Last visit was: 23 Mar 2025, 00:28 It is currently 23 Mar 2025, 00:28
Home
GMAT
Messages
Tests
Schools
Reviews
Rewards
Chat
My Profile
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.
Go to My Error Log Learn more
Close
Request Expert Reply
Confirm Cancel
Back to Forum
Create Topic
User avatar
Bunuel
User avatar
Math Expert
Joined: 02 Sep 2009
Last visit: 22 Mar 2025
Posts: 100,022
Own Kudos:
709,987
 [12]
Given Kudos: 92,659
Products:
GMAT Club Tests Forum Quiz
Expert
Expert reply
Active GMAT Club Expert! Tag them with @ followed by their username for a faster response.
Posts: 100,022
Kudos: 709,987
 [12]
In 1970 there were 8,902 women stockbrokers in the United States. By 1 19 Aug 2018, 10:04
3
Kudos
Add Kudos
9
Bookmarks
Bookmark this Post
00:00
Start Timer
Pause Timer
Resume Timer
Show Answer
Hide
Show
History
B
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!

Difficulty:

5% (low)

Question Stats:

85% (01:20) correct 15% (01:05) wrong based on 624 sessions

History

Date
Time
Result
Not Attempted Yet
In 1970 there were 8,902 women stockbrokers in the United States. By 1978 the number had increased to 19,947. Approximately what was the percent increase?

(A) 45%
(B) 125%
(C) 145%
(D) 150%
(E) 225%
ShowHide Answer
Official Answer
B
User avatar
CounterSniper
User avatar
Joined: 20 Feb 2015
Last visit: 14 Apr 2023
Posts: 621
Own Kudos:
782
Given Kudos: 74
Concentration: Strategy, General Management
Posts: 621
Kudos: 782
In 1970 there were 8,902 women stockbrokers in the United States. By 1 19 Aug 2018, 10:14
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Bunuel
In 1970 there were 8,902 women stockbrokers in the United States. By 1978 the number had increased to 19,947. Approximately what was the percent increase?

(A) 45%
(B) 125%
(C) 145%
(D) 150%
(E) 225%

% increase =\(\frac{(19947-8902) * 100}{8902}\)
= \(\frac{11905}{8902 * 100}\)
~\(\frac{12000 *100}{9000}\)
< 130%
~ 125 %
User avatar
BARUAH
User avatar
Joined: 25 Nov 2017
Last visit: 20 Jun 2022
Posts: 66
Own Kudos:
31
Given Kudos: 70
Location: India
Schools: IIMA PGPX"20 IIMC PGPEX"20 IIMB EPGP"20 Kellogg 1YR '20 IIM Indore EPGP "21
GMAT 1: 590 Q47 V25
GMAT 2: 660 Q50 V29
GPA: 3.56
Schools: IIMA PGPX"20 IIMC PGPEX"20 IIMB EPGP"20 Kellogg 1YR '20 IIM Indore EPGP "21
GMAT 2: 660 Q50 V29
Posts: 66
Kudos: 31
In 1970 there were 8,902 women stockbrokers in the United States. By 1 19 Aug 2018, 10:46
Kudos
Add Kudos
Bookmarks
Bookmark this Post
11000/8900=110/89 ~110/90=11/9~1.22 ~122%~125% ans B

Posted from my mobile device
User avatar
Solenja
User avatar
Joined: 23 Sep 2021
Last visit: 16 Jul 2024
Posts: 129
Own Kudos:
59
Given Kudos: 257
GRE 1: Q163 V157
GRE 1: Q163 V157
Posts: 129
Kudos: 59
In 1970 there were 8,902 women stockbrokers in the United States. By 1 27 Dec 2022, 20:05
Kudos
Add Kudos
Bookmarks
Bookmark this Post
CounterSniper
Bunuel
In 1970 there were 8,902 women stockbrokers in the United States. By 1978 the number had increased to 19,947. Approximately what was the percent increase?

(A) 45%
(B) 125%
(C) 145%
(D) 150%
(E) 225%

% increase =\(\frac{(19947-8902) * 100}{8902}\)
= \(\frac{11905}{8902 * 100}\)
~\(\frac{12000 *100}{9000}\)
< 130%
~ 125 %
Hey Counter Sniper
i get it that you were trying to round it up to the nearest integer for the answer but (19947-8902 doesn't equal to 11905).
thank you
User avatar
goncalogomes2000
User avatar
Joined: 30 Jan 2023
Last visit: 26 Mar 2023
Posts: 12
Own Kudos:
3
 [1]
Given Kudos: 12
Location: Macau
Posts: 12
Kudos: 3
 [1]
In 1970 there were 8,902 women stockbrokers in the United States. By 1 12 Feb 2023, 13:53
1
Kudos
Add Kudos
Bookmarks
Bookmark this Post
I think you should try avoid calculations:

So you know that in 1970 the number of Womens were 8,902.

If the increase was 100% it should be near 18,000 (try to think 9,000x2=18,000, since 8,902 it's close to 9,000) .

If the increase was 150% (9,000x2+ 4,500) the number of Womens would be 22,500

Since 145% is realy near to 150% it can only be option B

:)
User avatar
bumpbot
User avatar
Non-Human User
Joined: 09 Sep 2013
Last visit: 04 Jan 2021
Posts: 36,669
Own Kudos:
963
Posts: 36,669
Kudos: 963
In 1970 there were 8,902 women stockbrokers in the United States. By 1 26 Jun 2024, 20:43
Kudos
Add Kudos
Bookmarks
Bookmark this Post
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.
Moderators:
Bunuel
Math Expert
100022 posts
Krunaal
PS Forum Moderator
503 posts