Last visit was: 27 Apr 2026, 11:59 It is currently 27 Apr 2026, 11:59
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.
Close
Request Expert Reply
Confirm Cancel
User avatar
MathRevolution
User avatar
Math Revolution GMAT Instructor
Joined: 16 Aug 2015
Last visit: 27 Sep 2022
Posts: 10,063
Own Kudos:
20,008
 [10]
Given Kudos: 4
GMAT 1: 760 Q51 V42
GPA: 3.82
Expert
Expert reply
GMAT 1: 760 Q51 V42
Posts: 10,063
Kudos: 20,008
 [10]
Kudos
Add Kudos
10
Bookmarks
Bookmark this Post
User avatar
chetan2u
User avatar
GMAT Expert
Joined: 02 Aug 2009
Last visit: 27 Apr 2026
Posts: 11,229
Own Kudos:
Given Kudos: 335
Status:Math and DI Expert
Location: India
Concentration: Human Resources, General Management
GMAT Focus 1: 735 Q90 V89 DI81
Products:
Expert
Expert reply
GMAT Focus 1: 735 Q90 V89 DI81
Posts: 11,229
Kudos: 45,030
Kudos
Add Kudos
Bookmarks
Bookmark this Post
User avatar
PKN
Joined: 01 Oct 2017
Last visit: 11 Oct 2025
Posts: 809
Own Kudos:
1,640
 [1]
Given Kudos: 41
Status:Learning stage
WE:Supply Chain Management (Energy)
Posts: 809
Kudos: 1,640
 [1]
Kudos
Add Kudos
1
Bookmarks
Bookmark this Post
User avatar
GMATGuruNY
Joined: 04 Aug 2010
Last visit: 02 Apr 2026
Posts: 1,347
Own Kudos:
Given Kudos: 9
Schools:Dartmouth College
Expert
Expert reply
Posts: 1,347
Kudos: 3,906
Kudos
Add Kudos
Bookmarks
Bookmark this Post
MathRevolution
[GMAT math practice question]

John invested \(\frac{1}{4}\) of A dollars in an investment fund, and placed the remaining \(\frac{3}{4}\) of A dollars in a savings account. If he made a 4p% loss on the fund, and a p% profit on the savings account, what was his total profit (or loss), in terms of A and p? (A negative value represents a loss.)

\(A. \frac{–Ap}{400}\)
\(B. 0\)
\(C. \frac{Ap}{400}\)
\(D. \frac{Ap}{200}\)
\(E. \frac{Ap}{100}\)

Let \(A=40\)

Amount invested in the fund = \(\frac{1}{4} * 40 = 10\)
Since \(4p = 4*10 = 40\), John loses 40% of his investment in the fund:
Loss = \(\frac{40}{100}(10) = -4\)

Amount placed in the savings account = \(40-10=30\)
Since \(p=10\), John earns 10% of the amount placed in the savings account:
Gain = \(\frac{10}{100}(30)= 3\)

Loss + Gain = \(-4+3 = -1\)
The correct answer must be NEGATIVE.

User avatar
Abhishek009
User avatar
Board of Directors
Joined: 11 Jun 2011
Last visit: 17 Dec 2025
Posts: 5,902
Own Kudos:
5,457
 [1]
Given Kudos: 463
Status:QA & VA Forum Moderator
Location: India
GPA: 3.5
WE:Business Development (Commercial Banking)
Posts: 5,902
Kudos: 5,457
 [1]
1
Kudos
Add Kudos
Bookmarks
Bookmark this Post
MathRevolution
John invested \(\frac{1}{4}\) of A dollars in an investment fund, and placed the remaining \(\frac{3}{4}\) of A dollars in a savings account. If he made a 4p% loss on the fund, and a p% profit on the savings account, what was his total profit (or loss), in terms of A and p? (A negative value represents a loss.)

\(A. \frac{–Ap}{400}\)
\(B. 0\)
\(C. \frac{Ap}{400}\)
\(D. \frac{Ap}{200}\)
\(E. \frac{Ap}{100}\)

Profit on Savings fund is \(\frac{3Ap}{400}\)

Loss on the investment fund is \(\frac{p}{100}\)

So, Net profit is \(\frac{3Ap}{400}\) \(-\) \(\frac{p}{100}\)

Or, Net profit is \(\frac{–Ap}{400}\), Answer must be (A)
User avatar
MathRevolution
User avatar
Math Revolution GMAT Instructor
Joined: 16 Aug 2015
Last visit: 27 Sep 2022
Posts: 10,063
Own Kudos:
Given Kudos: 4
GMAT 1: 760 Q51 V42
GPA: 3.82
Expert
Expert reply
GMAT 1: 760 Q51 V42
Posts: 10,063
Kudos: 20,008
Kudos
Add Kudos
Bookmarks
Bookmark this Post
=>
Total profit = profit on investment fund + profit on savings account
\(= (\frac{1}{4})A*(\frac{-4p}{100}) + (\frac{3}{4})A*(\frac{p}{100})\)
\(=-\frac{4Ap}{400} + \frac{3Ap}{400} = \frac{-Ap}{400}\)

Therefore, the answer is A.
Answer: A
User avatar
JeffTargetTestPrep
User avatar
Target Test Prep Representative
Joined: 04 Mar 2011
Last visit: 05 Jan 2024
Posts: 2,974
Own Kudos:
Given Kudos: 1,646
Status:Head GMAT Instructor
Affiliations: Target Test Prep
Expert
Expert reply
Posts: 2,974
Kudos: 8,718
Kudos
Add Kudos
Bookmarks
Bookmark this Post
MathRevolution
[GMAT math practice question]

John invested \(\frac{1}{4}\) of A dollars in an investment fund, and placed the remaining \(\frac{3}{4}\) of A dollars in a savings account. If he made a 4p% loss on the fund, and a p% profit on the savings account, what was his total profit (or loss), in terms of A and p? (A negative value represents a loss.)

\(A. \frac{–Ap}{400}\)
\(B. 0\)
\(C. \frac{Ap}{400}\)
\(D. \frac{Ap}{200}\)
\(E. \frac{Ap}{100}\)

We express p% as p/100 and 4p% as 4p/100. Thus, for the investment fund, he lost A/4 x 4p/100 = Ap/100 dollars. For the savings account, he made 3A/4 x p/100 = 3Ap/400 dollars. Thus his profit (or loss) is:

3Ap/400 - Ap/100 = 3Ap/400 - 4Ap/400 = -Ap/400

Answer: A
User avatar
bumpbot
User avatar
Non-Human User
Joined: 09 Sep 2013
Last visit: 04 Jan 2021
Posts: 38,986
Own Kudos:
Posts: 38,986
Kudos: 1,119
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Automated notice from GMAT Club BumpBot:

A member just gave Kudos to this thread, showing it’s still useful. I’ve bumped it to the top so more people can benefit. Feel free to add your own questions or solutions.

This post was generated automatically.
Moderators:
Math Expert
109928 posts
Tuck School Moderator
852 posts