mdcat logical reasoning MCQ #213

A certain investment grows in a pattern: $100, $150, $225, $337.50. What will be the amount after the next growth period?

mdcat logical reasoning MCQ #213

  1. Question 1

    Q1. A certain investment grows in a pattern: $100, $150, $225, $337.50. What will be the amount after the next growth period?

    • A) $450
    • B) $506.25
    • C) $550
    • D) $600

    Answer: $506.25

    Explanation: The investment grows by 50% each period, so after the next period, it will be $337.50 * 1.5 = $506.25