Last visit was: 27 Jul 2024, 01:20 It is currently 27 Jul 2024, 01:20
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
Tags:
Difficulty: 805+ Level,   Graphs,            
Show Tags
Hide Tags
Intern
Intern
Joined: 26 Oct 2019
Posts: 10
Own Kudos [?]: 124 [64]
Given Kudos: 13
Location: United States (TX)
GPA: 3.93
WE:Sales (Manufacturing)
Send PM
Most Helpful Reply
Intern
Intern
Joined: 26 Oct 2019
Posts: 10
Own Kudos [?]: 124 [29]
Given Kudos: 13
Location: United States (TX)
GPA: 3.93
WE:Sales (Manufacturing)
Send PM
Intern
Intern
Joined: 26 Oct 2019
Posts: 10
Own Kudos [?]: 124 [19]
Given Kudos: 13
Location: United States (TX)
GPA: 3.93
WE:Sales (Manufacturing)
Send PM
General Discussion
Senior Manager
Senior Manager
Joined: 15 Jul 2018
Posts: 348
Own Kudos [?]: 463 [0]
Given Kudos: 94
Send PM
Re: An apple farm installed a fish pond on its land to save money and [#permalink]
1) D -0.01 since the change from 0.005 to 0.05
2) The rate of increase is decreasing from 3-4 and from 4-5

Posted from my mobile device
Retired Moderator
Joined: 28 Feb 2020
Posts: 935
Own Kudos [?]: 494 [2]
Given Kudos: 839
Location: India
WE:Other (Other)
Send PM
Re: An apple farm installed a fish pond on its land to save money and [#permalink]
1
Kudos
1
Bookmarks
According to my understanding,
The answer to question 1 should be option D, as the average of the decrease of the amount by which the cost of fertilizer per 10 kg of apples sold to the nearest power of 10 would be 0.01. Someone can try to calculate the value(I partially did it and on seeing the option knew D was the answer) or someone can just scan the graph look at the answer options and choose D to be the answer.

The answer to question 2 should be option B i.e. decreasing, as from year 3 to year 4 the number of fish sold does increase but from year 4 to year 5, the value decreases.
Manager
Manager
Joined: 23 May 2020
Posts: 89
Own Kudos [?]: 10 [3]
Given Kudos: 1526
Send PM
Re: An apple farm installed a fish pond on its land to save money and [#permalink]
3
Kudos
Hey there guys,

Could anyone please explain me what the phrase "the nearest power of 10" means?
avatar
Intern
Intern
Joined: 08 Jan 2021
Posts: 1
Own Kudos [?]: 2 [2]
Given Kudos: 0
Send PM
Re: An apple farm installed a fish pond on its land to save money and [#permalink]
2
Kudos
Just curious, what if one where asked to solve for the average amount by which the cost of fertilizer per 10 kg of apples sold decreased from year 1 to year 5?

amount by which the cost of fertilizer per 10 kg of apples sold decreased from year 1 to year 5 = .05 - .005 = .045

divide by five to get average amount by which the cost of fertilizer per 10 kg of apples sold decreased from year 1 to year 5 so 0.045/5=.009.

do folks agree? I find it helpful to solve problems such as these then compare to answer choices
Intern
Intern
Joined: 14 Dec 2021
Posts: 5
Own Kudos [?]: 1 [0]
Given Kudos: 71
Location: Viet Nam
Concentration: Finance, Economics
GMAT 1: 650 Q46 V34
GPA: 3.76
WE:Analyst (Retail Banking)
Send PM
Re: An apple farm installed a fish pond on its land to save money and [#permalink]
The combo chart is misleading I think. GMAC should have used 2 separate charts instead for better readability.
Intern
Intern
Joined: 21 Mar 2021
Posts: 3
Own Kudos [?]: 0 [0]
Given Kudos: 92
Send PM
Re: An apple farm installed a fish pond on its land to save money and [#permalink]
mborski

What the 5 observations of the difference for which you are calculating the average of the 5 years?
Tutor
Joined: 21 Mar 2017
Status:Professional GMAT Trainer
Affiliations: GMAT Coach
Posts: 425
Own Kudos [?]: 1215 [2]
Given Kudos: 204
Location: United States (WA)
GMAT 1: 760 Q50 V44
GMAT 2: 770 Q51 V44
GMAT 3: 770 Q50 V44
GMAT 4: 770 Q50 V45 (Online)
GMAT 5: 780 Q51 V48
Send PM
Re: An apple farm installed a fish pond on its land to save money and [#permalink]
2
Kudos
Expert Reply
Rytthhm wrote:
mborski

What the 5 observations of the difference for which you are calculating the average of the 5 years?


