Joined: 06 Sep 2013
Posts: 2035
Concentration: Finance
GMAT 1: 770 Q0 V
Followers: 62

Kudos [?]: 594 [0], given: 355

If 1,500 is increased by 20%, and then reduced by y% [#permalink]

Show Tags

20 Sep 2013, 16:20
00:00

Difficulty:

(N/A)

Question Stats:

100% (01:32) correct 0% (00:00) wrong based on 2 sessions

HideShow timer Statistics

If 1,500 is increased by 20%, and then reduced by y%, yielding 1,080, what is y?

OA is
[Reveal] Spoiler:
40%

Last edited by Bunuel on 20 Sep 2013, 16:34, edited 1 time in total.
Edited the question.
Math Expert
Joined: 02 Sep 2009
Posts: 36597
Followers: 7093

Kudos [?]: 93449 [0], given: 10563

Re: If 1,500 is increased by 20%, and then reduced by y% [#permalink]

Show Tags

20 Sep 2013, 16:26
jlgdr wrote:
If 1,500 is increased by 20%, and then reduced by y%, yielding 1,080, what is y?

OA is
[Reveal] Spoiler:
40%

1,500*1.2 = 1,800.

1,800(1 - y/100) = 1,080 --> (1 - y/100) = 0.6 --> y = 40%.
_________________
Re: If 1,500 is increased by 20%, and then reduced by y%   [#permalink] 20 Sep 2013, 16:26
Similar topics Replies Last post
Similar
Topics:
1 Jackson Consulting reduced headcount by laying off 20% of its employee 1 08 Apr 2016, 23:03
1 When the price of an article was reduced by 20% its sale increased by 1 28 May 2015, 10:42
3 Ratio of two numbers x and y is 3:5. If x is increased by 20% and y is 3 02 May 2015, 08:05
If y is decreased by 20% and then increased by 60%, what is 1 20 Sep 2013, 16:18
5 A certain candy manufacturer reduced the weight of Candy Bar M by 20 8 30 May 2011, 10:17
Display posts from previous: Sort by

If 1,500 is increased by 20%, and then reduced by y%

 new topic post reply Question banks Downloads My Bookmarks Reviews Important topics

 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®.