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

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Manager
Joined: 20 Mar 2005
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Last year in a group of 30 businesses, 21 reported a net [#permalink]

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01 Jul 2007, 06:58
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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.
Manager
Joined: 15 Sep 2006
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01 Jul 2007, 08:07
Balvinder wrote:
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 - Sufficient.
Net profit group => 12+9=21
Foreign markets => 12+3=15
Neither foreign markets nor net profit =6

Statement 2 - Sufficient.
Provides information about the union of all the groups, except the one that did not have net profit nor had foreign investments.
30-24 = 6

Re: DS   [#permalink] 01 Jul 2007, 08:07
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