Can anybody help with a question on GMAT prep? See attached image.
File is in word format.
File is in word format.
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Feep wrote:This is a bit of a caveat that most people don't quite realize.
When someone says something increased by 300%, that is on TOP of the original value. It does NOT mean the new value is now 3x the original value. If that were the case, than 200% would be 2x the value, and 100% would be the original value...which would imply that saying "the value increased by 100%" does nothing to the value at all, which is just silly.
So, an increase of 400% is FIVE times the original, and an increase of 300% is FOUR times the original. Thus, the total multiplier is 4*5 = 20.
There's a difference between the question "What is 800% of 2", and "What is the result if 2 is increased by 800%?"goods81 wrote: Look at it this way...
let's say N=2
what is 100% of 2? 4 (2*2)
what is 200% of 2? 6 (2*3)
what is 800* of 2? 18 (2*9)
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