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23 Jan 2010, 18:22
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E
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Difficulty:
35%
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Question Stats:
70% (01:26) correct
30%
(01:23)
wrong
based on 1176
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The total of company C's assets in 1994 was 300% greater than the total in 1993, which in turn was 400% greater than the total in 1992. If the total of company C's assets in in 1992 was N dollars, which one of the following represents company C's assets in 1994:
A. 7N
B. 8N
C. 9N
D. 12N
E. 20N
A. 7N
B. 8N
C. 9N
D. 12N
E. 20N
24 Jan 2010, 01:28
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The total of company C's assets in 1994 was 300% greater than the total in 1993, which in turn was 400% greater than the total in 1992. If the total of company C's assets in in 1992 was N dollars, which one of the following represents company C's assets in 1994:
A. 7N
B. 8N
C. 9N
D. 12N
E. 20N
300% greater - means 4 times as many;
400% greater - means 5 times as many.
If in initial year was \(n\) dollars, so in two years it will be n*5*4=20n.
Answer: E.
A. 7N
B. 8N
C. 9N
D. 12N
E. 20N
300% greater - means 4 times as many;
400% greater - means 5 times as many.
If in initial year was \(n\) dollars, so in two years it will be n*5*4=20n.
Answer: E.
General Discussion
23 Jan 2010, 18:31
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Parisa1362
The total of company C's assets in 1994 was 300% greater than the total in 1993, which in turn was 400% greater than the total in 1992. If the total of company C's assets in in 1992 was N dollars, which one of the following represents company C's assets in 1994:
- 7N
- 8N
- 9N
-12N
- 20N
Answer: 20N please explain!
- 7N
- 8N
- 9N
-12N
- 20N
Answer: 20N please explain!
Profit in 1992 = N
Profit in 1993 = 4*N (400% of N) + N = 5N --- 400% greater really means 1993 is 5 times that of 1992.
Profit in 1994 = 3*1992 = 3*(5*N) = 15N + 5N = 20N -- 300% greater really means 1994 is 4 times that of 1993.
