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
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.

Trouble with percentage increase

Expert replies
by ellexay » Thu Feb 12, 2009 6:37 am
Year 93 Revenue: 6 (billions of dollars)
Year 94 Revenue: 8 (billions of dollars)
Year 95 Revenue: 10 (billions of dollars)
Year 96 Revenue: 11.3 (billions of dollars)


The graph above shows the combine revenue , in billions of dollars, of a chain of food stores for each year over a 4-year period. In 94, a certain stores' revenue accounted for 2% of the combined revenue for that year, and in 95, the same store accounted for 2.3% of the combined revenue for that year. What was the approximate % increase in revenue for this store from 94 to 95?

A. 0.3%
B. 15%
C. 25%
D.30.4%
E.43.8%

Ans. E

Help! THank you all.
Join the discussion
Source: — Problem Solving |

by DanaJ » Thu Feb 12, 2009 7:13 am
Well, let's put those word into equations. Notations first:
x = certain store's revenue in 94
y = certain store's revenue in 95.

What you should notice is that 8 is 4/3 of 6, meaning that the percentage increase of total revenue is 33.33% or that 8 = 1,33*6.
Then you get that 2% of 6 is x, meaning that x = 0.02*6 = 0.12.
You also get that 2.3% of 8 is y, giving us y = 0.023 * 1.33 * 6. Since 0.023 = 0.02 + 0.003, then this last equation can be split into 0.02*1.33*6 + 0.003*1.33*6. Now, since we've already established that 1.33*6 = 8, then we get that 0.003*1.33*6 = 0.003*8 = 0.024.
This means that y = 0.02*1.33*6 + 0.024.
You can also notice two things:
a. 0.02*1.33*6 = 0.02*6*1.33 = x * 1.33
b. 0.024 = 0.1*0.24 = 0.1*x
This makes y = 1.33x + 0.1x = 1.43x, so y is 43% greater than x.

But maybe there's an easier way around this one...
Join the discussion

Re: Trouble with percentage increase

by yangliu0401 » Thu Feb 12, 2009 7:17 am
ellexay wrote:Year 93 Revenue: 6 (billions of dollars)
Year 94 Revenue: 8 (billions of dollars)
Year 95 Revenue: 10 (billions of dollars)
Year 96 Revenue: 11.3 (billions of dollars)


The graph above shows the combine revenue , in billions of dollars, of a chain of food stores for each year over a 4-year period. In 94, a certain stores' revenue accounted for 2% of the combined revenue for that year, and in 95, the same store accounted for 2.3% of the combined revenue for that year. What was the approximate % increase in revenue for this store from 94 to 95?

A. 0.3%
B. 15%
C. 25%
D.30.4%
E.43.8%

Ans. E

Help! THank you all.

In 1994, the certain store's revenue was 8*2%=0.16
In 1995, the certain store's revenue was 10*2.3%=0.23
Then, the increase from 1994 to 1995= 0.23-0.16=0.07
So the increased percentage=0.07/0.16=43.8%

Pls remember, when calculating the increased percentage, you must use the number before the increase as the denominator. :)
Join the discussion

by ellexay » Thu Feb 12, 2009 7:18 am
Thank you, Dana, the helpful explanation! I am wondering whether there is an easier way around this as well though. Maybe a way to eyeball it?
Join the discussion

by ellexay » Thu Feb 12, 2009 7:22 am
Yangliu, that was wonderful. Thanks!
Join the discussion

by mcdesty » Sat Oct 13, 2012 2:19 am
[[2.3(10)/2(8)] - 1]* 100
3.5/8..If it were 4 in the numerator we would have 50%..We want an answer just a little bit under 4..Only E does!
Join the discussion