The total of company C's assets in 1994 was 100% greater than the total in 1993, which in turn was 400% greater than the total in 1992. If the total of company C's assets in in 1992 was N dollars, which one of the following represents company C's assets in 1994: Choose the correct answer
A) 7N  B) 8N  C) 9N  D) 10  E) 20
Let's use actual numbers. Starting in 1992, let's say company C had $100 in assets.   In 1993, the total assets were 400% GREATER, which means 1992 PLUS 400% of 1992:   $100 + 4x$100 = $100 + $400 =$500   In 1994, the total assets were 100% GREATER than they were in 1993, which means 1993 PLUS 100% of 1993:   $500 + 1x$500 100 +  400= 
<gadget id="calculator">100 +  400</gadget>
<output>500</output>
$500   In 1994, the total assets were 100% GREATER than they were in 1993, which means 1993 PLUS 100% of 1993:   $500 + 1x$500= $500 + $500 =$1000   This is 10 times the 1992 number, so the correct answer is 10N.   10500 +  500= 
<gadget id="calculator">500 +  500</gadget>
<output>1_000</output>
$1000   This is 10 times the 1992 number, so the correct answer is 10N.   10
<result>D</result>
The total of company C's assets in 1994 was 100% greater than the total in 1993, which in turn was 400% greater than the total in 1992. If the total of company C's assets in in 1992 was N dollars, which one of the following represents company C's assets in 1994: