NEW HERE? LEARN MORE
closeclose
Last visit was: 24 Apr 2024, 00:36 It is currently 24 Apr 2024, 00:36
Decision Tracker
My Rewards
New posts
New comers' posts

Close
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
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.
Go to My Error Log Learn more
Close
Request Expert Reply
Confirm Cancel

In February Wilson’s earnings were 40 percent of his family’

SORT BY:
Date
Kudos
Tags:
Find Similar Topics 
Show Tags
Hide Tags
User avatar
megafan
Manager
Manager
Joined: 28 May 2009
Posts: 139
Own Kudos [?]: 797 [7]
Given Kudos: 91
Location: United States
Concentration: Strategy, General Management
Schools: Booth PT '18 Stern PT Fall'18
GMAT Date: 03-22-2013
GPA: 3.57
WE:Information Technology (Consulting)
Send PM
GMAT ToolKit User
In February Wilson’s earnings were 40 percent of his family’ [#permalink] New post   05 Feb 2013, 12:40
7
Bookmarks
00:00
A
B
C
D
E

Difficulty:

55% (hard)

Question Stats:

53% (01:22) correct 47% (01:28) wrong based on 205 sessions
Hide Show timer Statistics
In February Wilson’s earnings were 40 percent of his family’s total income. In March Wilson earned 25 percent less than in February. If the rest of his family’s income was the same in both months, then, in March, Wilson’s earnings were approximately what percent of his family’s total income?

(A) 15%

(B) 17%

(C) 24%

(D) 30%

(E) 33%

Source: Gmat Hacks 1800
ShowHide Answer
Official Answer
E
User avatar
B
fameatop
Senior Manager
Senior Manager
Joined: 24 Aug 2009
Posts: 388
Own Kudos [?]: 2260 [4]
Given Kudos: 276
Concentration: Finance
Schools:Harvard, Columbia, Stern, Booth, LSB,
Send PM
Re: In February Wilson's earnings were 40 percent of his family' [#permalink] New post   05 Feb 2013, 22:51
3
Kudos
1
Bookmarks
megafan wrote:
In February Wilson’s earnings were 40 percent of his family’s total income. In March Wilson earned 25 percent less than in February. If the rest of his family’s income was the same in both months, then, in March, Wilson’s earnings were approximately what percent of his family’s total income?
(A) 15%
(B) 17%
(C) 24%
(D) 30%
(E) 33%
Source: Gmat Hacks 1800


Lets suppose the Total Family income in Feb = 100x
Wilson's earning in Feb = 40% of 100x = 40x
Earnings of remaining family in Feb = 100x - 40x = 60x

Wilson's earning in March = 75% of Wilson's Feb earnings = 75% of 40x = 30x
Earnings of remaining family in March = Earnings of remaining family in Feb = 60x

Thus Wilson's earning as % of Total family income in March = 30x/ (30+60)x = 30x/90x = 33.33%

Thus Answer is E

Hope it helps.

Fame.
User avatar
MacFauz
VP
VP
Joined: 02 Jul 2012
Posts: 1011
Own Kudos [?]: 3117 [1]
Given Kudos: 116
Location: India
Concentration: Strategy
Schools: Ross '16 (D) McCombs '16 (D) Kenan-Flagler '16 (WA) Olin '16 (M$) Tepper '16 (D)
GMAT 1: 740 Q49 V42
GPA: 3.8
WE:Engineering (Energy and Utilities)
Send PM
Re: In February Wilson's earnings were 40 percent of his family' [#permalink] New post   05 Feb 2013, 23:00
1
Kudos
In Feb,
Let Wilson's Income be = $40 and rest of family's income be = $60

In March,
Wilson's Income = $30 and rest of family's income = $60

Total Family income = 30 + 60 = 90$

Wilson's income as a percentage of family's income = 30/90 = 33%

Answer is E.
User avatar
L
Bunuel
Math Expert
Joined: 02 Sep 2009
Posts: 92891
Own Kudos [?]: 618660 [0]
Given Kudos: 81564
Send PM
CAT Tests Forum Quiz Mode
Re: In February Wilson’s earnings were 40 percent of his family’ [#permalink] New post   06 Feb 2013, 00:43
Expert Reply
megafan wrote:
In February Wilson’s earnings were 40 percent of his family’s total income. In March Wilson earned 25 percent less than in February. If the rest of his family’s income was the same in both months, then, in March, Wilson’s earnings were approximately what percent of his family’s total income?

