Hello,
Can you please help with this:
The charge for a single room at Hotel P is 25 percent less than the charge for a single room at Hotel R and 10 percent less than the charge for a single room at Hotel G. The charge for a single room at Hotel R is what percent greater than the charge for a single room at Hotel G ?
A. 15%
B. 20%
C. 40%
D. 50%
E.150%
OA: B
Let the charge for a single room at Hotel R be 100. So charge for a single room at Hotel P is 75
Let the charge for a single room at Hotel G be x. So charge for a single room at Hotel P ix .9x
It must be true that 75 = .9x
Hence, x = 75/0.9 = 750/9 = 250/3 = approx. 83
Hence, x = 83. Since R = 100, the charge for a single room at Hotel R is about 17% greater. Is this correct?
Thanks a lot,
Sri
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The charge for a single room at Hotel P is 25 percent less
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gmattesttaker2
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Hi Sri,
You've done everything correct except for the last step.
This question uses the phrase "what percent greater..." which means that we have to use the Percentage Change Formula:
Percentage Change = (New - Old)/Old.
In this scenario, the price at Hotel R is the "New" number and the price at Hotel G is the "Old" number.
Using the numbers you're TESTing, we have...
(100 - 83)/83 = 17/83
17/85 = 1/5 = 20%
So 17/83 is a little bit bigger than 20%
Final Answer: B
GMAT assassins aren't born, they're made,
Rich
You've done everything correct except for the last step.
This question uses the phrase "what percent greater..." which means that we have to use the Percentage Change Formula:
Percentage Change = (New - Old)/Old.
In this scenario, the price at Hotel R is the "New" number and the price at Hotel G is the "Old" number.
Using the numbers you're TESTing, we have...
(100 - 83)/83 = 17/83
17/85 = 1/5 = 20%
So 17/83 is a little bit bigger than 20%
Final Answer: B
GMAT assassins aren't born, they're made,
Rich
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gmattesttaker2
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Hello Rich,[email protected] wrote:Hi Sri,
You've done everything correct except for the last step.
This question uses the phrase "what percent greater..." which means that we have to use the Percentage Change Formula:
Percentage Change = (New - Old)/Old.
In this scenario, the price at Hotel R is the "New" number and the price at Hotel G is the "Old" number.
Using the numbers you're TESTing, we have...
(100 - 83)/83 = 17/83
17/85 = 1/5 = 20%
So 17/83 is a little bit bigger than 20%
Final Answer: B
GMAT assassins aren't born, they're made,
Rich
Thank you very much for your prompt and excellent explanation. I totally overlooked the percentage change part. Thanks for all your help.
Best Regards,
Sri
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GMATGuruNY
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A very efficient approach is to convert the percentages to RATIOS.gmattesttaker2 wrote:Hello,
Can you please help with this:
The charge for a single room at Hotel P is 25 percent less than the charge for a single room at Hotel R and 10 percent less than the charge for a single room at Hotel G. The charge for a single room at Hotel R is what percent greater than the charge for a single room at Hotel G ?
A. 15%
B. 20%
C. 40%
D. 50%
E.150%
OA: B
Hotel P is 25 percent less than Hotel R.
Since P is 3/4 of R, we get:
P/R = 3/4.
Hotel P is 10 percent less than Hotel G.
Since P is 9/10 of G, we get:
P/G = 9/10.
The question stem asks for the relationship between R and G.
Ratios can be MULTIPLIED:
R/G = R/P * P/G.
In the equation above, the values in red CANCEL OUT.
Thus:
R/G = R/P * P/G = 4/3 * 9/10 = 6/5 = 120/100.
Since R/G = 120/100, R is 20% greater than G.
The correct answer is B.
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toby001
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Very efficient answer, as always! Thanks!
GMATGuruNY wrote:A very efficient approach is to convert the percentages to RATIOS.gmattesttaker2 wrote:Hello,
Can you please help with this:
The charge for a single room at Hotel P is 25 percent less than the charge for a single room at Hotel R and 10 percent less than the charge for a single room at Hotel G. The charge for a single room at Hotel R is what percent greater than the charge for a single room at Hotel G ?
A. 15%
B. 20%
C. 40%
D. 50%
E.150%
OA: B
Hotel P is 25 percent less than Hotel R.
Since P is 3/4 of R, we get:
P/R = 3/4.
Hotel P is 10 percent less than Hotel G.
Since P is 9/10 of G, we get:
P/G = 9/10.
The question stem asks for the relationship between R and G.
Ratios can be MULTIPLIED:
R/G = R/P * P/G.
In the equation above, the values in red CANCEL OUT.
Thus:
R/G = R/P * P/G = 4/3 * 9/10 = 6/5 = 120/100.
Since R/G = 120/100, R is 20% greater than G.
The correct answer is B.
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Scott@TargetTestPrep
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We can let the charge for a room at hotel P = p, the charge for a room at hotel G = g, and the charge for a room at hotel R = r.gmattesttaker2 wrote:
The charge for a single room at Hotel P is 25 percent less than the charge for a single room at Hotel R and 10 percent less than the charge for a single room at Hotel G. The charge for a single room at Hotel R is what percent greater than the charge for a single room at Hotel G ?
A. 15%
B. 20%
C. 40%
D. 50%
E.150%
We are given that the charge for a single room at Hotel P is 25 percent less than the charge for a single room at Hotel R and 10 percent less than the charge for a single room at Hotel G. Thus:
p = 0.75r
p = 3r/4
AND
p = 0.9g
p = 9g/10
We need to determine what percent greater the charge is for hotel R than for hotel G. Thus, we need to evaluate (r - g)/g x 100. However, we first need to get variables r and g in terms of p.
r = 4p/3
AND
g = 10p/9
Substitute 4p/3 for r and 10p/9 for g and we have:
(r - g)/g x 100
[(4p/3 - 10p/9)/(10p/9)] x 100
[(12p/9 - 10p/9)/(10p/9)] x 100
[(2p/9)/(10p/9)] x 100
2/10 x 100 = 20 percent
Alternate solution:
We can let the charge for a room at hotel P = p, the charge for a room at hotel G = g, and the charge for a room at hotel R = r.
We are given that the charge for a single room at Hotel P is 25 percent less than the charge for a single room at Hotel R and 10 percent less than the charge for a single room at Hotel G. Thus:
p = 0.75r
And
p = 0.9g
Since both right-hand expressions are equal to p, we set them equal to each other, and then we solve for r.
0.75r = 0.9g
r = 1.2g
Thus, Hotel R's rate is 20% greater than Hotel G's rate.
Answer: B
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Matt@VeritasPrep
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On test day, though, don't be afraid to solve with an inefficient answer! After all, sometimes waiting for the train to come takes longer than it would simply to walk to your destination. (And on harder problems, sometimes that train never seems to come!)toby001 wrote:Very efficient answer, as always!
