@gmat_group
@AlijonovSirojiddin
24.
At the end of the first quarter, the share price of a certain mutual
fund was 20 percent higher than it was
at the beginning of the
year. At the end of the second quarter, the share price was 50
percent higher than it was at the beginning of the year. What was
the percent increase in the share price from
the end of the first
quarter to the end of the second quarter?
A) 20%
B) 25%
C) 30%
D) 33%
E) 40%
@gmat_group
@AlijonovSirojiddin
25.
A furniture dealer purchased a desk for $150 and then set the
selling price equal to the purchase price plus a markup that was 40
percent of the selling price. If the dealer sold
the desk at the
selling price, what was the amount of the dealer's gross profit from
the purchase and the sale of the desk?
A) $40
B) $60
C) $80
D) $90
E) $100
@gmat_group
@AlijonovSirojiddin
26.
Bobby
bought two shares of stock, which sold for $96 each. If he
had a profit of 20 percent on the sale of one of the shares but a
loss of 20 percent on
the sale of the other share, then on the sale of
both shares combined Bobby had:
A) a profit of $10
B) a profit of $8
C) a loss of 8
D) a loss of 10
E) neither profit nor loss