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.
Sep 0212:30 AM EDT
-01:30 AM EDT
Thought your job leaves no time for GMAT prep? After multiple GMAT attempts and a demanding consulting job, Kshitij improved to 695 in under 2 months. Learn the mindset shifts, study strategy, and execution changes that made the breakthrough possible.
Aug 2710:00 AM EDT
-11:00 AM EDT
We’ve worked incredibly hard to build TTP into the best test prep experience possible, and it would mean a lot to us to win Newsweek’s 2026 Readers’ Choice Award for Best Test Prep. If TTP has helped you, we’d be incredibly grateful for your vote.
Sep 0208:00 PM PDT
-09:00 PM PDT
Video explanations + diagnosis of 10 weakest areas + 150+ short videos + study plan!
Sep 0301:30 AM EDT
-02:30 AM EDT
At one point, she believed GMAT wasn’t for her. After scoring 595, self-doubt crept in and she questioned her potential. But instead of quitting, she made the right strategic changes. The result? A remarkable comeback to 695. Check out how Saakshi did it.
Sep 0410:00 AM PDT
-11:00 AM PDT
What does test anxiety really look like on the GMAT? For many test takers, it does not look like a panic attack. Instead, it shows up as brain fog, rereading, negative comparisons, mental noise....
Sep 0609:30 AM EDT
-12:30 PM EST
Top scores are possible when you enroll in a powerful EA course, taught live online + 6 months access to TTP OnDemand video courses included! Perfect class schedule and easy course access for working professionals. Class starts Sept. 6, 9:30am-12:30pm EST- Sep 09
07:00 AM PDT
-10:00 AM PDT
Meet AdComs and explore top Master’s programs - MiM, MiF, MSc, MSBA and more. - Application Fee Waivers - Free 1-Week of GMAT Club Tests: - Master's Application Toolkit - Grand Prize Giveaway 
Sep 1507:00 PM EDT
-09:00 PM EST
Elite scores are possible when you enroll in a powerful GMAT course, taught live online + 6 months access to TTP OnDemand video courses included! Class starts Tues/Thurs Sept. 15, 2026 - Nov. 15, 2027, 7:00pm-9:00pm EST
Sep 2108:00 PM EDT
-10:00 PM EDT
Elite scores are possible when you enroll in a powerful GMAT course, taught live online + 6 months access to TTP OnDemand video courses included! Class starts Tues/Thurs Oct. 13, 2026 - Jan. 7, 2027, 8:00pm-10:00pm EST
19 Nov 2009, 06:46
Kudos
Bookmarks
The price of a house decreased by \(x\%\) from 1998 to 1999 and increased by \(y\%\) from 1999 to 2000. If the house cost \(M\) dollars in 2000, how much did it cost in 1998?
A. \(100 * \frac{\frac{M}{1 + x}}{1 - y}\)
B. \(\frac{\frac{M}{1 + \frac{x}{100}}}{1 - \frac{y}{100}}\)
C. \(\frac{M}{1 + \frac{x}{100} - \frac{y}{100}}\)
D. \(\frac{\frac{10,000M}{100 + y}}{100 - x}\)
E. \(\frac{\frac{10,000M}{100 + x}}{100 - y}\)
A. \(100 * \frac{\frac{M}{1 + x}}{1 - y}\)
B. \(\frac{\frac{M}{1 + \frac{x}{100}}}{1 - \frac{y}{100}}\)
C. \(\frac{M}{1 + \frac{x}{100} - \frac{y}{100}}\)
D. \(\frac{\frac{10,000M}{100 + y}}{100 - x}\)
E. \(\frac{\frac{10,000M}{100 + x}}{100 - y}\)
Denote \(P\) as the price of the house in 1998. We know that \(M = P(1 - \frac{x}{100})(1 + \frac{y}{100})\) . From this equation \(P = \frac{\frac{M}{1 - \frac{x}{100}}}{1 + \frac{y}{100}}\) or \(\frac{\frac{10,000M}{100 + y}}{100 - x}\) .
Is there something wrong in the solution or I'm misreading it?
Say \(X={1 - \frac{x}{100}}\) and \(Y={1 - \frac{y}{100}}\)
If I rewrite the middle step \(M=P(X)(Y)\) => \(P=\frac{M}{XY}\)
=> some representation of \(\frac{10,000M}{(100 + y)(100 - x)}\)
Is there something wrong in the solution or I'm misreading it?
Say \(X={1 - \frac{x}{100}}\) and \(Y={1 - \frac{y}{100}}\)
If I rewrite the middle step \(M=P(X)(Y)\) => \(P=\frac{M}{XY}\)
=> some representation of \(\frac{10,000M}{(100 + y)(100 - x)}\)
Archived Topic
Hi there,
Archived GMAT Club Tests question - no more replies possible.
Where to now? Try our up-to-date Free Adaptive GMAT Club Tests
for the latest questions.
Still interested? Check out the "Best Topics" block below for better discussion and related questions.
Thank you for understanding, and happy exploring!
AN225
Joined: 29 Sep 2010
Last visit: 01 Mar 2017
Posts: 229
Own Kudos:
Given Kudos: 48
Status:Happy to join ROSS!
Concentration: General Management, Strategy
Schools: Ross '14 (M$)
Products:
14 Jan 2011, 13:28
Kudos
Bookmarks
gmattokyo, I had the same question as you did, but after your comment I realized the solution as well 
