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 Your Progress

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

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

It appears that you are browsing the GMAT Club forum unregistered!

Signing up is free, quick, and confidential.
Join other 500,000 members and get the full benefits of GMAT Club

Registration gives you:

Tests

Take 11 tests and quizzes from GMAT Club and leading GMAT prep companies such as Manhattan GMAT,
Knewton, and others. All are free for GMAT Club members.

Applicant Stats

View detailed applicant stats such as GPA, GMAT score, work experience, location, application
status, and more

Books/Downloads

Download thousands of study notes,
question collections, GMAT Club’s
Grammar and Math books.
All are free!

Thank you for using the timer!
We noticed you are actually not timing your practice. Click the START button first next time you use the timer.
There are many benefits to timing your practice, including:

In May Mrs Lee's earnings were 60 percent of the Lee family' [#permalink]

Show Tags

29 May 2010, 07:23

4

This post received KUDOS

12

This post was BOOKMARKED

00:00

A

B

C

D

E

Difficulty:

85% (hard)

Question Stats:

46% (02:13) correct
54% (00:59) wrong based on 554 sessions

HideShow timer Statistics

In May Mrs Lee's earnings were 60 percent of the Lee family's total income. In June Mrs Lee earned 20 percent more than in May. If the rest of the family's income was the same both months, then, in June, Mrs Lee's earnings were approximately what percent of the Lee family's total income ?

In May Mrs Lee's earnings were 60 percent of the Lee family's total income. In June Mrs Lee earned 20 percent more than in May. If the rest of the family's income was the same both months, then, in June, Mrs Lee's earnings were approximately what percent of the Lee family's total income ?

(A) 64% (B) 68% (C) 72% (D) 76% (E) 80%

Let total income of the family be 100$. In May Mrs Lee's earnings were 60 percent = 60$. Rest of the family's earnings = 40$.

In June family's earnings did not change = 40$, Mrs Lee's earnings = 60$*1.2 = 72$. Total = 40 + 72 = 112$. Mrs Lees share = \(\frac{72}{112}\approx{64%}\).

In May Mrs Lee's earnings were 60 percent of the Lee family's total income. In June Mrs Lee earned 20 percent more than in May. If rest of the family's income did not change, then, in June, Mrs Lee's earnings were approximately what percent of the Lee family's total income ?

(A) 64% (B) 68% (C) 72% (D) 76% (E) 80%

Let total income of the family be 100$. In May Mrs Lee's earnings were 60 percent = 60$. Rest of the family's earnings = 40$.

In June family's earnings did not change = 40$, Mrs Lee's earnings = 60$*1.2 = 72$. Total = 40 + 72 = 112$. Mrs Lees share = \(\frac{72}{112}\approx{64%}\).

Answer: A.

I think Gmat shouldn't trick us with wording like "total". Quant is already tough and making such questions it just throw me off sometimes.
_________________

press kudos, if you like the explanation, appreciate the effort or encourage people to respond.

Though I understand above explanation , considering rest of Family income is fixed it is 64%

What is wrong with this method? Equation1 ...............ML(May Lee) = 60/100 F (Family); Equation 2 ................ JL(June Lee) = 120/100 ML Substitute Equation1 in equation 2 JL = 120/100*(60/100*F) JL = 72/100*F ... So JL is 72% of Family income

Though I understand above explanation , considering rest of Family income is fixed it is 64%

What is wrong with this method? Equation1 ...............ML(May Lee) = 60/100 F (Family); Equation 2 ................ JL(June Lee) = 120/100 ML Substitute Equation1 in equation 2 JL = 120/100*(60/100*F) JL = 72/100*F ... So JL is 72% of Family income

As lee is a family member so his portion is included in the total income.
_________________

Re: In May Mrs Lee's earnings were 60 percent of the Lee family' [#permalink]

Show Tags

05 Feb 2012, 03:10

Ans is A let total income is x so Mrs Lee income is 0.6x so rest of family income is 0.4x mow her salary inc by 20% so it now becomes 0.72x but the remaining income remains 0.4x so now the total family income is 1.12x so 0.72x/1.12x

Hi all. This question was one I got wrong on a practice test (which unfortunately doesn't give or explain the correct solution). I think I must just be looking at it the wrong way though it doesn't seem like a difficult question at all. Another point of view and explanation would be appreciated. Thanks!

