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Between the years 1990 and 2006, the number of applicants that applied

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Between the years 1990 and 2006, the number of applicants that applied  [#permalink]

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New post 07 Mar 2019, 03:05
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Between the years 1990 and 2006, the number of applicants that applied for a starting position at the national bank increased approximately 20% each year. If 360 people applied for a job in 2005, then how many people applied for a job in 2003?

A. 300
B. 257
C. 320
D. 250
E. 280

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Between the years 1990 and 2006, the number of applicants that applied  [#permalink]

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New post 07 Mar 2019, 03:28
From 1990 to 2006 there has been an increase of 20% approx.

Given in 2005, 360 people applied which means, 360= 20% more than last years number.
Let that number be x

x+[(20/100)*x]=360
1.2x=360
x=300. (people who applied for the job in 2004)

now 300 is 20% more than those who applied last year.

hence 1.2x=300
x=250.

Ans D.
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Re: Between the years 1990 and 2006, the number of applicants that applied  [#permalink]

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New post 07 Mar 2019, 06:23
Bunuel wrote:
Between the years 1990 and 2006, the number of applicants that applied for a starting position at the national bank increased approximately 20% each year. If 360 people applied for a job in 2005, then how many people applied for a job in 2003?

A. 300
B. 257
C. 320
D. 250
E. 280


2005 = 360
so 2004 = 360/1.2 = 300
2003 = 300/1.2 = 250
IMO D
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Re: Between the years 1990 and 2006, the number of applicants that applied   [#permalink] 07 Mar 2019, 06:23
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Between the years 1990 and 2006, the number of applicants that applied

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