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100 points for $49 worth of Veritas practice GMATs FREE VERITAS PRACTICE GMAT EXAMS Earn 10 Points Per Post Earn 10 Points Per Thanks Earn 10 Points Per Upvote ## During a 3 year period, the profits of company X changed by tagged by: BTGmoderatorLU ##### This topic has 1 expert reply and 0 member replies ### Top Member ## During a 3 year period, the profits of company X changed by ## Timer 00:00 ## Your Answer A B C D E ## Global Stats Difficult Source: Veritas Prep During a 3 year period, the profits of company X changed by what percent from the second year to the third year? 1. The increase in profits of company X from the first year to the second year was the same as the increase from the first year to the third year. 2. For company X the profits for first year =$13,000 and for 3rd year = $15,900. The OA is A. ### GMAT/MBA Expert GMAT Instructor Joined 25 May 2010 Posted: 15356 messages Followed by: 1864 members Upvotes: 13060 GMAT Score: 790 BTGmoderatorLU wrote: Source: Veritas Prep During a 3 year period, the profits of company X changed by what percent from the second year to the third year? 1. The increase in profits of company X from the first year to the second year was the same as the increase from the first year to the third year. 2. For company X the profits for first year =$13,000 and for 3rd year = $15,900 Statement 1: If profits increase by$X from the first year to the second year, then they must increase by $0 from the second year to the third year, with the result that the increase in profits from the first year to the third year (X+0 =$X) is the same as the increase in profits from the first year to the second year (also $X). Since profits increase by$0 from the second year to the third year, the percent change from the second year to the third year = 0%.
SUFFICIENT.

Statement 2:
No way to determine the percent change from the second year to the third year.
INSUFFICIENT.

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