Check GMAT Club Decision Tracker for the Latest School Decision Releases https://gmatclub.com/AppTrack

 It is currently 25 May 2017, 03:10

### GMAT Club Daily Prep

#### Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

# Events & Promotions

###### Events & Promotions in June
Open Detailed Calendar

# A broker charged an average commission of 12 percent on two

Author Message
Senior Manager
Joined: 02 Oct 2005
Posts: 297
Followers: 1

Kudos [?]: 21 [0], given: 0

A broker charged an average commission of 12 percent on two [#permalink]

### Show Tags

06 Nov 2005, 13:19
00:00

Difficulty:

(N/A)

Question Stats:

0% (00:00) correct 0% (00:00) wrong based on 0 sessions

### HideShow timer Statistics

This topic is locked. If you want to discuss this question please re-post it in the respective forum.

A broker charged an average commission of 12 percent on two transactions: one for $600 and the other for$900. If his commission for the $900 transaction was 10 percent, what percent was his commission for the$600 transaction?

A) 1%

B) 12%

C) 13%

D) 14%

E) 15%
VP
Joined: 30 Sep 2004
Posts: 1482
Location: Germany
Followers: 6

Kudos [?]: 348 [0], given: 0

### Show Tags

06 Nov 2005, 13:21
0,1*900+x*600=0,12*(600+900)...solve for x...
_________________

If your mind can conceive it and your heart can believe it, have faith that you can achieve it.

SVP
Joined: 28 May 2005
Posts: 1713
Location: Dhaka
Followers: 8

Kudos [?]: 372 [0], given: 0

### Show Tags

06 Nov 2005, 13:35
total amount is 600 + 900 =1500.
12% of 1500 = 180

10% 0f 900 is 90. so commission on 600 was 90

so 90/600 is 15%

_________________

hey ya......

Current Student
Joined: 23 Oct 2005
Posts: 243
Schools: Cranfield SOM
Followers: 2

Kudos [?]: 13 [0], given: 2

### Show Tags

07 Nov 2005, 07:58
sudhagar wrote:
A broker charged an average commission of 12 percent on two transactions: one for $600 and the other for$900. If his commission for the $900 transaction was 10 percent, what percent was his commission for the$600 transaction?

A) 1%

B) 12%

C) 13%

D) 14%

E) 15%

E = 15%.

Method of solving is same as Nakib's.
Senior Manager
Joined: 02 Oct 2005
Posts: 297
Followers: 1

Kudos [?]: 21 [0], given: 0

### Show Tags

07 Nov 2005, 20:47
OA is E and the explanation is same as Nakib.
07 Nov 2005, 20:47
Display posts from previous: Sort by