Rytthhm short video solution here (2:08):


Attachments

2023-12-21 15_21_24-No name - 19 December 2023 (4).mp4 - VLC media player.png
2023-12-21 15_21_24-No name - 19 December 2023 (4).mp4 - VLC media player.png [ 3.49 MiB | Viewed 5484 times ]


Originally posted by GMATCoachBen on 21 Dec 2023, 16:21.
Last edited by GMATCoachBen on 02 Jan 2024, 16:29, edited 2 times in total.
Tutor
Joined: 21 Mar 2017
Status:Professional GMAT Trainer
Affiliations: GMAT Coach
Posts: 425
Own Kudos [?]: 1215 [1]
Given Kudos: 204
Location: United States (WA)
GMAT 1: 760 Q50 V44
GMAT 2: 770 Q51 V44
GMAT 3: 770 Q50 V44
GMAT 4: 770 Q50 V45 (Online)
GMAT 5: 780 Q51 V48
Send PM
Re: An apple farm installed a fish pond on its land to save money and [#permalink]
1
Kudos
Expert Reply
Sajjad1994 I saw this one in OG 2023-2024, do you want to re-tag the source? It says "GMAT Pill" now. Thanks!
Director
Director
Joined: 20 Apr 2022
Posts: 597
Own Kudos [?]: 344 [0]
Given Kudos: 332
Location: India
GPA: 3.64
Send PM
Re: An apple farm installed a fish pond on its land to save money and [#permalink]
GMATCoachBen shuld we not divide the change over the 5 years by 4 and not 5 since we have 4 values?
Tutor
Joined: 21 Mar 2017
Status:Professional GMAT Trainer
Affiliations: GMAT Coach
Posts: 425
Own Kudos [?]: 1215 [0]
Given Kudos: 204
Location: United States (WA)
GMAT 1: 760 Q50 V44
GMAT 2: 770 Q51 V44
GMAT 3: 770 Q50 V44
GMAT 4: 770 Q50 V45 (Online)
GMAT 5: 780 Q51 V48
Send PM
Re: An apple farm installed a fish pond on its land to save money and [#permalink]
Expert Reply
Elite097 wrote:
GMATCoachBen shuld we not divide the change over the 5 years by 4 and not 5 since we have 4 values?


Elite097 Yes, you are correct! I mentioned in the video that there are 4 decreases (year 1 to 2, year 2 to 3, year 3 to 4, and year 4 to 5).

However, it makes no difference here, since the answers are so spread out. It's very helpful to round and approximate when we see that the answers are spread out, or when the stem says "nearest to" or "approximately"!
Intern
Intern
Joined: 31 Aug 2021
Posts: 8
Own Kudos [?]: 0 [0]
Given Kudos: 1
Location: India
GPA: 3.73
Send PM
An apple farm installed a fish pond on its land to save money and [#permalink]
the ask here isn't to solve anything, but interpret the graph by just looking at it.

simply consider "dollars per 10 kg apples sold" as points on the graph so .05 becomes 5, 0.04 becomes 4...

change between year 1 & 2 was 0.5 points, followed by 1.5, then 1 point, and lastly 1.5
Add the numbers and divide by 4 for average change.

=0.5+1.5+1+1.5 / 4
=1.13

now, revert back to decimals 0.011 * 10^2, which is D.

2. If you read the prompt carefully, the ask is only after year 3.
So, between 3-4, it was 1000 fish, between 4-5, it reduced to 500, hence decreases
GMAT Club Bot
An apple farm installed a fish pond on its land to save money and [#permalink]
Moderators:
Math Expert
94619 posts
DI Forum Moderator
997 posts
RC & DI Moderator
11475 posts