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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 ## In Country C, the numbers of transactions made by variou ##### This topic has 3 expert replies and 2 member replies ## In Country C, the numbers of transactions made by variou In Country C, the numbers of transactions made by various noncash methods in 2006 and 2009 are shown in the graphic. All other transactions were made with cash.Use the drop-down menus to complete the statements about Country C so that they are consistent with the given information. ### GMAT/MBA Expert Legendary Member Joined 14 Jan 2015 Posted: 2667 messages Followed by: 121 members Upvotes: 1153 GMAT Score: 770 Anaira Mitch wrote: In Country C, the numbers of transactions made by various noncash methods in 2006 and 2009 are shown in the graphic. All other transactions were made with cash.Use the drop-down menus to complete the statements about Country C so that they are consistent with the given information. A) # of paper check transactions in 2006: 24 # of paper check transactions in 2009: 30 % increase = (6/24) * 100 = 25%, so paper check is the correct answer. _________________ Veritas Prep | GMAT Instructor Veritas Prep Reviews Save$100 off any live Veritas Prep GMAT Course

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Anaira Mitch wrote:
In Country C, the numbers of transactions made by various noncash methods in 2006 and 2009 are shown in the graphic. All other transactions were made with cash.Use the drop-down menus to complete the statements about Country C so that they are consistent with the given information.
B)Let's say the value of credit card transactions in 2006: 100
# credit card transactions = 22
Avg value = 100/22 = 4.55

If value goes up 10%, then value of credit card transactions in 2009: 110
# transactions = 20
Avg value = 110/20 = 5.5

% increase = (.95/4.55)*100 = 20.9%. Round up to 21%.

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Save $100 off any live Veritas Prep GMAT Course Enroll in a Veritas Prep GMAT class completely for FREE. Wondering if a GMAT course is right for you? Attend the first class session of an actual GMAT course, either in-person or live online, and see for yourself why so many students choose to work with Veritas Prep. Find a class now! Master | Next Rank: 500 Posts Joined 26 Oct 2016 Posted: 207 messages Followed by: 3 members Upvotes: 3 @David Thanks, David. It was helpful. ### GMAT/MBA Expert Legendary Member Joined 14 Jan 2015 Posted: 2667 messages Followed by: 121 members Upvotes: 1153 GMAT Score: 770 Anaira Mitch wrote: @David Thanks, David. It was helpful. Also, a friendly reminder that, while you could always estimate, the on-screen calculator can be useful in questions like this. (It's very easy to forget that the calculator is an option in IR.) _________________ Veritas Prep | GMAT Instructor Veritas Prep Reviews Save$100 off any live Veritas Prep GMAT Course

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