Friday, July 30, 2010

GMAT Question of the Day

The value of some stock X changes according to the following method:
At the end of each month her value is doubled but due to commission the stock’s value is decreases by Rs.10. If the value at the beginning of January is Rs.A, what would be her value at the end of February?

(a) 4A – 10.
(b) 4A – 20.
(c) 4A – 30.
(d) 4A – 40.
(e) 4A – 50 .

At the end of January her value is 2A – 10.
At the end of February her value is (2 x (2A – 10) – 10
= 4A – 30).

The best answer is C.