BREAKING: Target Test Prep releases Brand New 2026 On Demand GMAT prep course

Redeem

Target Test Prep · GMAT

Choose how you want to prepare

Learn live with an expert or move at your own pace. Every option includes the complete TTP study system.

★★★★★5.0559 reviews
GMATBootcamp Starts Sep 28
Chris Peckover, Target Test Prep GMAT expert
LIVE ONLINE BOOTCAMP

Live Online Bootcamp Class with Top GMAT Expert Chris Peckover

15 live classes from Sep 28, 2026

Schedule
Mon to Fri · 7:00 to 10:00 PM ET
Included
Live classes + 6 months of TTP OnDemand
  • Boost your GMAT score in less than one month in a live online class
  • 6 months access to TTP OnDemand video courses included
View bootcamp & enroll
Limited cohort · enrollment openTarget Test Prep
EALiveTeach 5 seats left
Logan Thompson
EXECUTIVE ASSESSMENT

Sep 6 to Dec 6, 2026

with Logan Thompson

Schedule
Sun · 9:30 AM to 12:30 PM ET
Included
40 hours of live online classes plus six months of access to the complete TTP EA OnDemand course.
  • 165+ EA Score Guarantee
  • 4,100+ Quant, Verbal, and Integrated Reasoning practice questions
  • 400+ hours of in-depth video lessons
  • 3,000+ step-by-step video solutions
View EA class & enroll
Limited cohort · enrollment openTarget Test Prep
GMATOnDemand Start anytime
SELF-PACED MASTERCLASS

Target Test Prep GMAT OnDemand

Complete access from day one. Study on your schedule.

715+ score guarantee
$0to start then $127/mo
  • Personalized study plan and analytics
  • Thousands of lessons and practice questions

Compare the format, schedule, and included access before enrolling. Prices and seat counts shown reflect the supplied offer details.

fc vc

Expert replies
by orel » Sun Apr 19, 2009 6:31 am
The total cost of producing item X is equal to the sum of item X's fixed cost and variable cost. If the variable cost of producing X decreased by 5% in January, by what percent did the total cost of producing item X change in January?

(1) The fixed cost of producing item X increased by 13% in January.

(2) Before the changes in January, the fixed cost of producing item X was 5 times the variable cost of producing item X.
Join the discussion
Source: — Data Sufficiency |

by mals24 » Sun Apr 19, 2009 12:23 pm
Total Cost: T
Fixed Cost: F
Variable Cost: V

Given: T =F+V

V decreased by 5%.

St1: F increased by 13%

Before Jan: T =F+V
In Jan: T = 1.13F + 0.95V

This statement is insuff as we need more information regarding the relationship between F and V.

St2: F =5V

T =6V.
This statement gives us a relationship between F and V but no information regarding any changes in F after January. So we cannot find out the changes made in Total Cost.

Combining 1 & 2

We have information regarding how F and V are related plus changes in F in January.

Before January: T = F + V
T = 6V (since F =5V)

In January: T = 1.13 F + 0.95V
F = 5V

So, T = 6.6V.

We can easily find the % change in Total cost.

Answer is C
Join the discussion