Events & Promotions
|
|
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
Track
Your Progress
Practice
Pays
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Apr 2301:30 AM EDT
-02:30 AM EDT
Struggling with GMAT Verbal as a non-native speaker? Harsh improved his score from 595 to 695 in just 45 days—and scored a 99 %ile in Verbal (V88)! Learn how smart strategy, clarity, and guided prep helped him gain 100 points.
Apr 2212:30 AM EDT
-01:30 AM EDT
At one point, she believed GMAT wasn’t for her. After scoring 595, self-doubt crept in and she questioned her potential. But instead of quitting, she made the right strategic changes. The result? A remarkable comeback to 695. Check out how Saakshi did it.
Apr 2308:00 PM PDT
-09:00 PM PDT
Video explanations + diagnosis of 10 weakest areas + 150+ short videos + study plan!
Apr 2610:00 AM EDT
-11:00 AM EDT
The Target Test Prep course represents a quantum leap forward in GMAT preparation, a radical reinterpretation of the way that students should study. Try before you buy with a 5-day, full-access trial of the course for FREE!
Apr 2711:00 AM EDT
-12:00 PM EDT
Prefer video-based learning? The Target Test Prep OnDemand course is a one-of-a-kind video masterclass featuring 400 hours of lecture-style teaching by Scott Woodbury-Stewart, founder of Target Test Prep and one of the most accomplished GMAT instructors
Apr 2808:00 AM PDT
-11:00 AM PDT
Whether you are just beginning your MBA journey or fine-tuning your path to a 700+ score, GMAT Day is designed to give you a competitive edge.
01 Apr 2025, 21:52
Kudos
Bookmarks
Option B: \(100r^2 + 10,100r\)
Difference: \(100r\)
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
55%
(hard)
Question Stats:
65% (02:54) correct
35%
(02:50)
wrong
based on 604
sessions
History
Date
Time
Result
Not Attempted Yet
There are two options for the terms of a loan of $10,000r, both of which require repayment of the principal and all associated interest after one year.
Select the expression that represents the total payment due at the end of the year under Option B and the expression that represents the positive Difference between the total payments due under the two options. Make only two selections, one in each column.
- Option A has a simple annual interest rate of r%.
- Option B has a simple annual interest rate of (r + 1)%.
Select the expression that represents the total payment due at the end of the year under Option B and the expression that represents the positive Difference between the total payments due under the two options. Make only two selections, one in each column.
| Option B | Difference | |
| \(10,000r\) | ||
| \(\frac{r+101}{100}\) | ||
| \(100(r + 100)r\) | ||
| \(0.01r + 1\) | ||
| \(100r^2 + 10,100r\) | ||
| \(100r\) |
ShowHide Answer
Official Answer
Option B: \(100r^2 + 10,100r\)
Difference: \(100r\)
04 Apr 2025, 12:00
Kudos
Bookmarks
1. The question is essentially asking us to find the total payment due, after one year, under each option.
2. Option A. With an interest rate of r%, the total value will be \(10000r * (100\% + r\%) = 10000r + 100r^2\).
3. Option B. With an interest rate of (r + 1)%, the total value will be \(10000r * (100\% + (r + 1)\%) = 10000r + 100r^2 + 100r = 10100r + 100r^2\).
4. The positive difference between the two options is \(Option \ B - Option \ A = (10100r + 100r^2) - (10000r + 100r^2) = 100r\).
5. Our answer will be: Option B - \(100r^2 + 10100r\) and Difference - \(100r\).
2. Option A. With an interest rate of r%, the total value will be \(10000r * (100\% + r\%) = 10000r + 100r^2\).
3. Option B. With an interest rate of (r + 1)%, the total value will be \(10000r * (100\% + (r + 1)\%) = 10000r + 100r^2 + 100r = 10100r + 100r^2\).
4. The positive difference between the two options is \(Option \ B - Option \ A = (10100r + 100r^2) - (10000r + 100r^2) = 100r\).
5. Our answer will be: Option B - \(100r^2 + 10100r\) and Difference - \(100r\).
21 Apr 2026, 07:35
Kudos
Bookmarks
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.
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.