(A) 15%

(B) 17%

(C) 24%

(D) 30%

(E) 33%

Source: Gmat Hacks 1800


Original question from GMAT Prep:

Quote:
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%


Discussed here: in-may-mrs-lee-s-earnings-were-60-percent-of-the-lee-family-94987.html

Are all Gmat Hacks questions just reworded questions from GMAT Prep?
User avatar
megafan
Manager
Manager
Joined: 28 May 2009
Posts: 139
Own Kudos [?]: 797 [1]
Given Kudos: 91
Location: United States
Concentration: Strategy, General Management
Schools: Booth PT '18 Stern PT Fall'18
GMAT Date: 03-22-2013
GPA: 3.57
WE:Information Technology (Consulting)
Send PM
GMAT ToolKit User
Re: In February Wilson’s earnings were 40 percent of his family’ [#permalink] New post   06 Feb 2013, 09:09
1
Kudos
Bunuel wrote:
Discussed here: in-may-mrs-lee-s-earnings-were-60-percent-of-the-lee-family-94987.html

Are all Gmat Hacks questions just reworded questions from GMAT Prep?


Pretty much. That's why it's so good. In addition to GMATPrep-like questions, Sackmann's questions are also reworded from OG and GMAT Paper Tests. And there are 1800 of them in total. I did about 1000, on track to complete all of them by next week. Also have to to spend more time reviewing the mistakes I am making.

Anyway, to sum up, it's a really great source. After completing these questions, I should be on track to attempt the ultimatum—GMAT Club Tests!
avatar
sayansarkar
Intern
Intern
Joined: 28 Jul 2013
Posts: 48
Own Kudos [?]: 100 [0]
Given Kudos: 37
Location: India
Concentration: Marketing, Strategy
GPA: 3.62
WE:Engineering (Manufacturing)
Send PM
Re: In February Wilson’s earnings were 40 percent of his family’ [#permalink] New post   04 May 2014, 19:29
the wording is very confusing.

W(feb)= .4F
W(March) = .75x.4F
therefore percentage = (75x.4F)/2F = .15
avatar
mridupawandas
Manager
Manager
Joined: 02 May 2014
Status:Applied
Posts: 96
Own Kudos [?]: 46 [0]
Given Kudos: 46
Location: India
Concentration: Operations, General Management
Schools: Terry '18 (WL) Katz '18 (D) Tippie '18 (D) Eller FT'18 (A) Schulich Sept"18 (S) Desautels '18 (I) Sauder '18 (S) Olin '18 (S) Neeley '18 (WL) Tulane '18 (A) Moore '18 Fox(Temple)'18 UCSD '18 Weatherhead '18 (S) GWU '18 Simon '18 Madison '18
GMAT 1: 690 Q47 V38
GPA: 3.35
WE:Information Technology (Computer Software)
Send PM
Re: In February Wilson’s earnings were 40 percent of his family’ [#permalink] New post   09 Feb 2015, 05:17
took the total income in feb as 100 so wilson in feb 40 and rest of family 60 now in march wilson 25% less than in feb and other members income same so wilson in march 30 and others 60 so total income in march 90 so wilson percentage 30/90=33.33 percentage
User avatar
bumpbot
Non-Human User
Joined: 09 Sep 2013
Posts: 32636
Own Kudos [?]: 821 [0]
Given Kudos: 0
Send PM
Re: In February Wilson’s earnings were 40 percent of his family’ [#permalink] New post   30 Nov 2021, 02:59
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.
GMAT Club Bot
gmatclubot
Re: In February Wilson’s earnings were 40 percent of his family’ [#permalink]
30 Nov 2021, 02:59
Moderators:
Bunuel
Math Expert
92888 posts
yashikaaggarwal
Senior Moderator - Masters Forum
3137 posts

Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne
Main navigation
GMAT Resources
Partners
MBA Resources
www.gmac.com|www.mba.com | | GMAT Club Rules | Terms and Conditions