imhimanshujaggi Wrote:Hello MGMAT Instructors,
The question asks us to find out if zinc deposits in tons are more than 1.5 times lead deposits in tons.
Values Given are:
Total Ore Tonnage Zinc Grade(%) Lead Grade(%)
1939.5(Aust) 6.97% 4.39%
2644.8(US) 3.88 2.38
While solving this question during exam time, I calculated the difference between Zinc grade% and Lead Grade %. However, after looking at the explanation, I found that the question requires us to find (Lead Grade% * 1.5)
My doubt is what would be the wording of the question in case we need to perform the following operation:
LeadGrade% + 1.5 = Zinc Grade%.
Regards
H
Actually, the wording in that case would have to use "percentage points", NOT percent.
A "percentage point" represents the actual
difference between the percentages. You have to be very careful with "percent" vs. "percentage point" in terms of increases and decreases, because "percent increase" is already defined -- as something that's
not the same as percentage points.
E.g.,
* 50% of something is 10
percentage points higher than 40% of something.
(50 - 40 = 10)
* However, 50% of something is 25
percent higher than 40% of the same thing. (Standard calculation of percent change: ((50 - 40)/40)
So, in your question, you'd need "1.5 percentage points higher than..."
I'm not sure whether GMAC tests "percentage points". However, GMAC can certainly test the fact that, say, 8% is NOT "1.5% greater than" 6.5%.