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Quant OG 2nd edition- Q 93

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Junior | Next Rank: 30 Posts
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Quant OG 2nd edition- Q 93

by divyasood11 » Fri Dec 12, 2014 8:05 pm
In this question, could someone explain why statement 2 is not sufficient?

In my understanding, since the rate would have increased 15% more if the cancellation was made one day later, this means that cancellation was made on the 31st day.

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by [email protected] » Fri Dec 12, 2014 9:41 pm
Hi divyasood11,

I'll give you a hint - take another look at the table. Is that the ONLY time a 15% increase occurs?

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