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02 Nov 2012, 11:49
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MacFauz 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

$$= \frac{693}{1.26}*1.2$$

$$= 660$$

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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30 Nov 2014, 11:06
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Re: If Albert’s monthly earnings rise by 26%, he would earn $693 [#permalink] ### Show Tags 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: $$693 * \frac{100}{126} * \frac{120}{100} = 660$$ _________________ Kindly press "+1 Kudos" to appreciate Re: If Albert’s monthly earnings rise by 26%, he would earn$693   [#permalink] 03 Dec 2014, 23:30
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