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# Last year in a group of 30 businesses, 21 reported a net

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Manager
Joined: 10 Oct 2005
Posts: 114
Location: Hollywood
Followers: 0

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

Last year in a group of 30 businesses, 21 reported a net [#permalink]  08 Oct 2006, 09:49
00:00

Difficulty:

(N/A)

Question Stats:

0% (00:00) correct 0% (00:00) wrong based on 0 sessions
Last year in a group of 30 businesses, 21 reported a net profit and
did not report a net profit nor invest in foreign markets last year?

(1) last year 12 of the 30 businesses reported a net profit and had investments
in foreign markets.

(2) last year 24 of the 30 businesses reported a net profit or invested in
foreign markets, or both.

Statement (1) ALONE is sufficient, but statement (2) alone is not sufficient
Statement (2) ALONE is sufficient, but statement (1) alone is not sufficient
BOTH statements TOGETHER are sufficient, but NEITHER statement ALONE
is sufficient.
EACH statement ALONE is sufficient
Statements (1) and (2) TOGETHER are NOT sufficient
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Director
Joined: 23 Jun 2005
Posts: 847
GMAT 1: 740 Q48 V42
Followers: 5

Kudos [?]: 23 [0], given: 1

D

Statement 1: A intersection B = 12.
1. a net profit or
2. investment in foreign businesses or
3. both

SUFF

Statement 2:
the derivation is already done and the the solution is given. So SUFF
Senior Manager
Joined: 30 Aug 2006
Posts: 374
Followers: 2

Kudos [?]: 8 [0], given: 0

D (using venn diagram)

I) 9 + 12 + 3 + REST = 30 SUFF
II) REST = 30 - 24 SUFF
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