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

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Joined: 06 Sep 2013
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Location: United States
Concentration: Finance
GMAT 1: 710 Q48 V39
WE: Corporate Finance (Investment Banking)
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Kudos [?]: 192 [0], given: 295

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If 1,500 is increased by 20%, and then reduced by y% [#permalink] New post 20 Sep 2013, 16:20
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100% (01:41) correct 0% (00:00) wrong based on 0 sessions
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.
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Kudos [?]: 28779 [0], given: 2847

Re: If 1,500 is increased by 20%, and then reduced by y% [#permalink] New post 20 Sep 2013, 16:26
Expert's post
Re: If 1,500 is increased by 20%, and then reduced by y%   [#permalink] 20 Sep 2013, 16:26
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If 1,500 is increased by 20%, and then reduced by y%

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