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Judith and Quincy started with the same amount of money to invest at the beginning of 2012. Judith's investments increas

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by M7MBA » Thu Nov 19, 2020 8:33 am

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Judith and Quincy started with the same amount of money to invest at the beginning of 2012. Judith's investments increased by \(P\) percent in the year 2012 and then increased by \(Q\) percent in the year 2013. From the start of 2012 to the end of 2013, Quincy's investment increased by \(R\) percent. Which one of them had more money by the end of 2013?

(1) \(P + Q < R\)

(2) \(R - P - Q < \dfrac{PQ}{100}\)

Answer: B

Source: Magoosh
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