It is currently 29 Jun 2017, 07:42

### 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

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

# Events & Promotions

###### Events & Promotions in June
Open Detailed Calendar

# PS: Condominium (m06q35)

 new topic post reply Question banks Downloads My Bookmarks Reviews Important topics
Author Message
Senior Manager
Joined: 19 Mar 2008
Posts: 351
PS: Condominium (m06q35) [#permalink]

### Show Tags

15 Aug 2008, 09:59
This topic is locked. If you want to discuss this question please re-post it in the respective forum.

A Commonwealth condominium complex has k apartments, n of which are rented at s dollars providing the total revenue of p dollars. If the management is planning to decrease the rent by m%, bringing the occupancy to 100%, how much total revenue will it collect?

(k-n)p/m
k*(s/p)*(m/100)
k+s/p+km
sp/(100m)
sk*(1-m/100)
Intern
Joined: 02 Jul 2007
Posts: 3
Re: PS: Condominium [#permalink]

### Show Tags

15 Aug 2008, 13:37
(E)
Original rent = s; New rent = s(1-m/100) [for m% decrease] so Revenue with 100% occupancy = Total Apartments (multiplied by) New Rent = ks(1-m/100).
Re: PS: Condominium   [#permalink] 15 Aug 2008, 13:37
Similar topics Replies Last post
Similar
Topics:
2 PS 4 14 Feb 2013, 06:41
3 ps 2 28 Mar 2011, 00:18
PS: m 15 #6 1 24 Jun 2009, 19:17
PS: m 15 #31 3 23 Jun 2009, 22:59
PS: Divisors 6 26 Feb 2009, 07:36
Display posts from previous: Sort by

# PS: Condominium (m06q35)

 new topic post reply Question banks Downloads My Bookmarks Reviews Important topics

Moderator: Bunuel

 Powered by phpBB © phpBB Group and phpBB SEO Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.