Question 1

When analyzing a GMAT data sufficiency question about market share percentages, what is the correct approach when both statements provide contradictory information? (difficulty: hard)

Options :

A : Average the values from both statements to find the answer

B : Choose the statement that seems more logical

C : Consider the question unsolvable and select 'statements (1) and (2) together are not sufficient'

D : Use only Statement (1) as it appears first

Answer: C

Question 2

If demand for a product is unit elastic and price increases by 15%, what happens to total revenue? (difficulty: hard)

Options :

A : Total revenue increases by 15%

B : Total revenue decreases by 15%

C : Total revenue remains the same

D : Cannot be determined without more information

Answer: C

Question 3

When analyzing KPIs for a retail business, what would a consistently increasing Cost of Customer Acquisition (CAC) coupled with decreasing Customer Lifetime Value (CLV) most likely indicate? (difficulty: hard)

Options :

A : The business is experiencing healthy growth

B : The marketing strategy is highly effective

C : The business model may be unsustainable

D : The business is targeting the right customer segment

Answer: C

Question 4

In inventory analysis, if a company's DSI decreased from 73 to 52 days while sales remained constant, what is the percentage increase in inventory turnover ratio? (difficulty: hard)

Options :

A : 28.8%

B : 40.4%

C : 21.2%

D : 52.3%

Answer: B

Question 5

In analyzing stock market returns, if a portfolio's daily returns have a standard deviation of 2% and assuming a normal distribution, approximately what percentage of returns fall within two standard deviations of the mean? (difficulty: medium)

Options :

A : 68%

B : 95%

C : 99.7%

D : 90%

Answer: B

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