BREAKING: Target Test Prep releases Brand New 2026 On Demand GMAT prep course

Redeem

Target Test Prep · GMAT

Choose how you want to prepare

Learn live with an expert or move at your own pace. Every option includes the complete TTP study system.

★★★★★5.0559 reviews
GMATLiveTeach 7 seats left
Chris Peckover
NEXT LIVE COHORT

Oct 13 to Jan 7, 2027

with Chris Peckover

Schedule
Tue, Thu · 8:00 to 10:00 PM ET
Included
40 live hours + 6 months of GMAT OnDemand
  • Live instruction and real-time questions
  • Class recordings and assigned practice
View class & enroll
Limited cohort · enrollment openTarget Test Prep
EALiveTeach 5 seats left
Logan Thompson
EXECUTIVE ASSESSMENT

Sep 6 to Dec 6, 2026

with Logan Thompson

Schedule
Sun · 9:30 AM to 12:30 PM ET
Included
Live EA class + 6 months of EA OnDemand
  • Expert-led weekly online sessions
  • EA Masterclass access between classes
View EA class & enroll
Limited cohort · enrollment openTarget Test Prep
GMATOnDemand Start anytime
SELF-PACED MASTERCLASS

Target Test Prep GMAT OnDemand

Complete access from day one. Study on your schedule.

130-point score guarantee
$0to start then $127/mo
  • Personalized study plan and analytics
  • Thousands of lessons and practice questions

Compare the format, schedule, and included access before enrolling. Prices and seat counts shown reflect the supplied offer details.

At megalomania Industries, factory workers were paid $20 per hourin 1990 and $10 per hour in 2000. The CEO of...

Expert replies
by BTGmoderatorLU » Sat May 30, 2020 1:46 am

Timer

00:00

Answers

A

B

C

D

E

Stats

Difficulty

Source: Princeton Review

At Megalomania Industries, factory workers were paid $20 per hour in 1990 and $10 per hour in 2000. The CEO of Megalomania Industries was paid 5 million per year in 1990 and $50 million per year in 2000. The percent increase in the pay of Megalomania's CEO from 1990 to 2000 was what percent greater than the percent the decrease in the hourly pay of Megalomania's factory workers over the same period?

A. 850%
B. 900%
C. 950%
D. 1,700%
E. 1,900%

The OA is D
Join the discussion
Source: — Problem Solving |

This is my approach:

Worker's Hourly:
1990: $20
2000: $10
% Change = 10/20 -1 = -50%
However we only care about the absolute change = 50%

CEO Salary:
1990: $5mm
2000: $50mm
% Change = 50/5 - 1 = 900%

Finally: % grater CEO % change than Worker's % change:
900/50 - 1 = 1700%

Answer: D
Join the discussion