GMAT Question of the Day (April 6)

Math

If a retailer increased the price for commodity A by 30% but had to sell all his stock of commodity A at a 20% discount, what was the actual increase in the price of commodity A?

A. 2%
B. 4%
C. 5%
D. 7%
E. 8%

Question Discussion & Explanation
Correct Answer - B - (click and drag your mouse to see the answer)

Verbal

In response to years of increasing congestion at airport X, the government decided to redistribute landing slots. Henceforth, all international flights arriving from continent A would be rerouted to nearby airport Y, all flights arriving from continent B would continue to land at airport X. Several airlines opposed this measure on the grounds that it would result in lost business.

Which of the following, if true, justifies the airline’s conclusion?

(A) The airlines’ customers prefer less congested airports.
(B) It takes five minutes more flying time to reach the second
airport.
(C) There are fewer runways, and thus less capacity, at airport Y.
(D) Airport Y is located in a region with better transport links to the
final destinations of many travelers from continent B.
(E) Many customers traveling between continent A and continent
B choose certain airlines because of the easy flight
connections they offer at airport X.

Question Discussion & Explanation

Correct Answer - A - (click and drag your mouse to see the answer)

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