good one needs math let me know the answerwill share it soon : GMAT Verbal Section
Check GMAT Club Decision Tracker for the Latest School Decision Releases http://gmatclub.com/AppTrack

 It is currently 16 Jan 2017, 21:52

### GMAT Club Daily Prep

#### Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

# Events & Promotions

###### Events & Promotions in June
Open Detailed Calendar

# good one needs math let me know the answerwill share it soon

Author Message
Senior Manager
Joined: 20 Feb 2006
Posts: 331
Followers: 1

Kudos [?]: 76 [0], given: 0

good one needs math let me know the answerwill share it soon [#permalink]

### Show Tags

25 Jun 2006, 01:06
In Millington, a city of 50,000 people, Mercedes Pedrosa, a realtor, calculated that a family with Millingtonâ€™s median family income, $28,000 a year, could afford to buy Millingtonâ€™s median-priced$77,000 house. This calculation was based on an 11.2 percent mortgage interest rate and on the realtorâ€™s assumption that a family could only afford to pay up to 25 percent of its income for housing.
Which of the following corrections of a figure appearing in the passage above, if it were the only correction that needed to be made, would yield a new calculation showing that even incomes below the median family income would enable families in Millington to afford Millingtonâ€™s median-priced house?
(A) Millingtonâ€™s total population was 45,000 people
B) Millingtonâ€™s median annual family income was $27,000 (C) Millingtonâ€™s median-priced house cost$80,000
(D) The rate at which people in Millington had to pay mortgage interest was only 10 percent.
(E) Families in Millington could only afford to pay up to 22 percent of their annual income for
housing.
If you have any questions
New!
Manager
Joined: 31 Mar 2006
Posts: 162
Followers: 1

Kudos [?]: 18 [0], given: 0

### Show Tags

25 Jun 2006, 01:10
D.....
Director
Joined: 16 Aug 2005
Posts: 945
Location: France
Followers: 1

Kudos [?]: 23 [0], given: 0

Re: good one needs math let me know the answerwill share it [#permalink]

### Show Tags

25 Jun 2006, 14:06
In Millington, a city of 50,000 people, Mercedes Pedrosa, a realtor, calculated that a family with Millingtonâ€™s median family income, $28,000 a year, could afford to buy Millingtonâ€™s median-priced$77,000 house. This calculation was based on an 11.2 percent mortgage interest rate and on the realtorâ€™s assumption that a family could only afford to pay up to 25 percent of its income for housing.
Which of the following corrections of a figure appearing in the passage above, if it were the only correction that needed to be made, would yield a new calculation showing that even incomes below the median family income would enable families in Millington to afford Millingtonâ€™s median-priced house?
(A) Millingtonâ€™s total population was 45,000 people
B) Millingtonâ€™s median annual family income was $27,000 (C) Millingtonâ€™s median-priced house cost$80,000
(D) The rate at which people in Millington had to pay mortgage interest was only 10 percent.
(E) Families in Millington could only afford to pay up to 22 percent of their annual income for
housing.

D - what is the source? This question is not gmat-like
_________________

I believe its yogurt!

Director
Joined: 06 May 2006
Posts: 792
Followers: 3

Kudos [?]: 32 [0], given: 2

### Show Tags

25 Jun 2006, 14:11
D. And no, Math was not reqd
_________________

Uh uh. I know what you're thinking. "Is the answer A, B, C, D or E?" Well to tell you the truth in all this excitement I kinda lost track myself. But you've gotta ask yourself one question: "Do I feel lucky?" Well, do ya, punk?

SVP
Joined: 30 Mar 2006
Posts: 1737
Followers: 1

Kudos [?]: 77 [0], given: 0

### Show Tags

26 Jun 2006, 02:01
I have seen this question and if I am right its from Barrons.

It doesnot require any math and it should be straight D.

But if my memory serves right, this is not the OA.
26 Jun 2006, 02:01
Similar topics Replies Last post
Similar
Topics:
Do I need to know idioms for sentence correction? 2 04 Mar 2012, 16:44
CS_thought this was a good one 2 04 Sep 2007, 09:13
CS_thought this is good one 9 04 Sep 2007, 09:12
3 Need all experts on this one 35 28 Jun 2007, 18:36
Please let me know ! 1 01 Apr 2007, 15:20
Display posts from previous: Sort by