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GREŽ quant problem...



 
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GRE quant problem... Sat May 24, 2008 20:12 pm  GRE quant problem...		  
An electric meter is sold at a gain of 16%.if it were sold for 20$ more,there would have been a gain of 20%. find c.p ?

solution is:
Sandeep64
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Joined: 24 May 2008
Posts: 1
GRE quant problem... Sat Jun 21, 2008 19:42 pm  GRE quant problem...		  
cp is 500....

since adding $20 will make the %age increase of 4 % , it means 20 is 4 % of the cp... so u can find the cp...
Ajaygrewal
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Joined: 21 Jun 2008
Posts: 2
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GRE quant problem... Sun Jul 06, 2008 2:26 am  GRE quant problem...		  
1.16X + 20 = 1.20X
X = 20 / .04
X = 500
Xilla
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Joined: 06 Jul 2008
Posts: 2
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