What amount will the deposit grow to in 3 years?

$10,000 is deposited in a certain account that pays r percent annual interest compounded annually, the amount D(t), in dollars, that the deposit will grow to in t years is given by D(t) = 10,000 {1+(r/100)}t. What amount will the deposit grow to in 3 years?

(1) D(t) = 11,000
(2) r =10

A. Statement 1 ALONE is sufficient but statement 2 alone is not sufficient.
B. Statement 2 ALONE is sufficient but statement 1 alone is not sufficient.
C. BOTH statements TOGETHER are sufficient, but NEITHER statement alone is sufficient.
D. EACH statement ALONE is sufficient.
E. Statements 1 and 2 TOGETHER are NOT sufficient.

GMAT: Percentage Question

If m > 0, y > 0, and x is m percent of 2y, then, in terms of y, m is what percent of x?

A. y/200
B. 2y
C. 50y
D. 50/y
E. 5000/y

GMAT: Question of the Day!!!

A car dealership has 40 cars on the lot, 30% of which are silver. If the dealership receives a new shipment of 80 cars, 40% of which are not silver, what percent of the total number of cars are silver?

A.  35%

B. 37.5%

C. 45%

D. 47.5%

E. 50%

GMAT: Question of the Day!!!

At a certain hospital, 75% of the interns receive fewer than 6 hours of sleep and report feeling tired during
their shifts. At the same time, 70% of the interns who receive 6 or more hours of sleep report no feelings of
tiredness. If 80% of the interns receive fewer than 6 hours of sleep, what percent of the interns report no
feelings of tiredness during their shifts?

A. 6 %                     B. 14 %                  C. 19 %                        D. 20 %                        E. 81 %

GMAT Problem: Question of the Day!!!

Antony and Michael  sit on the six- member board of the directors for company X. If the board is to be split up into 2 three person subcommittees, what percent of all the possible subcommittees that include Michael also include Antony ?

A. 20%

B. 30%

C. 40%

D. 50%

E. 60%

GMAT Question of the DAY!!!

If y is greater than 110 percent of x, is y greater than 75?

(1) x >75

(2) y – x = 10

GMAT Question of The Day: the median number of employees assigned per project

What is the median number of employees assigned per project for the projects at Company Z?

(1) 25 percent of the projects at Company Z have 4 or more employees assigned to each project.
(2) 35 percent of the projects at Company Z have 2 or fewer employees assigned to each project.

A. Statement (1) ALONE is sufficient, but statement (2) alone is not sufficient.
B. Statement (2) ALONE is sufficient, but statement (1) alone is not sufficient.
C. BOTH statements TOGETHER are sufficient, but NEITHER statement ALONE is sufficient.
D. EACH statement ALONE is sufficient.
E. Statements (1) and (2) TOGETHER are NOT sufficient.

A Confusing Percentage Question

Eighty percent of the lights at Hotel California are on at 8 p.m. a certain evening. However, forty percent of the lights that are supposed to be off are actually on and ten percent of the lights that are supposed to be on are actually off. What percent of the lights that are on are supposed to be off?

a.22(2/9)%
b.16(2/3)%
c.11(1/9)%
d. 10%
e. 5%

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