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

 It is currently 11 Dec 2018, 21:22

### 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

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

## Events & Promotions

###### Events & Promotions in December
PrevNext
SuMoTuWeThFrSa
2526272829301
2345678
9101112131415
16171819202122
23242526272829
303112345
Open Detailed Calendar
• ### Free GMAT Prep Hour

December 11, 2018

December 11, 2018

09:00 PM EST

10:00 PM EST

Strategies and techniques for approaching featured GMAT topics. December 11 at 9 PM EST.
• ### The winning strategy for 700+ on the GMAT

December 13, 2018

December 13, 2018

08:00 AM PST

09:00 AM PST

What people who reach the high 700's do differently? We're going to share insights, tips and strategies from data we collected on over 50,000 students who used examPAL.

# If Albert’s monthly earnings rise by 26%, he would earn \$693. If, inst

Author Message
TAGS:

### Hide Tags

Math Expert
Joined: 02 Sep 2009
Posts: 51101
If Albert’s monthly earnings rise by 26%, he would earn \$693. If, inst  [#permalink]

### Show Tags

01 Aug 2018, 23:32
00:00

Difficulty:

25% (medium)

Question Stats:

80% (01:46) correct 20% (01:58) wrong based on 30 sessions

### HideShow timer Statistics

If Albert’s monthly earnings rise by 26%, he would earn \$693. If, instead, his earnings rise by only 20%, how much (in \$) would he earn this month?

(A) 643
(B) 652
(C) 660
(D) 690
(E) 693

_________________
Senior Manager
Joined: 21 Jan 2015
Posts: 356
Location: India
Concentration: Strategy, Marketing
GMAT 1: 620 Q48 V28
GMAT 2: 690 Q49 V35
WE: Sales (Consumer Products)
Re: If Albert’s monthly earnings rise by 26%, he would earn \$693. If, inst  [#permalink]

### Show Tags

01 Aug 2018, 23:38
Ans: C
let say his earning is E so
given 1.26 E =693 so E =693/1.26
if E inceased by 20% then E' = (693/1.26) *1.20 =660

Bunuel wrote:
If Albert’s monthly earnings rise by 26%, he would earn \$693. If, instead, his earnings rise by only 20%, how much (in \$) would he earn this month?

(A) 643
(B) 652
(C) 660
(D) 690
(E) 693

_________________

--------------------------------------------------------------------
The Mind is Everything, What we Think we Become.

Director
Joined: 31 Oct 2013
Posts: 855
Concentration: Accounting, Finance
GPA: 3.68
WE: Analyst (Accounting)
Re: If Albert’s monthly earnings rise by 26%, he would earn \$693. If, inst  [#permalink]

### Show Tags

01 Aug 2018, 23:46
Bunuel wrote:
If Albert’s monthly earnings rise by 26%, he would earn \$693. If, instead, his earnings rise by only 20%, how much (in \$) would he earn this month?

(A) 643
(B) 652
(C) 660
(D) 690
(E) 693

126% represents 693

1% represents 693 / 126

120 % represents (693 / 126)*120 = 660

SC Moderator
Joined: 30 Jan 2015
Posts: 662
Location: India
Concentration: Operations, Marketing
GPA: 3.5
Re: If Albert’s monthly earnings rise by 26%, he would earn \$693. If, inst  [#permalink]

### Show Tags

02 Aug 2018, 01:57
Bunuel wrote:
If Albert’s monthly earnings rise by 26%, he would earn \$693. If, instead, his earnings rise by only 20%, how much (in \$) would he earn this month?

126/100 * X = 693
X = 550

120/100 * 550 = 660

Hence, C.
_________________

The few, the fearless !

Thanks

Re: If Albert’s monthly earnings rise by 26%, he would earn \$693. If, inst &nbs [#permalink] 02 Aug 2018, 01:57
Display posts from previous: Sort by