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SuperHumanAmit
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gk3.14
Average cost of water for each household= 75/120;
Average cost of water after increase = 80/120;

percent increase = (5/120 / 75/120 )* 100 = 1/15 * 100 = 6.66

~ 7%
OA?


same approach

Heman
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I'm pretty sure that you don't even need to know what the cost per household is, since the amount of households remains the same for the problem. All you need to know is that the cost increases from 75,000 to 80,000. So, the percentage increase is equal to 5,000/75,000, which equals .0666, or ~7.

Exactly Same. I saw this problem today in my PR CAT1.
PR math is easier than GMATPrep. I got 36 correct in PR.
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Stacey800
I'm pretty sure that you don't even need to know what the cost per household is, since the amount of households remains the same for the problem. All you need to know is that the cost increases from 75,000 to 80,000. So, the percentage increase is equal to 5,000/75,000, which equals .0666, or ~7.
Exactly Same. I saw this problem today in my PR CAT1.
PR math is easier than GMATPrep. I got 36 correct in PR.


hey..but dont you think the scaling is pretty bad in Princeton. I mean, i got 4 wrong on this test...and i got a scaled score of 45. Thats almost impossible on the actual GMAT.
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SuperHumanAmit
ps_dahiya
Stacey800
I'm pretty sure that you don't even need to know what the cost per household is, since the amount of households remains the same for the problem. All you need to know is that the cost increases from 75,000 to 80,000. So, the percentage increase is equal to 5,000/75,000, which equals .0666, or ~7.
Exactly Same. I saw this problem today in my PR CAT1.
PR math is easier than GMATPrep. I got 36 correct in PR.

hey..but dont you think the scaling is pretty bad in Princeton. I mean, i got 4 wrong on this test...and i got a scaled score of 45. Thats almost impossible on the actual GMAT.


The only somewhat accurate adaptive CAT is the GMATPrep. No test prep company can decipher the scoring algorithm that PVue uses.
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GMATT73
SuperHumanAmit
ps_dahiya
[quote="Stacey800"]I'm pretty sure that you don't even need to know what the cost per household is, since the amount of households remains the same for the problem. All you need to know is that the cost increases from 75,000 to 80,000. So, the percentage increase is equal to 5,000/75,000, which equals .0666, or ~7.
Exactly Same. I saw this problem today in my PR CAT1.
PR math is easier than GMATPrep. I got 36 correct in PR.

hey..but dont you think the scaling is pretty bad in Princeton. I mean, i got 4 wrong on this test...and i got a scaled score of 45. Thats almost impossible on the actual GMAT.

The only somewhat accurate adaptive CAT is the GMATPrep. No test prep company can decipher the scoring algorithm that PVue uses.[/quote]
That is so true.

Amit, you are right.



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