GMAT Question of the Day - Daily to your Mailbox; hard ones only

It is currently 16 Dec 2018, 00:16

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 in December
PrevNext
SuMoTuWeThFrSa
2526272829301
2345678
9101112131415
16171819202122
23242526272829
303112345
Open Detailed Calendar
  • FREE Quant Workshop by e-GMAT!

     December 16, 2018

     December 16, 2018

     07:00 AM PST

     09:00 AM PST

    Get personalized insights on how to achieve your Target Quant Score.
  • Free GMAT Prep Hour

     December 16, 2018

     December 16, 2018

     03:00 PM EST

     04:00 PM EST

    Strategies and techniques for approaching featured GMAT topics

If a consultant charges $5,000 for a hours of consultation, and she ch

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

Hide Tags

Math Expert
User avatar
V
Joined: 02 Sep 2009
Posts: 51218
If a consultant charges $5,000 for a hours of consultation, and she ch  [#permalink]

Show Tags

New post 01 Jul 2018, 20:19
00:00
A
B
C
D
E

Difficulty:

  35% (medium)

Question Stats:

90% (01:29) correct 10% (02:30) wrong based on 29 sessions

HideShow timer Statistics

If a consultant charges $5,000 for a hours of consultation, and she charges at a constant hourly rate, what is the consultant's hourly rate?

(1) If the consultant's hourly rate had been $3 less, then the cost for the a hours of consultation would have been $300 less.
(2) If the consultant's hourly rate had been $4 more, then the cost for the a hours would have been 8% more.

_________________

New to the Math Forum?
Please read this: Ultimate GMAT Quantitative Megathread | All You Need for Quant | PLEASE READ AND FOLLOW: 12 Rules for Posting!!!

Resources:
GMAT Math Book | Triangles | Polygons | Coordinate Geometry | Factorials | Circles | Number Theory | Remainders; 8. Overlapping Sets | PDF of Math Book; 10. Remainders | GMAT Prep Software Analysis | SEVEN SAMURAI OF 2012 (BEST DISCUSSIONS) | Tricky questions from previous years.

Collection of Questions:
PS: 1. Tough and Tricky questions; 2. Hard questions; 3. Hard questions part 2; 4. Standard deviation; 5. Tough Problem Solving Questions With Solutions; 6. Probability and Combinations Questions With Solutions; 7 Tough and tricky exponents and roots questions; 8 12 Easy Pieces (or not?); 9 Bakers' Dozen; 10 Algebra set. ,11 Mixed Questions, 12 Fresh Meat

DS: 1. DS tough questions; 2. DS tough questions part 2; 3. DS tough questions part 3; 4. DS Standard deviation; 5. Inequalities; 6. 700+ GMAT Data Sufficiency Questions With Explanations; 7 Tough and tricky exponents and roots questions; 8 The Discreet Charm of the DS; 9 Devil's Dozen!!!; 10 Number Properties set., 11 New DS set.


What are GMAT Club Tests?
Extra-hard Quant Tests with Brilliant Analytics

Math Expert
User avatar
V
Joined: 02 Aug 2009
Posts: 7108
Re: If a consultant charges $5,000 for a hours of consultation, and she ch  [#permalink]

Show Tags

New post 01 Jul 2018, 23:48
If a consultant charges $5,000 for a hours of consultation, and she charges at a constant hourly rate, what is the consultant's hourly rate?

(1) If the consultant's hourly rate had been $3 less, then the cost for the a hours of consultation would have been $300 less.
so loss of $3 per hour results in $300
number of hour = \(\frac{300}{3}=100\)
hourly rate = \(\frac{5000}{100=50}\)
sufficient

(2) If the consultant's hourly rate had been $4 more, then the cost for the a hours would have been 8% more.
$4 more per hour results in 8% more
and 8% = \(5000*\frac{8}{100}=400\)
so hour = \(\frac{400}{4}=100\)
and hourly rate = \(\frac{5000}{100}=50\)
suff

D
_________________

1) Absolute modulus : http://gmatclub.com/forum/absolute-modulus-a-better-understanding-210849.html#p1622372
2)Combination of similar and dissimilar things : http://gmatclub.com/forum/topic215915.html
3) effects of arithmetic operations : https://gmatclub.com/forum/effects-of-arithmetic-operations-on-fractions-269413.html


GMAT online Tutor

GMAT Club Bot
Re: If a consultant charges $5,000 for a hours of consultation, and she ch &nbs [#permalink] 01 Jul 2018, 23:48
Display posts from previous: Sort by

If a consultant charges $5,000 for a hours of consultation, and she ch

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  


Copyright

GMAT Club MBA Forum Home| About| Terms and Conditions and Privacy Policy| 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®.