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# Progressions (GP)

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Intern
Joined: 25 Apr 2017
Posts: 1

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08 May 2017, 08:11
The turnover of an organisation named "Coverage" was \$640 crores per annum in 2001. In the same year, the turnover of "Miles" had a turn over of \$40 crores per annum. The turnover of Miles increased by 700%/annum whereas that of Coverage increased by 300%/annum.
After how many years will both the companies have the same turnover?
A. 2 years
B. 3 years
C. 4 years
D. 6 years
E. 8 years

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Math Expert
Joined: 02 Sep 2009
Posts: 49303

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12 May 2017, 03:18
natasham911 wrote:
The turnover of an organisation named "Coverage" was \$640 crores per annum in 2001. In the same year, the turnover of "Miles" had a turn over of \$40 crores per annum. The turnover of Miles increased by 700%/annum whereas that of Coverage increased by 300%/annum.
After how many years will both the companies have the same turnover?
A. 2 years
B. 3 years
C. 4 years
D. 6 years
E. 8 years

Sent from my iPhone using GMAT Club Forum mobile app

--== Message from the GMAT Club Team ==--

THERE IS LIKELY A BETTER DISCUSSION OF THIS EXACT QUESTION.
This discussion does not meet community quality standards. It has been retired.

If you would like to discuss this question please re-post it in the respective forum. Thank you!

To review the GMAT Club's Forums Posting Guidelines, please follow these links: Quantitative | Verbal Please note - we may remove posts that do not follow our posting guidelines. Thank you.

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Re: Progressions (GP) &nbs [#permalink] 12 May 2017, 03:18
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# Progressions (GP)

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