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

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The value of Maureen's investment portfolio has decreased by 5.8 perce  [#permalink]

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New post 30 Jul 2018, 01:11
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Question Stats:

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

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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


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(PS07793)

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Re: The value of Maureen's investment portfolio has decreased by 5.8 perce  [#permalink]

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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 ~ \(16800-1000=15800\)

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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


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Re: The value of Maureen's investment portfolio has decreased by 5.8 perce &nbs [#permalink] 30 Jul 2018, 01:52
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