From 2005 through 2014, the number of music CDs sold in the United States declined each year by approximately 15%...
GMAT Advanced Math : (Adv_Math) Questions
From 2005 through 2014, the number of music CDs sold in the United States declined each year by approximately \(15\%\) of the number sold the preceding year. In 2005, approximately \(600\) million CDs were sold in the United States. Of the following, which best models \(\mathrm{C}\), the number of millions of CDs sold in the United States, \(\mathrm{t}\) years after 2005?
\(\mathrm{C = 600(0.15)^t}\)
\(\mathrm{C = 600(0.85)^t}\)
\(\mathrm{C = 600(1.15)^t}\)
\(\mathrm{C = 600(1.85)^t}\)
1. TRANSLATE the problem information
- Given information:
- CD sales decline by 15% each year
- Initial sales in 2005: 600 million CDs
- t = years after 2005
- Need to find model for C (millions of CDs sold)
2. INFER what "decline by 15%" means mathematically
- If sales decline by 15% each year, then each year retains:
\(\mathrm{100\% - 15\% = 85\%}\) of the previous year - This means we multiply by 0.85 each year
- This describes exponential decay with retention rate 0.85
3. INFER the exponential model structure
- Exponential decay follows: \(\mathrm{C = (initial\ value) \times (retention\ rate)^t}\)
- Initial value = 600 million
- Retention rate = 0.85
- Time variable = t
- Therefore: \(\mathrm{C = 600(0.85)^t}\)
4. APPLY CONSTRAINTS to eliminate incorrect choices
- For exponential decay, the base must be between 0 and 1
- Choice A: 0.15 is between 0 and 1 ✓, but represents what's lost, not what remains
- Choice B: 0.85 is between 0 and 1 ✓ and represents what remains
- Choices C & D: 1.15 and 1.85 are > 1, indicating growth not decay ✗
Answer: B. \(\mathrm{C = 600(0.85)^t}\)
Why Students Usually Falter on This Problem
Most Common Error Path:
Weak TRANSLATE skill: Students focus on the "15%" and mistakenly use 0.15 as the base instead of understanding that declining by 15% means retaining 85%.
Their reasoning: "It says 15% decline, so the base should be 0.15"
This may lead them to select Choice A (\(\mathrm{C = 600(0.15)^t}\))
Second Most Common Error:
Conceptual confusion about decay vs. growth: Students mix up the direction of change and think "15% decline" should be modeled as "15% added to 100%" giving 115% = 1.15.
Their reasoning: "Decline by 15% means we use 1.15 somehow"
This may lead them to select Choice C (\(\mathrm{C = 600(1.15)^t}\))
The Bottom Line:
The key insight is recognizing that exponential decay requires understanding what percentage remains after each decline, not what percentage is lost. Declining by 15% means keeping 85%, so the base is 0.85, not 0.15.
\(\mathrm{C = 600(0.15)^t}\)
\(\mathrm{C = 600(0.85)^t}\)
\(\mathrm{C = 600(1.15)^t}\)
\(\mathrm{C = 600(1.85)^t}\)