Find all School-related info fast with the new School-Specific MBA Forum

 It is currently 20 Oct 2014, 03:56

### 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

# In May Mrs Lee's earnings were 60 percent of the Lee family's total in

Author Message
TAGS:
Senior Manager
Joined: 14 Aug 2006
Posts: 368
Followers: 1

Kudos [?]: 3 [1] , given: 0

In May Mrs Lee's earnings were 60 percent of the Lee family's total in [#permalink]  17 Dec 2006, 13:29
1
KUDOS
00:00

Difficulty:

85% (hard)

Question Stats:

52% (02:21) correct 48% (01:25) wrong based on 51 sessions
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%

OPEN DISCUSSION OF THIS QUESTION IS HERE: in-may-mrs-lee-s-earnings-were-60-percent-of-the-lee-family-94987.html
[Reveal] Spoiler: OA

Last edited by Bunuel on 04 Sep 2014, 11:57, edited 1 time in total.
Renamed the topic, edited the question and added the OA.
 Kaplan GMAT Prep Discount Codes Knewton GMAT Discount Codes Manhattan GMAT Discount Codes
Senior Manager
Joined: 08 Jun 2006
Posts: 343
Location: Washington DC
Followers: 1

Kudos [?]: 14 [0], given: 0

Re: In May Mrs Lee's earnings were 60 percent of the Lee family's total in [#permalink]  17 Dec 2006, 17:07
Say May income = 100
L's income = 60 and rest of the family = 40
In June L's income = 60 * 120 /100 = 72

So 72 /72 + 40 = 64%
Intern
Joined: 24 Feb 2006
Posts: 48
Followers: 1

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

Re: In May Mrs Lee's earnings were 60 percent of the Lee family's total in [#permalink]  17 Dec 2006, 17:13
Let in May Lee family's total income =100
in May Mrs Lee's income =60
in May rest of the family's income = 40

In june Mrs Lees income = 60*120/100 = 72
In june Total income = 72+ 40 = 112
% of Mrs Lee's income = 72/112 =64.28

(A) is the best Ans
CEO
Joined: 09 Sep 2013
Posts: 2782
Followers: 206

Kudos [?]: 42 [0], given: 0

Re: In May Mrs Lee's earnings were 60 percent of the Lee family's total in [#permalink]  04 Sep 2014, 11:05
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.
_________________
Math Expert
Joined: 02 Sep 2009
Posts: 23331
Followers: 3599

Kudos [?]: 28591 [0], given: 2803

Re: In May Mrs Lee's earnings were 60 percent of the Lee family's total in [#permalink]  04 Sep 2014, 11:58
Expert's post
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%}.

OPEN DISCUSSION OF THIS QUESTION SI HERE: in-may-mrs-lee-s-earnings-were-60-percent-of-the-lee-family-94987.html
_________________
Re: In May Mrs Lee's earnings were 60 percent of the Lee family's total in   [#permalink] 04 Sep 2014, 11:58
Similar topics Replies Last post
Similar
Topics:
11 In May Mrs Lee's earnings were 60 percent of the Lee family' 10 29 May 2010, 07:23
In May, Mrs. Lee's earnings were 60 percent of the Lee 5 03 Dec 2007, 13:57
In May Mrs. Lee's earnings were 60 percent of the Lee's 3 04 Apr 2007, 15:55
In may, mrs. Lee earnings were 60 percent of lee family's 4 05 Aug 2006, 14:36
2 In May Mrs Lee's earnings were 60 percent of the Lee family' 11 26 Dec 2005, 17:58
Display posts from previous: Sort by