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.
May 1308:30 AM PDT
-09:30 AM PDT
In Episode 4 of our GMAT Ninja CR series, we tackle the most intimidating CR question type: Boldface & "Legalese" questions. If you've ever stared at an answer choice that reads, "The first is a consideration introduced to counter a position that...
May 1212:00 PM EDT
-11:59 PM EDT
Make the most of your break with the most realistic GMAT™ prep. Take up to $700 off select products.- May 14
08:30 AM PDT
-09:30 AM PDT
Most GMAT test-takers are intimidated by the hardest GMAT Verbal questions. In this session, Target Test Prep GMAT instructor Erika Tyler-John, a 100th percentile GMAT scorer, will show you how top scorers break down challenging Verbal questions.. - Jun 10
06:00 AM PDT
-06:15 PM PDT
Register for the GMAT Club Virtual MBA Spotlight Fair – the world’s premier event for serious MBA candidates. This is your chance to hear directly from Admissions Directors at nearly every Top 30 MBA program..
22 May 2008, 01:24
Kudos
Bookmarks
Pls need your quick way!
Archived Topic
Hi there,
This topic has been closed and archived due to inactivity or violation of community quality standards. No more replies are possible here.
Where to now? Join ongoing discussions on thousands of quality questions in our Quantitative Questions Forum
Still interested in this question? Check out the "Best Topics" block below for a better discussion on this exact question, as well as several more related questions.
Thank you for understanding, and happy exploring!
22 May 2008, 01:42
Kudos
Bookmarks
A
Stmt-1
if you solve you will get r=10 which >8 thus sufficient
Stmt -2 true for all the values but for r=8 i.e when r =8 you get 1.16 which > 1.15 thus insufficient
thus answer A
Stmt-1
if you solve you will get r=10 which >8 thus sufficient
Stmt -2 true for all the values but for r=8 i.e when r =8 you get 1.16 which > 1.15 thus insufficient
thus answer A
22 May 2008, 02:19
Kudos
Bookmarks
Hi The answer is A:
Firstly, The formula given is Compound I and you should understand that CI = SI approximately
and that should help you sort this problem
Statement 1: I = 210 or PRT/100 = 210 (SI)Approx.
thus R= 10.5% hence CI should be around the same value thus Is sufficient
Statement 2: 1000(Value) - 1000 > 1000(1.15) - 1000 = 150 hence Interest is greater than 150 which implies PRT/100 > 150 or R> 7.5 thus insuffcient
Hence A is the answer. If you are not convinced if CI = SI just use some values and you will find that the value differes only in decimals.
Hope tht helps
Firstly, The formula given is Compound I and you should understand that CI = SI approximately
and that should help you sort this problem
Statement 1: I = 210 or PRT/100 = 210 (SI)Approx.
thus R= 10.5% hence CI should be around the same value thus Is sufficient
Statement 2: 1000(Value) - 1000 > 1000(1.15) - 1000 = 150 hence Interest is greater than 150 which implies PRT/100 > 150 or R> 7.5 thus insuffcient
Hence A is the answer. If you are not convinced if CI = SI just use some values and you will find that the value differes only in decimals.
Hope tht helps
