It is currently 16 Dec 2017, 18:36

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

Dick and Jane each saved $3,000 in 1989. In 1990 Dick saved

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
TAGS:

Hide Tags

Board of Directors
User avatar
G
Joined: 01 Sep 2010
Posts: 3425

Kudos [?]: 9534 [0], given: 1203

Dick and Jane each saved $3,000 in 1989. In 1990 Dick saved [#permalink]

Show Tags

New post 03 Jan 2013, 13:49
3
This post was
BOOKMARKED
00:00
A
B
C
D
E

Difficulty:

  35% (medium)

Question Stats:

72% (01:26) correct 28% (01:17) wrong based on 178 sessions

HideShow timer Statistics

Dick and Jane each saved $3,000 in 1989. In 1990 Dick saved 8 percent more than in 1989, and together he and Jane saved a total of $5,000. Approximately what percent less did Jane save in 1990 than in 1989?

A. 8%
B. 25%
C. 41%
D. 59%
E. 70%
[Reveal] Spoiler: OA

_________________

COLLECTION OF QUESTIONS AND RESOURCES
Quant: 1. ALL GMATPrep questions Quant/Verbal 2. Bunuel Signature Collection - The Next Generation 3. Bunuel Signature Collection ALL-IN-ONE WITH SOLUTIONS 4. Veritas Prep Blog PDF Version 5. MGMAT Study Hall Thursdays with Ron Quant Videos
Verbal:1. Verbal question bank and directories by Carcass 2. MGMAT Study Hall Thursdays with Ron Verbal Videos 3. Critical Reasoning_Oldy but goldy question banks 4. Sentence Correction_Oldy but goldy question banks 5. Reading-comprehension_Oldy but goldy question banks


Last edited by Bunuel on 04 Jan 2013, 02:01, edited 1 time in total.
Edited the question and moved to PS forum.

Kudos [?]: 9534 [0], given: 1203

1 KUDOS received
Manager
Manager
avatar
Joined: 18 Oct 2011
Posts: 89

Kudos [?]: 97 [1], given: 0

Location: United States
Concentration: Entrepreneurship, Marketing
GMAT Date: 01-30-2013
GPA: 3.3
Re: Dick and Jane each saved $3,000 in 1989. In 1990 Dick saved [#permalink]

Show Tags

New post 03 Jan 2013, 14:17
1
This post received
KUDOS
1990

Dick saved = $ 3240
Jane saved = $ 1760 (jane saved $1240 less than she did the prior year)

Jane saved approximately $1240/$3000 (close to 41%) less in 1990

Answer: C

Kudos [?]: 97 [1], given: 0

Board of Directors
User avatar
G
Joined: 01 Sep 2010
Posts: 3425

Kudos [?]: 9534 [0], given: 1203

Re: Dick and Jane each saved $3,000 in 1989. In 1990 Dick saved [#permalink]

Show Tags

New post 03 Jan 2013, 14:41

Kudos [?]: 9534 [0], given: 1203

1 KUDOS received
Manager
Manager
User avatar
Joined: 04 Oct 2011
Posts: 213

Kudos [?]: 64 [1], given: 44

Location: India
Concentration: Entrepreneurship, International Business
GMAT 1: 440 Q33 V13
GPA: 3
Re: Dick and Jane each saved $3,000 in 1989. In 1990 Dick saved [#permalink]

Show Tags

New post 07 Jan 2013, 18:49
1
This post received
KUDOS
carcass wrote:
Dick and Jane each saved $3,000 in 1989. In 1990 Dick saved 8 percent more than in 1989, and together he and Jane saved a total of $5,000. Approximately what percent less did Jane save in 1990 than in 1989?

A. 8%
B. 25%
C. 41%
D. 59%
E. 70%


I did in usual way.. pretty lengthy one...

Dick -> increased by 8% of 3000 = 240 , so Dick share in 1990 will be 3240.
Jane --> decreased by x% of 3000, so Jane share in 1990 will be \(3000(1- x/100 )\)

\(3240 + 3000 (1- x/100 ) = 5000\)

\(1- x/100 = 166 / 300\)

x= 41% (approx)
_________________

GMAT - Practice, Patience, Persistence
Kudos if u like :)

Kudos [?]: 64 [1], given: 44

1 KUDOS received
Director
Director
avatar
Joined: 29 Nov 2012
Posts: 862

Kudos [?]: 1492 [1], given: 543

Re: Dick and Jane each saved $3,000 in 1989. In 1990 Dick saved [#permalink]

Show Tags

New post 23 Jan 2013, 04:09
1
This post received
KUDOS
given jane 1989 - 3000
dick 1989 - 3000

1990 = D + J = 5000

dick 8 percent more = 3000 * 8/100 = 240 >> 3000 + 240 = 3240

jane = 5000-3240 = 1760

to find the decrease new - old/old * 100

1760 - 3000 / 3000 * 100

1240 / 3000 * 100 = 124/3 = 41% approx

Answer Choice C
_________________

Click +1 Kudos if my post helped...

Amazing Free video explanation for all Quant questions from OG 13 and much more http://www.gmatquantum.com/og13th/

GMAT Prep software What if scenarios http://gmatclub.com/forum/gmat-prep-software-analysis-and-what-if-scenarios-146146.html

Kudos [?]: 1492 [1], given: 543

Non-Human User
User avatar
Joined: 09 Sep 2013
Posts: 14813

Kudos [?]: 288 [0], given: 0

Premium Member
Re: Dick and Jane each saved $3,000 in 1989. In 1990 Dick saved [#permalink]

Show Tags

New post 13 Oct 2017, 04:54
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

Kudos [?]: 288 [0], given: 0

Re: Dick and Jane each saved $3,000 in 1989. In 1990 Dick saved   [#permalink] 13 Oct 2017, 04:54
Display posts from previous: Sort by

Dick and Jane each saved $3,000 in 1989. In 1990 Dick saved

  new topic 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 | Emoji artwork provided by EmojiOne

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®.