It is currently 27 Jun 2017, 09:19

Close

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
Your Progress

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

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Close

Request Expert Reply

Confirm Cancel

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

A corporation that had $115.19 billion in profits for the

  post reply Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
Intern
Intern
User avatar
Joined: 30 May 2005
Posts: 18
A corporation that had $115.19 billion in profits for the [#permalink]

Show Tags

New post 08 Jul 2007, 18:20
This topic is locked. If you want to discuss this question please re-post it in the respective forum.

A corporation that had $115.19 billion in profits for the year paid out $230.10 million in employee benefits. Approximately what percent of the profits were the employee benefits? (1 billion = 10^9)

a) 50%
b) 20%
c) 5%
d) 2%
e) .2%
Director
Director
User avatar
Joined: 08 Jun 2007
Posts: 573
CAT Tests
Re: Parts of Numbers - Q2 [#permalink]

Show Tags

New post 08 Jul 2007, 20:41
this should be guessed rather calculated..anways

should be (230.10 * 10^-3 /115.19 ) * 100 = 0.2%
2 KUDOS received
Senior Manager
Senior Manager
avatar
Joined: 04 Jun 2007
Posts: 366
 [#permalink]

Show Tags

New post 09 Jul 2007, 11:17
2
This post received
KUDOS
just approximate the numbers in the numerator and denominator.

since the set- up is

(230.10 x 10^6/ 115.19 x 10^9) * 100

write it as such

(230/115)* (1/1000)* (100)
= 2 * (1/10)
= 0.2%
1 KUDOS received
GMAT Club Legend
GMAT Club Legend
User avatar
Joined: 09 Sep 2013
Posts: 16002
Premium Member
Re: A corporation that had $115.19 billion in profits for the [#permalink]

Show Tags

New post 24 Feb 2017, 01:56
1
This post received
KUDOS
Hello from the GMAT Club BumpBot!

Thanks to another GMAT Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).

Want to see all other topics I dig out? Follow me (click follow button on profile). You will receive a summary of all topics I bump in your profile area as well as via email.
_________________

GMAT Books | GMAT Club Tests | Best Prices on GMAT Courses | GMAT Mobile App | Math Resources | Verbal Resources

Re: A corporation that had $115.19 billion in profits for the   [#permalink] 24 Feb 2017, 01:56
Display posts from previous: Sort by

A corporation that had $115.19 billion in profits for the

  post reply Question banks Downloads My Bookmarks Reviews Important topics  


GMAT Club MBA Forum Home| About| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group and phpBB SEO

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.