#1
18th February 2016, 09:29 AM
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Gmat tpa
Hello sir I want to prepare for GMAT TPA so here can you please give me some question for practice?
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#2
18th February 2016, 09:30 AM
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Re: Gmat tpa
Hey as Two-Part Analysis questions, or TPA, (one of four question-types in the IR section) present a short paragraph with information. Here I am giving you some qus for GMAT TPA for practice Question #1 – Better Home Mortgage has 1200 realtors on staff, while Dream Lenders has 2400. Each year, the number of realtors is increasing by a fixed amount. A housing market specialist suggests that if each organization keeps its current rate of increase, they will have the same number of realtors on staff after three years, and that subsequently Better Home Mortgage will have more realtors. Identify the number of increased realtors per year for Better Home Mortgage and for Dream Lenders that are consistent with the specialist’s prediction. Make only one selection in each column. Better Home Mortgage Dream Lenders 10 40 110 240 410 620 The correct answer is 410 and 10. Since Better Home Mortgage starts with half as many realtors, but overtakes Dream Lenders in just three years, then Better Home Mortgage must have the higher rate of realtor increase. We can set up an equation since we know the number of realtors will be equal after three years. 1200 + 3x = 2400 + 3y 3x = 1200 + 3y x = 400 + y The only option where Better Home’s rate is 400 higher than Dream Lenders’ is 10 and 410. Question #2 – Identify the number of lenders less than Better Home Mortgage Dream Lenders is adding to its organization annually if the specialist was mistaken and the number of realtors would be equal after just two years. Also identify the number of lenders Better Home Mortgage will have after two years if they add 115% of that difference annually. Dream Lender Better Home Mortgage 600 630 650 660 670 690 The correct answer is 600 and 690. The new equation becomes: 1200 + 2x = 2400 + 2y 600 + x = 1200 + y x = 600 + y That means each year Better Home Mortgage is adding 600 more realtors than Dream Lenders, so Dream Lenders is adding 600 fewer. Better Home Mortgage will add 5% of “that difference” annually, or 600. 115% of 600 = 1.15(600) = 690. |