An author receives 10% of the publisher’s net receipts in royalties on the first 10,000 copies of the author’s book sold, 12% on the next 15,000 copies sold, and 15% on all copies sold thereafter. By what percent does the ratio of the royalty percentage to number of copies decrease from the first 10,000 copies to the next 15,000 copies?

Problem Solving questions are mixed in with Data Sufficiency questions to make up the 37 questions of the GMAT Quantitative section, which must be completed in 75 minutes. The Problems You’ll Work On When working through the problem solving questions test your understanding of: Basic math, including fractions, decimals, ratios and proportions, percents, and exponents. Probability and Statistics, including counting techniques, permutations and combinations, basic probability, arithmetic mean, median, mode, and standard deviation. Algebra, including polynomials, linear equations and... Show more

Problem Solving questions are mixed in with Data Sufficiency questions to make up the 37 questions of the GMAT Quantitative section, which must be completed in 75 minutes.

The Problems You’ll Work On When working through the problem solving questions test your understanding of:

Basic math, including fractions, decimals, ratios and proportions, percents, and exponents.

Probability and Statistics, including counting techniques, permutations and combinations, basic probability, arithmetic mean, median, mode, and standard deviation.

Algebra, including polynomials, linear equations and inequalities, quadratic equations, basic function concepts, and systems of linear equations.

Geometry, including angles, lines, two-dimensional shapes, three-dimensional solids, perimeter, area, surface area, volume, the Pythagorean theorem, and coordinate geometry.

Word problems, including, percentages, rate-time-distance, consecutive integers, ages, work rate, coins, divisibility, factors, multiples, sequences, and equation setup.

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