The question is asking for a percent:
Whenever the answer choices are fractions, decimals or percents and the problem contains unknowns, you can plug in your own values for the unknowns.
For percentage questions, we should plug in 100 so that the math is easier.
Let's say the population starts at 100.
It increases by 6% to 106.
Is then decreases by (.03)(106) = 3.18, so the new population is 106 - 3.18 = 102.82.
Since the population rose from 100 to 102.82, it went up 2.82%.
The correct answer is A.
Percentage change
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Followed here and elsewhere by over 1900 test-takers.
I have worked with students based in the US, Australia, Taiwan, China, Tajikistan, Kuwait, Saudi Arabia -- a long list of countries.
My students have been admitted to HBS, CBS, Tuck, Yale, Stern, Fuqua -- a long list of top programs.
As a tutor, I don't simply teach you how I would approach problems.
I unlock the best way for YOU to solve problems.
For more information, please email me (Mitch Hunt) at [email protected].
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