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the total number of company C's assets in 1994 was 300

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the total number of company C's assets in 1994 was 300 [#permalink] New post 02 Sep 2007, 16:10
the total number of company C's assets in 1994 was 300 percent greater that the total in 1993, which in turn was 400 percent greater that the total in 1992. If the total of comapny C's assets in 1992 was N dollars, which of the following represents company C's assets in 1994:

7N
8N
9N
12N
20N

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Re: tricky percent [#permalink] New post 02 Sep 2007, 16:47
let's say that in 1992 we had N=100 then 93 is 400 94 is 1200

answer is 12N D



Trying_not_to_suck wrote:
the total number of company C's assets in 1994 was 300 percent greater that the total in 1993, which in turn was 400 percent greater that the total in 1992. If the total of comapny C's assets in 1992 was N dollars, which of the following represents company C's assets in 1994:

7N
8N
9N
12N
20N

Thanks
GMAT Club Legend
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 [#permalink] New post 02 Sep 2007, 17:01
1992: $N
1993: $5N
1994: (300/100 * 5N) + 5N = 20N
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 [#permalink] New post 03 Sep 2007, 21:26
1992 - n

1993 - a = 5*1992 value=5n

1994 - b = 4a = 20n

Ans: E
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 [#permalink] New post 03 Sep 2007, 21:39
1992 N
1993 N + 4N = 5N
1994 3*5N + 5N = 20N
  [#permalink] 03 Sep 2007, 21:39
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