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Oil traders have profited handsomely from the recent rise

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Oil traders have profited handsomely from the recent rise  [#permalink]

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New post 14 Oct 2018, 23:04
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A
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C
D
E

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Oil traders have profited handsomely from the recent rise in its price.

A. in its price
B. in oil price
C. in the price of oil
D. of oil price
E. of the oil price

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Re: Oil traders have profited handsomely from the recent rise  [#permalink]

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New post 16 Oct 2018, 00:02
5
Diwakar003 wrote:
prabsahi wrote:

recent rise IN--

A--its (will be preferrabe to OIL)
B. rise in oil price..rise in price of oil...preferrable to have price of oil..
C.right
D..of is wrong
E.Its rise in price..so of is wrong


prabsahi,

Could you please explain why 'rise of' is wrong here? Whether its usage is wrong or it's not preferred in GMAT? I tried do google it out but couldn't find satisfactory answers. Thanks in advance!

Cheers!



The usage Rise is as follows:

Rise in ---Increase in SOMETHING..

Rise of (aggregate of something)

So,you can say..Rise in price of gold,Rise in the crime rate
rise of the titans :) rise of Alexander...Rise of 100%
RISE OF CROWdfunding

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Re: Oil traders have profited handsomely from the recent rise  [#permalink]

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New post 15 Oct 2018, 19:28
MsInvBanker wrote:
Oil traders have profited handsomely from the recent rise in its price.

A. in its price
B. in oil price
C. in the price of oil
D. of oil price
E. of the oil price



recent rise IN--

A--its (will be preferrabe to OIL)
B. rise in oil price..rise in price of oil...preferrable to have price of oil..
C.right
D..of is wrong
E.Its rise in price..so of is wrong
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Re: Oil traders have profited handsomely from the recent rise  [#permalink]

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New post 15 Oct 2018, 23:25
prabsahi wrote:

recent rise IN--

A--its (will be preferrabe to OIL)
B. rise in oil price..rise in price of oil...preferrable to have price of oil..
C.right
D..of is wrong
E.Its rise in price..so of is wrong


prabsahi,

Could you please explain why 'rise of' is wrong here? Whether its usage is wrong or it's not preferred in GMAT? I tried do google it out but couldn't find satisfactory answers. Thanks in advance!

Cheers!
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Re: Oil traders have profited handsomely from the recent rise  [#permalink]

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New post 16 Dec 2018, 23:57
2
Explanation is not clear, can someone explain it please
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Re: Oil traders have profited handsomely from the recent rise  [#permalink]

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New post 17 Dec 2018, 00:21
1
chand567 wrote:
Explanation is not clear, can someone explain it please



Hi Chand567,

Can you please share your specific query doubt?

Thanks
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Re: Oil traders have profited handsomely from the recent rise  [#permalink]

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New post 20 Dec 2018, 06:25
Can anyone explain why C and not B?
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Oil traders have profited handsomely from the recent rise  [#permalink]

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New post Updated on: 23 Dec 2018, 18:06
MsInvBanker hazelnut DmitryFarber aragonn

Both option B and C appear to be correct.

Can you explain why C is to be preferred over B?

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Originally posted by Helium on 20 Dec 2018, 18:37.
Last edited by Helium on 23 Dec 2018, 18:06, edited 2 times in total.
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Re: Oil traders have profited handsomely from the recent rise  [#permalink]

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New post 22 Dec 2018, 22:46
Please explain , why B is wrong here ?
Both B and C sound right.

Excerpt from The Gaurdian
The global economy could be damaged if oil prices return to $100 (??76) a barrel, experts have warned, after crude prices hit a four-year high of $82.16.
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Oil traders have profited handsomely from the recent rise  [#permalink]

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New post 29 Dec 2018, 10:59
1
First off, this isn't really one of our questions. Someone took an example sentence from our SC guide and decided to add answer choices to it, so there's no official answer. However, C mirrors the version we used in our guide.

If "price" were the subject of the sentence, B would be objectively wrong. We can see that easily by removing the adjective "oil":


The prices have gone down.
Prices have gone down.
The price has gone down.

Price has gone down. :?

In this way, "price" isn't much different from any other noun. For instance, we can say "Dogs are running," but not "Dog is running."

However, in this sentence, "price" is part of a modifier ("in price"), and it's fairly normal to say things like "A drop in price would entice more buyers." So can we say "an increase in oil price"? I wouldn't, but people do. I can't say definitively whether the GMAT would accept this. However, given the choice between B and C, C is safer.
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Oil traders have profited handsomely from the recent rise  [#permalink]

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New post 29 Dec 2018, 18:48
DmitryFarber wrote:

If "price" were the subject of the sentence, B would be objectively wrong. We can see that easily by removing the adjective "oil":


The prices have gone down.
Prices have gone down.
The price has gone down.

Price has gone down. :?


@DmitryFarber

Thanks for your reply. But I am not able to understand the point you explained above. Can you please elaborate more?


In this way, "price" isn't much different from any other noun. For instance, we can say "Dogs are running," but not "Dog is running."


Can you explain why "Dog is running." wrong?


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Re: Oil traders have profited handsomely from the recent rise  [#permalink]

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New post 30 Dec 2018, 00:22
1
That's just a fundamental rule of English. Any noun that refers to a singular object or entity but is not a name needs an article (a/an/the). Without the article, it's not clear what we mean by a singular noun.

I love dogs: I love all dogs
I love the dogs: I love a specific set of dogs that we are discussing
I love the dog: I love one specific dog that we are discussing
I love dog: ??? (I love a certain dog? I love dog-related things? I love to eat dog meat? It just doesn't work.)

Similarly, I can't say "I was stopped by police officer" or "Store is closed today." Notice that we can say "College is very challenging," because we aren't referring to one particular college. We cannot say "College is closed today."
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Re: Oil traders have profited handsomely from the recent rise &nbs [#permalink] 30 Dec 2018, 00:22
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Oil traders have profited handsomely from the recent rise

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