GRE : Quantitative Comparison Problem





This is the Quantitative Comparison Problem-8.Understand the basic mathematical principles behind this problem and other problems.



Example-8


A merchant made a profit of $2.75 on the sale price of a sweater that cost the merchant $12.25.

Column A : The Profit expressed as a percent of the cost to the merchant

Column B : The Profit expressed as a percent of the sale price


Answer


The cost of the sweater is = $12.25

The profit made by the merchant = $2.75

SO, the sale price is = $12.25 + $2.75

= $15.00

A= The expressed as a percent of the cost is = $2.75/$12.25

= $2.75/$12.25

= 2.75/12.25

= 0.224

A = 0.224

B= The Profit expressed as a percent of the sale price = $2.75/$15.00

= $2.75/$15.00

= 2.75/15.00

= 0.183

B = 0.183

Since A is greater than B, the answer is A.



This is the Quantitative Comparison Problem. Understand the basic mathematical principles behind this problem and other problems.

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