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In 1980, approximately what fraction of the cost to the

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In 1980, approximately what fraction of the cost to the [#permalink] New post 07 Apr 2012, 19:41
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A
B
C
D
E

Difficulty:

  35% (medium)

Question Stats:

67% (02:22) correct 33% (01:28) wrong based on 264 sessions
Attachment:
The cost to the consumer.png
The cost to the consumer.png [ 36.83 KiB | Viewed 3111 times ]
In 1980, approximately what fraction of the cost to the consumer for the production of 6 ounces of frozen orange juice went to the farmer?

(A) 3/11
(B) 1/3
(C) 4/9
(D) 5/9
(E) 3/5
[Reveal] Spoiler: OA

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Last edited by Bunuel on 16 Jun 2013, 12:55, edited 3 times in total.
Edited the diagram
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In 1980, approximately what fraction of the cost to the [#permalink] New post 08 Apr 2012, 00:29
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boomtangboy wrote:
Image
In 1980, approximately what fraction of the cost to the consumer for the production of 6 ounces of frozen orange juice went to the farmer?

(A) 3/11
(B) 1/3
(C) 4/9
(D) 5/9
(E) 3/5


Since we are dealing with percents only no need to use $0.7 at all.

In 1980 44.4% of the cost to the consumer went to the farmer. Now, 44.4% is a little less than 1/2, so the answer must be 4/9 (basically the questions asks to transform 44.4% into a fraction).

Answer: C.
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Re: Orange juice Production [#permalink] New post 07 Apr 2012, 22:04
In 1980,

100 % = $0.7
thus, 44.4 % = (0.7 / 100)* 44.4 ( < 0.5)

Hence only B and C prevail.

Since C is closer to 0.5 than B (0.333) hence C it is.
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Re: In 1980, approximately what fraction of the cost to the [#permalink] New post 05 Feb 2013, 14:17
boomtangboy wrote:
In 1980, approximately what fraction of the cost to the consumer for the production of 6 ounces of frozen orange juice went to the farmer?

(A) 3/11
(B) 1/3
(C) 4/9
(D) 5/9
(E) 3/5
Attachment:
The cost to the consumer.png


It can help to memorize basic fraction conversions for situations just like this. For instance:

Since 1/9 = 0.111 = 11.1% ==> 4/9 = 0.444 = 44.4% went to the Farmer.

Therefore, C is the correct choice. 4/9
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Re: In 1980, approximately what fraction of the cost to the [#permalink] New post 18 Jun 2013, 00:42
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Re: In 1980, approximately what fraction of the cost to the [#permalink] New post 25 Jun 2014, 08:51
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Re: In 1980, approximately what fraction of the cost to the   [#permalink] 25 Jun 2014, 08:51
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