PCT Practice Questions
Master GMAT PCT with comprehensive practice questions. Build your quantitative reasoning skills through detailed explanations and strategic practice.
Key Skills
- Problem Solving
- Analytical Thinking
- Mathematical Reasoning
- Strategic Analysis
Study Tips
- Focus on understanding PCT concepts fundamentally
- Practice with timer to improve speed and accuracy
- Review explanations thoroughly to learn solution methods
- Identify common patterns and shortcuts for this topic
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View Explanation
Correct Answer: A
Let's see what happened to each \(\$20\) investment in the first year:
Alice: \(\$20 + \$10\) profit \(= \$30\)
Bob: \(\$20 + \$10\) profit \(= \$30\)
Carol: \(\$20 + \$10\) profit \(= \$30\)
Dave: \(\$20 - \$8\) loss \(= \$12\)
Errol: \(\$20 - \$8\) loss \(= \$12\)
We continue on with our new amounts in the second year:
Alice: \(\$30 + \$3\) profit \(= \$33\)
Bob: \(\$30 + \$3\) profit \(= \$33\)
Carol: \(\$30 - \$18\) loss \(= \$12\)
Dave: \(\$12 + \$3\) profit \(= \$15\)
Errol: \(\$12 - \$12 = 0\)
At the end of two years, \(\$33 + \$33 + \$12 + \$15 = \$93\) of the original \(\$100\) remains.
The correct answer is A.
View Explanation
Correct Answer: E
The car dealership currently has \(40\) cars, \(30\%\) of which are silver. It receives \(80\) new cars, \(60\%\) of which are silver (the \(40\%\) figure given in the problem refers to cars which are not silver). Note that the first batch represents \(\frac{1}{3}\) of the total cars and the second batch represents \(\frac{2}{3}\) of the total cars. Put differently, in the new total group there is \(1\) first-batch car for every \(2\) second-batch cars.
We can calculate the weighted average, weighting each percent according to the ratio of the number of cars represented by that percent:
$$\text{Weighted average} = \frac{1(30\%) + 2(60\%)}{3} = 50\%$$
Alternatively, you can calculate the actual number of silver cars and divide by the total number of cars. \(40(0.3) + 80(0.6) = 12 + 48 = 60\). \(\frac{60}{120} = 50\%\).
The correct answer is E.
View Explanation
Correct Answer: A
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