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Rate of vs. Rate for

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agnok
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Rate of vs. Rate for [#permalink] New post   30 May 2010, 03:36
Can you kindly explain the difference between rate for vs. rate of and where each of these are used.

Example:
Rate for liability insurance has risen -- Q72 OG verbal review edition 2.

Thank You!
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mrik
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Re: Rate of vs. Rate for [#permalink] New post   30 May 2010, 05:55
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Rate of = frequency

Rate for = price

For this example it means to say price of insurance has increased and not frequency.

Please give Kudos if i have helped you understand
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madeinafrica
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Re: Rate of vs. Rate for [#permalink] New post   30 May 2010, 14:09
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mrik wrote:
Rate of = frequency

Rate for = price


Was also confusing these two.. thanks
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AkashKashyap
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Re: Rate of vs. Rate for [#permalink] New post   13 Aug 2016, 05:49
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Rate for means 'Price Charged'

Rate of means 'measure'

For example:

The rate for the accidental coverage has increased from $200 to $400.

The rate of change of accidental coverage can be associated with the advent of self-driven cars.


Thanks
Akash
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Re: Rate of vs. Rate for [#permalink] New post   05 Sep 2022, 23:23
Hello from the GMAT Club VerbalBot!

Thanks to another GMAT Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).

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Re: Rate of vs. Rate for [#permalink]
05 Sep 2022, 23:23
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