Find all School-related info fast with the new School-Specific MBA Forum
Learn more about the recent changes... close

It is currently 23 May 2013, 17:20
Customize  |  Hide

Search
Register
New posts
Unanswered

ps2

  Question banks Downloads My Bookmarks Reviews  
  Oldest Best Reply
Search for:
 
Print view
First unread post
Author Message
TAGS:
Senior Manager
Senior Manager
User avatar
Joined: 30 Aug 2003
Posts: 348
Location: dallas , tx
Followers: 1

Kudos [?]: 2 [0], given: 0

GMAT Tests User
ps2 [#permalink] New post 10 Dec 2003, 11:36
00:00

Question Stats:

0% (00:00) correct 0% (00:00) wrong based on 0 sessions
The value of a share of stock P and the value of a share of stock Q each increased by 16%. If the value of a share of stock P increased by 16 cents and the value of a share of stock Q increased by $1.68, what is the difference between the value of stock Q and the value of stock P before the increases

$8.00

$9.50

$10.00

$10.50

$11.02
_________________

shubhangi

Director
Director
User avatar
Joined: 28 Oct 2003
Posts: 533
Location: 55405
Followers: 1

Kudos [?]: 4 [0], given: 0

GMAT Tests User
 [#permalink] New post 10 Dec 2003, 12:55
p*1.16=p+.16
1.16=1+(.16/p)
.16p=.16
p=1


q*1.16=q+1.68
1.16=1+(1.68/q)
.16=1.68/q
.16q=1.68
q=10.50

Find p and q, take difference.

9.50
CEO
CEO
Joined: 15 Aug 2003
Posts: 3550
Followers: 55

Kudos [?]: 626 [0], given: 781

Re: ps2 [#permalink] New post 13 Dec 2003, 01:30
shubhangi wrote:

The value of a share of stock P and the value of a share of stock Q each increased by 16%. If the value of a share of stock P increased by 16 cents and the value of a share of stock Q increased by $1.68, what is the difference between the value of stock Q and the value of stock P before the increases?

$8.00
$9.50
$10.00
$10.50
$11.02



0.16( P ) =0.16

0.16 (Q) =1.68


Q - P = 1.52/ 0.16 = 152/16 = 76/8 = 38/4 = 19/2 =9.5
Re: ps2   [#permalink] 13 Dec 2003, 01:30
    Similar topics Author Replies Last post
Similar
Topics:
 New posts PS 2 Bhai 4 01 Jun 2004, 18:42
New posts PS-2 FN 3 22 Oct 2005, 20:28
New posts 2 2 PS , 2 DS eribold 3 17 Feb 2007, 10:29
New posts ps #2 benefit fund bmwhype2 3 31 May 2007, 17:41
New posts GMAT -Prep Ps2 vivektripathi 3 21 Dec 2008, 08:56
Display posts from previous: Sort by

ps2

  Question banks Downloads My Bookmarks Reviews  
Print view
First unread post

Moderators: Bunuel, VeritasPrepKarishma, IanStewart

Search for:


GMAT Club MBA Forum Home| About| Privacy Policy| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group and phpBB SEO

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.

Main navigation

GMAT Resources

Partners

MBA Resources

www.gmac.com|www.mba.com