From May 1 to May 30 in the same year, the balance in a checking account increased.
What was the balance in the checking account on May 30?
(1) If, during this period of time, the increase in the balance in the checking
account had been 12 percent, then the balance in the account on May 30 would
have been $504
(2) During this period of time, the increase in the balance in the checking account
was 8 percent.
Now here this is a ques from sets and i am not sure but is the answer given directly in statement A for this ques or we have to ceck what is the percentage increase and the ans would then be E? please explain what exactly do we need here to find the balance on may 30 as i think that we need the actual percent increase for that month to calculate the balance. i'll post OA after few posts.
What was the balance in the checking account on May 30?
(1) If, during this period of time, the increase in the balance in the checking
account had been 12 percent, then the balance in the account on May 30 would
have been $504
(2) During this period of time, the increase in the balance in the checking account
was 8 percent.
Now here this is a ques from sets and i am not sure but is the answer given directly in statement A for this ques or we have to ceck what is the percentage increase and the ans would then be E? please explain what exactly do we need here to find the balance on may 30 as i think that we need the actual percent increase for that month to calculate the balance. i'll post OA after few posts.
