Events & Promotions
|
|
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
Track
Your Progress
Practice
Pays
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Nov 2007:30 AM PST
-08:30 AM PST
Learn what truly sets the UC Riverside MBA apart and how it helps in your professional growth
Nov 2001:30 PM EST
-02:30 PM IST
Learn how Kamakshi achieved a GMAT 675 with an impressive 96th %ile in Data Insights. Discover the unique methods and exam strategies that helped her excel in DI along with other sections for a balanced and high score.
Nov 2206:30 AM PST
-08:30 AM PST
Let’s dive deep into advanced CR to ace GMAT Focus! Join this webinar to unlock the secrets to conquering Boldface and Paradox questions with expert insights and strategies. Elevate your skills and boost your GMAT Verbal Score now!
Nov 2211:00 AM IST
-01:00 PM IST
Do RC/MSR passages scare you? e-GMAT is conducting a masterclass to help you learn – Learn effective reading strategies Tackle difficult RC & MSR with confidence Excel in timed test environment- Nov 23
11:00 AM IST
-01:00 PM IST
Attend this free GMAT Algebra Webinar and learn how to master the most challenging Inequalities and Absolute Value problems with ease. 
Nov 2407:00 PM PST
-08:00 PM PST
Full-length FE mock with insightful analytics, weakness diagnosis, and video explanations!
Nov 2510:00 AM EST
-11:00 AM EST
Prefer video-based learning? The Target Test Prep OnDemand course is a one-of-a-kind video masterclass featuring 400 hours of lecture-style teaching by Scott Woodbury-Stewart, founder of Target Test Prep and one of the most accomplished GMAT instructors.
11 Oct 2018, 04:15
Kudos
Bookmarks
E
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
35%
(medium)
Question Stats:
71% (01:31) correct
29%
(01:24)
wrong
based on 93
sessions
History
Date
Time
Result
Not Attempted Yet
If Company X’s and Company Y’s annual sales in 2011 were each 15 percent higher than their respective annual sales in 2010, what was Company X’s annual sales in 2010?
(1) The sum of Company X’s and Company Y’s annual sales in 2010 was $60,000.
(2) The sum of Company X’s and Company Y’s annual sales in 2011 was $69,000.
(1) The sum of Company X’s and Company Y’s annual sales in 2010 was $60,000.
(2) The sum of Company X’s and Company Y’s annual sales in 2011 was $69,000.
11 Oct 2018, 04:51
Kudos
Bookmarks
Bunuel
Let \(X_2 and Y_2\) be the sales for the companies in 2011 and Let \(X_1 and Y_1\) be the sales for the companies in 2010.
We know \(X_2 + Y_2\) = \((X_1 + Y_1)*1.15\)
For statement 1) we know the sum of \(X_1 and Y_1\) but that only tells us the sum of \(X_2 + Y_2\) and nothing specific on the sales of any of the two companies.
Insufficient.
For statement 2) we know the sum of \(X_2 and Y_2\) but that only tells us the sum of \(X_1 and Y_1\) and nothing specific on the sales of any of the two companies.
Insufficient.
Even when combined we don't get any further insight. we know the increase is 9,000 but what is sales of company x or company y?
E
19 May 2024, 21:47
Kudos
Bookmarks
Let , the company X's annual sales in 2010 be x and company Y's annual sales in 2010 be y.
From the first statement - x + y = 60000
From the second statement - 1.15x+ 1.15y = 69000
1.15(x+y) = 69000
x+y = 60,000
Since both are same equation , no value of x and y can be found , even after combining .
E is the answer.
From the first statement - x + y = 60000
From the second statement - 1.15x+ 1.15y = 69000
1.15(x+y) = 69000
x+y = 60,000
Since both are same equation , no value of x and y can be found , even after combining .
E is the answer.
