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Just prior to 1990, Company Y had holdings valued at x dollars. In 199

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Just prior to 1990, Company Y had holdings valued at x dollars. In 199  [#permalink]

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30 May 2020, 22:57
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71% (01:56) correct 29% (02:04) wrong based on 41 sessions

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Just prior to 1990, Company Y had holdings valued at x dollars. In 1990, Company Y increased the value of its holdings by $4,000,000. In 1991, Company Y sustained a$10,000,000 loss in holdings. At the end of 1991, Company Y's holdings were worth half what they were just prior to 1990. Which of the following algebraic equations yields the value of Company Y's holdings, in dollars, just prior to 1990?

A. $$x-10,000,000=\frac{x}{2}+4,000,000$$

B. $$\frac{x}{2}-14,000,000=x$$

C. $$\frac{x}{2}-6,000,000=x$$

D. $$x+6,000,000=\frac{x}{2}$$

E. $$x-6,000,000=\frac{x}{2}$$

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Re: Just prior to 1990, Company Y had holdings valued at x dollars. In 199  [#permalink]

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30 May 2020, 23:08
x is the value of holdings prior 1990
In 1990 4,00,000 value were added to the company
In 1991 company suffered 10,00,000 loss
And the value after the year 1991 is half of that of the prior 1990
The operation will be:
X+4,00,000-10,00,000
X-6,00,000 is = x/2
X-6,00,000 = x/2

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Re: Just prior to 1990, Company Y had holdings valued at x dollars. In 199  [#permalink]

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30 May 2020, 23:39
Company Y holding's prior to 1990 = x $Company Y's holding's in 1990 = x + 4000000$
Company Y's holding's in 1991 = x + 4000000 - 10000000 $= x - 6000000$.

At the end of 1991, Company Y's holdings were worth half what they were just prior to 1990
=> x/2 = x - 6000000 \$.

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Re: Just prior to 1990, Company Y had holdings valued at x dollars. In 199  [#permalink]

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30 May 2020, 23:46
Prior to 1990 let Holding X
In 91, 4000000 holding increased
And in 91, 10000000 loss occurred.

Total holding in 91
X+4000000
As per info holdings worth half what that were prior to 90
X/2 = X+4000000-10000000
X/2 = X-6000000

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Re: Just prior to 1990, Company Y had holdings valued at x dollars. In 199  [#permalink]

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31 May 2020, 01:38
E ?

---|-------|--------|-------|

Prior
1990. 90. 91. 91(end

X + 4000k -10000k = 0.5x

X+4,00,000-10,00,000
X-6,00,000 is = x/2
X-6,00,000 = x/2

E .

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Re: Just prior to 1990, Company Y had holdings valued at x dollars. In 199   [#permalink] 31 May 2020, 01:38