Live GMAT classes with Target Test Prep start Nov 21 and Nov 22. First class free.

See classes
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.

Newsweek Readers’ Choice Awards 2026 winner: Target Test Prep, #1 Test Prep

Target Test Prep was voted #1 Best Test Prep in the 2026 Newsweek Readers’ Choice™ Awards.

★★★★★5.0563 reviews
GMATLiveTeachStarts Nov 22
Josh Braslow, Target Test Prep GMAT expert
LIVE ONLINE CLASSES

Get Ready for GMAT Test Day Faster with Live Online Classes

with Josh Braslow, 20+ years in test prep

Nov 22 · Josh Braslow
Sun · 9:30 AM to 12:30 PM ET
Included
40 hours of live online classes + 6 months of TTP OnDemand
  • Attend the first class for free
  • Every class is recorded, so you never fall behind
View classes & enroll
Limited seats availableTarget Test Prep
EALiveTeachOnDemandStart anytime
EXECUTIVE ASSESSMENT

Target Test Prep EA OnDemand

Self-paced EA prep. Study on your schedule.

EXECUTIVE ASSESSMENT

with

165+ EA score guarantee
$05-day trial no automatic billing
Schedule
Included
40 hours of live online classes plus six months of access to the complete TTP EA OnDemand course.
  • 165+ EA Score Guarantee
  • 4,100+ Quant, Verbal, and Integrated Reasoning practice questions
  • 400+ hours of in-depth video lessons
  • 3,000+ step-by-step video solutions
View EA class & enroll Start free 5-day trial
Limited cohort · enrollment openTrial includes full course accessTarget Test Prep
GMATOnDemandStart anytime
SELF-PACED MASTERCLASS

Target Test Prep GMAT OnDemand

Complete access from day one. Study on your schedule.

715+ score guarantee
$0to start then $127/mo
  • Personalized study plan and analytics
  • Thousands of lessons and practice questions
Start free 5-day trial
Read 563 reviewsTarget Test Prep

Fractions/Ratios/Decimals, Percents and Interest Problems, Word Problems

Expert replies
Post new topic Post Reply
Subscribe topic
Previous Topic Next Topic
Legendary Member
Posts: 2604
Joined: Sun Oct 29, 2017 2:04 pmFollowed by: 6 members
by swerve » Fri May 22, 2020 9:56 am
Timer
00:00
Your answer
Difficulty–

right wrong

Pick an answer to see how members did

A used cars salesman receives an annual bonus if he meets a certain quota. This year, the salesman has so far sold \(1/5\) of last year's quota. If this year's quota is reduced by 25 percent from last year, the quantity that he still needs to sell this year in order to receive the annual bonus is what fraction of the preceding year's car quota?

A. \(4/15\)
B. \(4/20\)
C. \(3/4\)
D. \(11/20\)
E. \(9/20\)

The OA is D

Source: Economist GMAT
Top
Join the discussion
Source: — Problem Solving |

GMAT/MBA Expert

User avatar
GMAT Instructor
Posts: 8246
Joined: Sat Apr 25, 2015 10:56 amFollowed by: 29 members
Location: Los Angeles, CA
Thanked: 43 times

Re: Fractions/Ratios/Decimals, Percents and Interest Problems, Word Problems

by Scott@TargetTestPrep » Sun May 31, 2020 4:11 am
swerve wrote: ↑
Fri May 22, 2020 9:56 am
 A used cars salesman receives an annual bonus if he meets a certain quota. This year, the salesman has so far sold \(1/5\) of last year's quota. If this year's quota is reduced by 25 percent from last year, the quantity that he still needs to sell this year in order to receive the annual bonus is what fraction of the preceding year's car quota?

A. \(4/15\)
B. \(4/20\)
C. \(3/4\)
D. \(11/20\)
E. \(9/20\)

The OA is D
Solution:

We can let the quota for last year be 100. Thus, the quota for this year is 75. Since he already sold 1/5 x 100 = 20 cars this year, he still has to sell 75 - 20 = 55 cars to reach this year’s quota. Therefore, the 55 cars he still has to sell is 55/100 = 11/20 of last year’s quota.

Answer: D

Scott Woodbury-Stewart
Founder and CEO
[email protected]

Image

See why Target Test Prep is rated 5 out of 5 stars on BEAT the GMAT. Read our reviews

ImageImage
Top
Join the discussion