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The total of Company C's assets in 1994 was 300% greater [#permalink]
02 Oct 2008, 14:00

00:00

A

B

C

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E

Difficulty:

(N/A)

Question Stats:

100% (01:32) correct
0% (00:00) wrong based on 1 sessions

The total of Company C's assets in 1994 was 300% greater than the total in 1993, which in turn was 400% greater than the total in 1992. If the total of Company C's assets in 1992 was N dollars, which of the following represents the total of Company C's assets, in dollars, in 1994?

Re: SZ-PS - percent [#permalink]
02 Oct 2008, 18:05

1993=5N 1994=4*5N=20E Hence E

sarzan wrote:

The total of Company C's assets in 1994 was 300% greater than the total in 1993, which in turn was 400% greater than the total in 1992. If the total of Company C's assets in 1992 was N dollars, which of the following represents the total of Company C's assets, in dollars, in 1994?

Re: SZ-PS - percent [#permalink]
30 Oct 2009, 18:23

The total of Company C's assets in 1994 was 300 percent greater than the total in 1993, which in turn was 400 percent greater than the total in 1992. If the total of Company C's assets in 1992 was N dollars, which of the following represents tht total of Company C's assets, in dollars, in 1994?

A) 7N B) 8N C) 9N D) 12N E) 20N

Ans:E

I need to know what is wrong in my approach below: .........................

Let the total in 93 be 100 Then the total in 94 becomes 400(300% greater) Now,it's said that the total in 94 was 400% greater than 92.so, Let the total of 92 be x x +400%x=400 x=80

so now we have the totals: 92:80 92:100 94:400

now,the question states that 80 = N therefore total of 94, 400= 5N

Re: SZ-PS - percent [#permalink]
30 Oct 2009, 19:10

1

This post received KUDOS

The expression that you have used: Let the total in 93 be 100 Then the total in 94 becomes 400(300% greater) This is correct but the later is incorrect because it is not the total in 94 that was 400% greater, total in 93 is 400% greater than 92. If 93 is 100,92 becomes 20(400%lesser),20=N,therefore total in 94 becomes 20N Now,it's said that the total in 94 was 400% greater than 92.so, Let the total of 92 be x x +400%x=400 x=80

Re: SZ-PS - percent [#permalink]
31 Oct 2009, 19:28

tejal777 wrote:

The total of Company C's assets in 1994 was 300 percent greater than the total in 1993, which in turn was 400 percent greater than the total in 1992. If the total of Company C's assets in 1992 was N dollars, which of the following represents tht total of Company C's assets, in dollars, in 1994?

A) 7N B) 8N C) 9N D) 12N E) 20N

Ans:E

I need to know what is wrong in my approach below: .........................

Let the total in 93 be 100 Then the total in 94 becomes 400(300% greater) Now,it's said that the total in 94 was 400% greater than 92.so, Let the total of 92 be x x +400%x=400 x=80

so now we have the totals: 92:80 92:100 94:400

now,the question states that 80 = N therefore total of 94, 400= 5N