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
GMATLiveTeach 7 seats left
Chris Peckover
NEXT LIVE COHORT

Oct 13 to Jan 7, 2027

with Chris Peckover

Schedule
Tue, Thu · 8:00 to 10:00 PM ET
Included
40 live hours + 6 months of GMAT OnDemand
  • Live instruction and real-time questions
  • Class recordings and assigned practice
View class & 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
Live EA class + 6 months of EA OnDemand
  • Expert-led weekly online sessions
  • EA Masterclass access between classes
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.

130-point score guarantee
$0to start then $127/mo
  • Personalized study plan and analytics
  • Thousands of lessons and practice questions
Start free 5-day trial
Read 559 reviewsTarget Test Prep

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

The value of a share was 25% less in the 2nd quarter over the 1st quarter, and 20% more in the 3rd quarter over the 2nd

Expert replies
Post new topic Post Reply
Previous Topic Next Topic
Moderator
Posts: 7187
Joined: Thu Sep 07, 2017 4:43 pmFollowed by: 23 members
by BTGmoderatorDC » Fri May 01, 2020 5:00 pm

Timer

00:00

Answers

A

B

C

D

E

Stats

Difficulty—

The value of a share was 25% less in the 2nd quarter over the 1st quarter, and 20% more in the 3rd quarter over the 2nd quarter. What should be the percentage change in the value from 3rd to 4th quarter, if the percentage increase of the value from 1st to 4th quarter is 20%?

A. -33.3%
B. -20%
C. 0
D. +20%
E. +33.3%


OA E

Source: e-GMAT
Top
Join the discussion
Log in to postLogin with Googleuse password
QUOTE IN REPLY
Source: — Problem Solving |
Legendary Member
Posts: 2214
Joined: Fri Mar 02, 2018 2:22 pmFollowed by: 5 members

Re: The value of a share was 25% less in the 2nd quarter over the 1st quarter, and 20% more in the 3rd quarter over the

by deloitte247 » Sun May 03, 2020 5:06 am
Given that value of a share :
2nd quarter = 25% less than 1st quarter
3rd quarter = 20% more than 2nd quarter
4th quarter = 20% more than 1st quarter

Target question => What should be the percentage change in the value from 3rd to 4th quarter?

Let value of a share in 1st quarter = 100
2nd quarter = 100 * (100% - 25%) = 100 * 75% = 75
3rd quarter = 75 * (100 + 20 %) = 75 * 120% = 90
4th quarter = 100 * (100% + 20%) = 100 * 120% = 120

Between the 3rd and 4th quarter, there is a percentage increase
$$\%\ increase\frac{120\ -\ 90}{90}\cdot\frac{100}{1}=\ \frac{30}{90}\cdot\frac{100}{1}$$
$$\frac{1}{3}\cdot100\ =\ 33.33\%$$
$$Answer\ =\ +33.33\%$$

Answer = E
Top
Join the discussion
Log in to postLogin with Googleuse password
QUOTE IN REPLY
Post new topic Post Reply
• Page 1 of 1