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If Alberts monthly earnings rise by 26%, he would earn $693

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actleader
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If Alberts monthly earnings rise by 26%, he would earn $693 [#permalink] New post   31 Oct 2012, 22:41
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A
B
C
D
E

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25% (medium)

Question Stats:

85% (01:47) correct 15% (02:48) wrong based on 52 sessions
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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

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C
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Re: If Alberts monthly earnings rise by 26%, he would earn $693 [#permalink] New post   31 Oct 2012, 23:50
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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actleader
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Re: If Alberts monthly earnings rise by 26%, he would earn $693 [#permalink] New post   02 Nov 2012, 12:49
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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 Alberts monthly earnings rise by 26%, he would earn $693 [#permalink] New post   04 Dec 2014, 00:30
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:

\(693 * \frac{100}{126} * \frac{120}{100} = 660\)

Archived Topic
Hi there,
This topic has been closed and archived due to inactivity or violation of community quality standards. No more replies are possible here.
Where to now? Join ongoing discussions on thousands of quality questions in our Problem Solving (PS) Forum
Still interested in this question? Check out the "Best Topics" block above for a better discussion on this exact question, as well as several more related questions.
Thank you for understanding, and happy exploring!
GMAT Club Bot
gmatclubot
Re: If Alberts monthly earnings rise by 26%, he would earn $693 [#permalink]
04 Dec 2014, 00:30
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