GMAT Question of the Day (November 30)

Math

A Commonwealth condominium complex has $k$ apartments, $n$ of which are rented at $s$ dollars a month, providing a total monthly revenue of $p$ dollars. If the management is planning to decrease the rent by $m$ %, to increase the occupancy to 100%, how much total revenue will it collect?

A. $(k-n)\frac{p}{m}$
B. $k*\frac{s}{p}*\frac{m}{100}$
C. $k+\frac{s}{p} + km$
D. $\frac{sp}{100m}$
E. $ks(1 - \frac{m}{100})$

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

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Verbal

Over the last seven consecutive quarters the client base of Hauptkins Services has shrunk at a slower pace than Inigo Services, Jauplaunkt Services, or Larkens Client Services, with the rate of contraction lessened to the extent that some analysts have returned to an optimistic bias for Hauptkins.

A) Inigo Services, Jauplaunkt Services, or Larkens Client Services, with the rate of contraction lessened

B) the client base of Inigo Services, Jauplaunkt Services, and Larkens Client Services, with the rate of contraction that has lessened

C) has Inigo Services, Jauplaunkt Services, and Larkens Client Services, and the rate of contraction has lessened

D) has that of Inigo Services, Jauplaunkt Services, or Larkens Client Services, and the rate of contraction lessening

E) the client bases of Inigo Services, Jauplaunkt Services, and Larkens Client Services, and the rate of contraction has lessened

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

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GMAT Question of the Day (November 30)

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