Free Practice Question
PS · Problem Solving
705-805
percent
The net income of Corporation B in 1986 was approximately what percent of the net income of Corporation A in 1987?
Answer Choices
Correct answer marked below35%
Correct
B
30%
C
25%
D
20%
E
15%
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Explanation
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Official Explanation
Official
Let B's income in 1986 be .
Therefore
(i.e., B's net income in 1986)…
Therefore
(i.e., B's net income in 1986)…
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What it tests
Your ability to apply GMAT math concepts to solve a multi-step problem quickly and accurately. At the 705-805 level, accuracy and speed both matter.
Common trap
Overcomplicating the setup — most GMAT problems reward a direct, organized approach over brute calculation.
Related GMAT Topic Guides
Quant
TopicGMAT Quantitative Reasoning
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Difficulty
705-805
Type
PS
Category