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Last year the price per share of Stock X increased by k

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VP
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Joined: 26 Apr 2004
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Last year the price per share of Stock X increased by k [#permalink] New post 14 Jan 2005, 10:02
00:00
A
B
C
D
E

Difficulty:

(N/A)

Question Stats:

56% (01:56) correct 44% (02:09) wrong based on 7 sessions
Last year the price per share of Stock X increased by k percent and the earnings per share of Stock X increased by m percent, where k is greater than m. By what percent did the ratio of price per share to earnings per share increase, in terms of k and m?

A. k/m %

B. (k-m) %
C. [100(k-m)]/(100+k) %

D. [100(k-m)]/(100+m) %

E. [100(k-m)]/(100+k+m) %
Director
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 [#permalink] New post 14 Jan 2005, 15:21
If old price per share = X, old Earnings per share = Y
=> Old ratio = X/Y
New price per share = X(100+k)/100, new Earnings per share = Y(100+m)/100
=>New ratio = X(100+K)/[(100+m)(Y)]

Increase in the ratios after simplifying comes to [100(k-m)]/(100+m) %

D)
VP
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 [#permalink] New post 16 Jan 2005, 03:46
nocilis, thanks

The OA is D
  [#permalink] 16 Jan 2005, 03:46
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4 Experts publish their posts in the topic Last year the price per share of Stock X increased by k Ravshonbek 5 07 Dec 2007, 17:39
Last year the price per share of Stock X increased by k TOUGH GUY 2 11 Feb 2007, 04:05
Last year the price per share of Stock X increased by k aurobindo 1 23 Jan 2007, 06:48
Last year the price per share of Stock X increased by k joemama142000 3 18 Mar 2006, 20:45
Last year the price per share of Stock X increased by k Folaa3 2 03 Jul 2005, 21:01
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Last year the price per share of Stock X increased by k

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