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If Albert’s monthly earnings rise by 26%, he would earn $693

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If Albert’s monthly earnings rise by 26%, he would earn $693 [#permalink] New post 31 Oct 2012, 21:41
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Question Stats:

85% (02:37) correct 15% (02:12) wrong based on 60 sessions
If Albert’s monthly earnings rise by 26%, he would earn $693. If, instead, his earnings rise by only 20%, how much (in $) would he earn this month?

(A) 643
(B) 652
(C) 660
(D) 690
(E) 693
[Reveal] Spoiler: OA
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Re: If Albert’s monthly earnings rise by 26%, he would earn $693 [#permalink] New post 31 Oct 2012, 22:50
actleader wrote:
If Albert’s monthly earnings rise by 26%, he would earn $693. If, instead, his earnings rise by only 20%, how much (in $) would he earn this month?

(A) 643
(B) 652
(C) 660
(D) 690
(E) 693


= \frac{693}{1.26}*1.2

= 660

Answer is C.

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Re: If Albert’s monthly earnings rise by 26%, he would earn $693 [#permalink] New post 02 Nov 2012, 11:49
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MacFauz wrote:
actleader wrote:
If Albert’s monthly earnings rise by 26%, he would earn $693. If, instead, his earnings rise by only 20%, how much (in $) would he earn this month?

(A) 643
(B) 652
(C) 660
(D) 690
(E) 693


= \frac{693}{1.26}*1.2

= 660

Answer is C.

Kudos Please... If my post helped.


You mean by dividing on 1.26 we found 100% or his ordinary monthly salary.
Later by multipliing by 1.2 we are getting 120%?

Thanx, it is now clear. I dunno why it was strange for me at first )).
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Re: If Albert’s monthly earnings rise by 26%, he would earn $693 [#permalink] New post 30 Nov 2014, 11:06
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Re: If Albert’s monthly earnings rise by 26%, he would earn $693 [#permalink] New post 03 Dec 2014, 23:30
actleader wrote:
MacFauz wrote:
actleader wrote:
If Albert’s monthly earnings rise by 26%, he would earn $693. If, instead, his earnings rise by only 20%, how much (in $) would he earn this month?

(A) 643
(B) 652
(C) 660
(D) 690
(E) 693


= \frac{693}{1.26}*1.2

= 660

Answer is C.

Kudos Please... If my post helped.


You mean by dividing on 1.26 we found 100% or his ordinary monthly salary.
Later by multipliing by 1.2 we are getting 120%?

Thanx, it is now clear. I dunno why it was strange for me at first )).


The equation would be setup as follows:

693 * \frac{100}{126} * \frac{120}{100} = 660
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Re: If Albert’s monthly earnings rise by 26%, he would earn $693   [#permalink] 03 Dec 2014, 23:30
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