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

 It is currently 23 May 2019, 04:07

### 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

# Is the percent increase in the profit made on the articles in the stor

Author Message
TAGS:

### Hide Tags

Math Expert
Joined: 02 Sep 2009
Posts: 55264
Is the percent increase in the profit made on the articles in the stor  [#permalink]

### Show Tags

03 Jul 2017, 04:56
00:00

Difficulty:

25% (medium)

Question Stats:

93% (01:44) correct 7% (01:16) wrong based on 21 sessions

### HideShow timer Statistics

Is the percent increase in the profit made on the articles in the store after the old manager was replaced by a new one greater than 100 percent? Assume that all articles are
identical.

(1) Articles were initially sold by the old manager at a price resulting in 10% profit for the store.
(2) After the old store manager was replaced by a new one, articles were sold at a price resulting in 80% profit for the store.

_________________
Director
Joined: 05 Mar 2015
Posts: 998
Re: Is the percent increase in the profit made on the articles in the stor  [#permalink]

### Show Tags

03 Jul 2017, 08:08
Bunuel wrote:
Is the percent increase in the profit made on the articles in the store after the old manager was replaced by a new one greater than 100 percent? Assume that all articles are
identical.

(1) Articles were initially sold by the old manager at a price resulting in 10% profit for the store.
(2) After the old store manager was replaced by a new one, articles were sold at a price resulting in 80% profit for the store.

(1) no info of profit done after manager replaced...insuff

(2) no info of profit made by earlier manager after manager replaced...insuff

combining ..
initial profit =10%
profit made by new manager = 80%

% change can be calculated .....suff

Ans C
Re: Is the percent increase in the profit made on the articles in the stor   [#permalink] 03 Jul 2017, 08:08
Display posts from previous: Sort by