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> GMAT : Word Problems - Interest, Discount, Profit Quiz
GMAT : Word Problems - Interest, Discount, Profit Quiz
Quiz
*Theme/Title:
Word Problems - Interest, Discount, Profit
* Description/Instructions
The GMAT contains a variety of word problems related to Interest, Discounts, and Profits. Some helpful formulas include:
Simple Interest = Principal * Interest rate * time
Compound Interest = P((1+n)
n
-1)
P = principle
n = number of compounding terms
i = yearly interest rate
Profit = revenues - expenses
Profit = price - cost
Group:
GMAT
GMAT Quizzes
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GMAT
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Word Problems - Interest, Discount, Profit