Each year for three years, an investment increases by 2 percent over the preceding year. The value, in dollars, of the investment at the end of the third year is S. In terms of S, what is the amount of the initial investment at the beginning of the three-year period?

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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