In May Mrs. Lee's earnings were 60% of the Lee family's total income. (I wrote down 0.6x) In June Mrs. Lee earned 20% more than in May. ((1.2)(0.6x) maybe this is where I went wrong?) If the rest of the family's income was the same in both months, then what percent of the Lee family's total income did Mrs. Lee earn in June?

64% - 68% - 72% - 76% - 80%

My answer was 72% because (1.2(0.6x)) = .72x But I'm guessing now that I wrote it out wrong?

Hi all. This question was one I got wrong on a practice test (which unfortunately doesn't give or explain the correct solution). I think I must just be looking at it the wrong way though it doesn't seem like a difficult question at all. Another point of view and explanation would be appreciated. Thanks!

In May Mrs. Lee's earnings were 60% of the Lee family's total income. (I wrote down 0.6x) In June Mrs. Lee earned 20% more than in May. ((1.2)(0.6x) maybe this is where I went wrong?) If the rest of the family's income was the same in both months, then what percent of the Lee family's total income did Mrs. Lee earn in June?

64% - 68% - 72% - 76% - 80%

My answer was 72% because (1.2(0.6x)) = .72x But I'm guessing now that I wrote it out wrong?

The only thing you did wrong is that while calculating Lee's new share you considered the same base i.e. x

Lee families income (May) = x Lee's share in that (60%) = 0.6x Lees' income in june = 0.72x Lee families income (June) = 1.12x Lee's new share = 64.28%

Or solve it with simple values

Lee families income (May) = 100 Lee's share in that (60%) = 60 Lees' income in june = 72 Lee families income (June) = 112 Lee's new share = 64.28%
_________________

Hi all. This question was one I got wrong on a practice test (which unfortunately doesn't give or explain the correct solution). I think I must just be looking at it the wrong way though it doesn't seem like a difficult question at all. Another point of view and explanation would be appreciated. Thanks!

In May Mrs. Lee's earnings were 60% of the Lee family's total income. (I wrote down 0.6x) In June Mrs. Lee earned 20% more than in May. ((1.2)(0.6x) maybe this is where I went wrong?) If the rest of the family's income was the same in both months, then what percent of the Lee family's total income did Mrs. Lee earn in June?

64% - 68% - 72% - 76% - 80%

My answer was 72% because (1.2(0.6x)) = .72x But I'm guessing now that I wrote it out wrong?

Merging similar topics. Please ask if anything remains unclear.

Re: In May Mrs Lee's earnings were 60 percent of the Lee family' [#permalink]

Show Tags

15 Nov 2014, 05:25

Hello from the GMAT Club BumpBot!

Thanks to another GMAT Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).

Want to see all other topics I dig out? Follow me (click follow button on profile). You will receive a summary of all topics I bump in your profile area as well as via email.
_________________

Re: In May Mrs Lee's earnings were 60 percent of the Lee family' [#permalink]

Show Tags

01 Jul 2015, 20:56

This question is testing how carefully we can read the problem. Like many of you, I failed to do so and chose C until I carefully reread the problem and saw my error.

Sample numbers are good here.

In May Family Income = 100 Lee = 60 Rest = 40

In June Lee = 60*1.2=72 Rest (since it is unchanged) = 40 Family = 112

Re: In May Mrs Lee's earnings were 60 percent of the Lee family' [#permalink]

Show Tags

11 Sep 2016, 02:06

Hello from the GMAT Club BumpBot!

Thanks to another GMAT Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).

Want to see all other topics I dig out? Follow me (click follow button on profile). You will receive a summary of all topics I bump in your profile area as well as via email.
_________________

Happy New Year everyone! Before I get started on this post, and well, restarted on this blog in general, I wanted to mention something. For the past several months...

It’s quickly approaching two years since I last wrote anything on this blog. A lot has happened since then. When I last posted, I had just gotten back from...

Happy 2017! Here is another update, 7 months later. With this pace I might add only one more post before the end of the GSB! However, I promised that...

The words of John O’Donohue ring in my head every time I reflect on the transformative, euphoric, life-changing, demanding, emotional, and great year that 2016 was! The fourth to...