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

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

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New post 02 Aug 2018, 00:32
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A
B
C
D
E

Difficulty:

  25% (medium)

Question Stats:

83% (01:46) correct 17% (02:05) wrong based on 29 sessions

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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

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Re: If Albert’s monthly earnings rise by 26%, he would earn $693. If, inst  [#permalink]

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New post 02 Aug 2018, 00:38
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

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Re: If Albert’s monthly earnings rise by 26%, he would earn $693. If, inst  [#permalink]

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New post 02 Aug 2018, 00:46
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

The best answer is C.
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Re: If Albert’s monthly earnings rise by 26%, he would earn $693. If, inst  [#permalink]

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New post 02 Aug 2018, 02:57
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.
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Re: If Albert’s monthly earnings rise by 26%, he would earn $693. If, inst &nbs [#permalink] 02 Aug 2018, 02:57
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If Albert’s monthly earnings rise by 26%, he would earn $693. If, inst

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