GRE Math Problem Solving Practice Test 11

Questions 1-5 refer to the data given in the two figures relating to Pharmacom LLC.

1. According to the data provided, in 2005 the total expenditure (outgoings) on Advertising and Sales and Distribution was closest to which of the following amounts?

A. $50,000,000
B. $35,000,000
C. $30,000,000
D. $5,000,000
E. $3,000,000

2. In how many of the years 2001-2006 did the ratio of expenditure (outgoings) on clinical trials to the outgoings on other Research and Development exceed 1.0?

A. 0
B. 1
C. 3
D. 5
E. 6

3. What was the approximate dollar amount spent (outgoings) on clinical trials in 2005 by Pharmacom?

A. 80 million
B. 50 million
C. 25 million
D. 15 million
E. cannot be determined without further information

4. In which of the years shown was the amount Pharmacom spent on clinical trials less than 50 million dollars?

A. 6
B. 4
C. 2
D. 1
E. cannot be determined without further information

5. If in 2006 Pharmacom spent the same dollar amount on administration (administration outgoings) as in 2005, but the total outgoings increased by ten percent, approximately what fraction of the total outgoings in 2006 would administration outgoings represent?

A. 1/2
B. 1/3
C. 1/4
D. 1/10
E. 1/20

Questions 6-10 refer to the data on income and expenditure for Mr A.

6. Which of the following can be inferred from the graph? (Select ALL that apply)

A. The difference between Mr A�s income and expenditure was less than five thousand dollars in more than half the years shown
B. Mr A�s income was never less than 75 percent of his expenses in this 12-year period
C. Mr A�s income rose uniformly throughout the 12-year period

7. From year 2 to year 4 Mr A�s expenditure increased by what percent?

A. 75
B. 60
C. 50
D. 25
E. 20

8. Between which two years was the percent decrease in Mr A�s expenditure greatest?

A. 4 and 5
B. 5 and 6
C. 6 and 7
D. 7 and 8
E. 9 and 10

9. Which of the following is closest to Mr A�s average (arithmetic mean) annual expenditure for the four year period from year 8 through year 11?

A. $100,000
B. $25,000
C. $22,000
D. $18,000
E. $6,000

10. If net income is defined as income minus expenditure, what is the best approximation to the difference in dollars between Mr A�s net income in Year 4 and Year 9?

A. 12,500
B. 10,000
C. 7,500
D. 5,000
E. 2,500