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Annual Rent

by karthikpandian19 » Tue Nov 22, 2011 2:22 pm
The annual rent collected by a corporation from a certain building was x percent more in 1998 than in 1997 and y percent less in 1999 than in 1998. Was the annual rent collected by the corporation from the building more in 1999 than in 1997?

1. x>y
2. (xy/100)<(x-y)
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by kanwar86 » Tue Nov 22, 2011 2:26 pm
karthikpandian19 wrote:The annual rent collected by a corporation from a certain building was x percent more in 1998 than in 1997 and y percent less in 1999 than in 1998. Was the annual rent collected by the corporation from the building more in 1999 than in 1997?

1. x>y
2. (xy/100)<(x-y)
IMO, only statement 2 is sufficient. Hence, answer is B)
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by user123321 » Tue Nov 22, 2011 2:44 pm
karthikpandian19 wrote:The annual rent collected by a corporation from a certain building was x percent more in 1998 than in 1997 and y percent less in 1999 than in 1998. Was the annual rent collected by the corporation from the building more in 1999 than in 1997?

1. x>y
2. (xy/100)<(x-y)
IMO B

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by GMATGuruNY » Tue Nov 22, 2011 2:51 pm
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