Examsnet
Unconfined exams practice
Home
Exams
Banking Entrance Exams
CUET Exam Papers
Defence Exams
Engineering Exams
Finance Entrance Exams
GATE Exam Practice
Insurance Exams
International Exams
JEE Exams
LAW Entrance Exams
MBA Entrance Exams
MCA Entrance Exams
Medical Entrance Exams
Other Entrance Exams
Police Exams
Public Service Commission (PSC)
RRB Entrance Exams
SSC Exams
State Govt Exams
Subjectwise Practice
Teacher Exams
SET Exams(State Eligibility Test)
UPSC Entrance Exams
Aptitude
Algebra and Higher Mathematics
Arithmetic
Commercial Mathematics
Data Based Mathematics
Geometry and Mensuration
Number System and Numeracy
Problem Solving
Board Exams
Andhra
Bihar
CBSE
Gujarat
Haryana
ICSE
Jammu and Kashmir
Karnataka
Kerala
Madhya Pradesh
Maharashtra
Odisha
Tamil Nadu
Telangana
Uttar Pradesh
English
Competitive English
Certifications
Technical
Cloud Tech Certifications
Security Tech Certifications
Management
IT Infrastructure
More
About
Careers
Contact Us
Our Apps
Privacy
Test Index
GRE Sample Test 1 Quantitative Reasoning 2
Show Para
Hide Para
Share question:
© examsnet.com
Question : 13
Total: 20
At Megalomania Industries, factory workers were paid
$
20 per hour in 1990 and
$
10 per hour in 2000. The CEO of Megalomania Industries was paid
$
5 million in 1990 and
$
50 million in 2000. The percent increase in the pay of Megalomania’s CEO from 1990 to 2000 was what percent greater than the percent decrease in the hourly pay of Megalomania’s factory workers over the same period?
850%
900%
950%
1,700%
1,900%
Validate
Solution:
The percent increase in the CEO’s pay was
$
50
−
$
5
5
×
100
%
= 900 percent.
The percent decrease in the factory workers’ pay was
$
20
−
$
10
20
×
100
%
= 50 percent.
To find what percent greater 900 percent is than 50 percent, do the following:
900
%
−
50
%
50
%
×
100
%
= 1,700 percent, or (D).
© examsnet.com
Go to Question:
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Prev Question
Next Question