GMAT Exam HR Interview

If "basis points" are defined so that 1 percent is equal to 100 basis points, then 82.5 percent is how many basis points greater than 62.5 percent?

nswer Choices

A) .02
B) .2
C) 20
D) 200
E) 2,000

Read Solution (Total 2)

2000 . difference of the percentage
10 years agoHelpfull: Yes(0) No(0)

1% = 100 basis point

So, 82.5% = 8250 basis point
and,62.5% = 6250 basis point

Therefore, 82.5% - 62.5% = 2000 basis point
10 years agoHelpfull: Yes(0) No(0)

GMAT Other Question

22,26,34,41,__ A school has created a new software to make learning math easy and fun. The software has several games, to advance to next level the children have to solve some puzzles. In one such activity, there is a monkey and a mangoseller. The mangoseller asks the monkey to solve the following puzzle in return for a couple of mangoes. Counted in twos there were 1 mangoes that remained, counted in threes there were 2 that remained, counted in fours there were 1 that remained, counted in fives there were 2 that remained, counted in sixes there were 5 that remained and when counted in sevens there were none left. The activity then pops up a screen asking you if you can help the monkey guess the number of mangoes there were in the basket?