GMAT Question of the Day - Daily to your Mailbox; hard ones only
close

It is currently 19 Aug 2018, 00:43
Register
GMAT Club Tests
Decision Tracker
My Rewards
New posts
Unanswered

Close

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

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Go to My Error Log Learn more
Close

Request Expert Reply

Confirm Cancel

The value of Maureen's investment portfolio has decreased by 5.8 perce

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  
  Sort by Date Sort by Kudos  
Search for:
 
Print view
First unread post
Author Message
TAGS:

Hide Tags
Math Expert
User avatar
V
Joined: 02 Sep 2009
Posts: 47983
Premium Member CAT Tests
Top Member of the Month
The value of Maureen's investment portfolio has decreased by 5.8 perce  [#permalink]

Show Tags

New post 30 Jul 2018, 01:11
00:00
A
B
C
D
E

Difficulty:

  25% (medium)

Question Stats:

73% (01:24) correct 27% (01:42) wrong based on 49 sessions

HideShow timer Statistics

The value of Maureen's investment portfolio has decreased by 5.8 percent since her initial investment in the portfolio. If her initial investment was $16,800, what is the current value of the portfolio?


A. $7,056.00
B. $14,280.00
C. $15,825.60
D. $16,702.56
E. $17,774.40


NEW question from GMAT® Quantitative Review 2019


(PS07793)
Spoiler: OA

_________________

New to the Math Forum?
Please read this: Ultimate GMAT Quantitative Megathread | All You Need for Quant | PLEASE READ AND FOLLOW: 12 Rules for Posting!!!

Resources:
GMAT Math Book | Triangles | Polygons | Coordinate Geometry | Factorials | Circles | Number Theory | Remainders; 8. Overlapping Sets | PDF of Math Book; 10. Remainders | GMAT Prep Software Analysis | SEVEN SAMURAI OF 2012 (BEST DISCUSSIONS) | Tricky questions from previous years.

Collection of Questions:
PS: 1. Tough and Tricky questions; 2. Hard questions; 3. Hard questions part 2; 4. Standard deviation; 5. Tough Problem Solving Questions With Solutions; 6. Probability and Combinations Questions With Solutions; 7 Tough and tricky exponents and roots questions; 8 12 Easy Pieces (or not?); 9 Bakers' Dozen; 10 Algebra set. ,11 Mixed Questions, 12 Fresh Meat

DS: 1. DS tough questions; 2. DS tough questions part 2; 3. DS tough questions part 3; 4. DS Standard deviation; 5. Inequalities; 6. 700+ GMAT Data Sufficiency Questions With Explanations; 7 Tough and tricky exponents and roots questions; 8 The Discreet Charm of the DS; 9 Devil's Dozen!!!; 10 Number Properties set., 11 New DS set.


What are GMAT Club Tests?
Extra-hard Quant Tests with Brilliant Analytics

Math Expert
User avatar
V
Joined: 02 Aug 2009
Posts: 6553
Premium Member Reviews Badge
Top Member of the Month
Re: The value of Maureen's investment portfolio has decreased by 5.8 perce  [#permalink]

Show Tags

New post 30 Jul 2018, 01:52
Bunuel wrote:
The value of Maureen's investment portfolio has decreased by 5.8 percent since her initial investment in the portfolio. If her initial investment was $16,800, what is the current value of the portfolio?


A. $7,056.00
B. $14,280.00
C. $15,825.60
D. $16,702.56
E. $17,774.40


NEW question from GMAT® Quantitative Review 2019


(PS07793)


The values are so wide spread that I don't hav eto worry about 5.8 take it as 6
so what is \(16800*\frac{6}{100}\) ~ \(1000\)
so our answer ~ \(16800-1000=15800\)

C
_________________

1) Absolute modulus : http://gmatclub.com/forum/absolute-modulus-a-better-understanding-210849.html#p1622372
2)Combination of similar and dissimilar things : http://gmatclub.com/forum/topic215915.html
3) effects of arithmetic operations : https://gmatclub.com/forum/effects-of-arithmetic-operations-on-fractions-269413.html


GMAT online Tutor

Re: The value of Maureen's investment portfolio has decreased by 5.8 perce &nbs [#permalink] 30 Jul 2018, 01:52
Print view
First unread post
Display posts from previous: Sort by

The value of Maureen's investment portfolio has decreased by 5.8 perce

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

Moderators: chetan2u, mikemcgarry, VeritasKarishma, Bunuel, niks18, generis

Search for:

Events & Promotions

PREV
NEXT


cron

GMAT Club MBA Forum Home| About| Terms and Conditions and Privacy Policy| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne

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®.

Main navigation

GMAT Resources

Partners

MBA Resources

www.gmac.com|www.mba.com | | GMAT Club Rules | Terms and Conditions