If x > y > 1, which of the following could be the least common multiple of two positive integers x and y ?

(A) x + 1

(B) y - 1

(C) x - y

(D) xy - 1

(E) xy/2

Click through to the GMAT Hacks website for the answer and explanation.

]]>Last year Company X spent 20 percent of its revenue on employee compensation. This year its revenues were 10 percent more than last year and it spent 25 percent of its revenue on employee compensation. The amount spent on employee compensation this year was what percent of the amount spent last year?

(A) 105.0%

(B) 125.0%

(C) 127.5%

(D) 137.5%

(E) 150.0%

Click through to the GMAT Hacks website for the answer and explanation.

]]>In a certain restaurant, if each soft drink costs the same amount, what is the cost, excluding sales tax, of 1 soft drink?

(1) The cost, excluding sales tax, of 5 soft drinks is $6.25.

(2) The cost, including sales tax, of 3 soft drinks is $4.05.

(A) Statement (1) ALONE is sufficient, but statement (2) alone is not sufficient.

(B) Statement (2) ALONE is sufficient, but statement (1) alone is not sufficient.

(C) BOTH statements TOGETHER are sufficient, but NEITHER statement ALONE is sufficient.

(D) EACH statement ALONE is sufficient.

(E) Statements (1) and (2) TOGETHER are NOT sufficient.

Click through to the GMAT Hacks website for the answer and explanation.

]]>If a, b, c, and d are nonzero numbers and a - b = c - d, which of the following is equal to -1 ?

(A) (a - c)/(d - b)

(B) (a - d)/(b - c)

(C) (b - c)/(d - a)

(D) (b - d)/(a - c)

(E) (d - a)/(b - c)

Click through to the GMAT Hacks website for the answer and explanation.

]]>In 2003, a corporation with a market capitalization of $35.10 billion repurchased corporate stock with a market value of $17.57 million. Approximately what percent of market capitalization was represented by the stock repurchase? (Note: 1 billion = 10^9)

(A) 5%

(B) 2%

(C) 0.5%

(D) 0.2%

(E) 0.05%

Click through to the GMAT Hacks website for the answer and explanation.

]]>What is the thousandths digit of the decimal p ?

(1) p is equivalent to the fraction 4/7.

(2) The units digit of 100p is 2.

(A) Statement (1) ALONE is sufficient, but statement (2) alone is not sufficient.

(B) Statement (2) ALONE is sufficient, but statement (1) alone is not sufficient.

(C) BOTH statements TOGETHER are sufficient, but NEITHER statement ALONE is sufficient.

(D) EACH statement ALONE is sufficient.

(E) Statements (1) and (2) TOGETHER are NOT sufficient.

Click through to the GMAT Hacks website for the answer and explanation.

]]>