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5.6 percent of the people in the labor force of Pretendville were unem

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5.6 percent of the people in the labor force of Pretendville were unem  [#permalink]

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New post 22 May 2017, 10:49
1
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A
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E

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Question Stats:

88% (01:21) correct 12% (01:13) wrong based on 91 sessions

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5.6 percent of the people in the labor force of Pretendville were unemployed in September, compared to 5.9 percent in October. If the number of people in the labor force of Pretendville was the same for both months, how many people were employed in October of 2005?

(1) 10,000 more people were unemployed in October than in September.
(2) In May of the same year, the number of unemployed people in the labor force was 135,000.

Source: GMAT for Dummies

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Re: 5.6 percent of the people in the labor force of Pretendville were unem  [#permalink]

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New post 22 May 2017, 11:16
1
1
Let,

The total number of people in the labor force of Pretendville in September = 1000x
No. of people in the labor force of Pretendville who were unemployed in September = 5.6% of 1000x = 56x
No. of people in the labor force of Pretendville who were unemployed in October = 5.9% of 1000x = 59x

how many people were employed in October of 2005 = 1000x - 59x = 941x

Statement (1) 10,000 more people were unemployed in October than in September.

This statement gives the difference in the number of people unemployed in September and October. By solving for x we can find the total number of people employed in October

This statement is sufficient.

Statement (2) In May of the same year, the number of unemployed people in the labor force was 135,000.

This statement gives information for the month of May which is not related to the question. This statement is not sufficient.

Answer is A
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5.6 percent of the people in the labor force of Pretendville were unem  [#permalink]

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New post 24 May 2017, 01:49
Ans: Option A

Explanation:
Let total people in the labor force of Pretendville = x
Sept unemployed population = 5.6x
Oct unemployed population = 5.9x
Difference = (5.9 - 5.6)x = 0.3x [Since number of people in the labor force of Pretendville was the same for both months]

Statement 1 : Provided the difference, hence we can find the exact number. Sufficient
Statement 2 : Population of May given. Irrelevant information. Not Sufficient.
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Re: 5.6 percent of the people in the labor force of Pretendville were unem  [#permalink]

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New post 13 Jul 2017, 18:53
Another approach:

This is what the question stem tells us:
Let x be total population (remains constant)
# of people unemployed in September: 5.6%*x
# of people unemployed in October: 5.9%*x

We want to find # of people unemployed in October.

Statement 1)
Since there were 10,000 more people unemployed in October, we can use this information to equate the two equations we derived from the stem.
5.9%*x= 5.6%*x +10,000

Solve and find x (then multiply by 5.9%).
Therefore, sufficient.

Statement 2)
Irrelevant, so insufficient.
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5.6 percent of the people in the labor force of Pretendville were unem  [#permalink]

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New post 27 Mar 2018, 22:00
SajjadAhmad wrote:
5.6 percent of the people in the labor force of Pretendville were unemployed in September, compared to 5.9 percent in October. If the number of people in the labor force of Pretendville was the same for both months, how many people were employed in October of 2005?

(1) 10,000 more people were unemployed in October than in September.
(2) In May of the same year, the number of unemployed people in the labor force was 135,000.

Source: GMAT for Dummies


Statement 1 :
since the labour force is same for both the months

We can directly subtract.

5.9% of X - 5.6% of X = 10000
0.3% of X = 10000
3X/1000 = 10000

No need to calculate further , we can see X will give a value.

Sufficient.

Statement 2 :

No relevance to what happedn in May.

Insufficient

[Option
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Re: 5.6 percent of the people in the labor force of Pretendville were unem  [#permalink]

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New post 23 Aug 2018, 09:03
May be nitpicky, but the posed question never specifies the year in which the unemployment numbers were claimed, hence i chose E. Are we to assume that the question posed October & September data to be within the year 2005 even though it is not explicitly stated? Also makes me wonder why the question mentions a specific year instead of just the month. Looking for help - thanks


DhruvPatelD10 wrote:
SajjadAhmad wrote:
5.6 percent of the people in the labor force of Pretendville were unemployed in September, compared to 5.9 percent in October. If the number of people in the labor force of Pretendville was the same for both months, how many people were employed in October of 2005?

(1) 10,000 more people were unemployed in October than in September.
(2) In May of the same year, the number of unemployed people in the labor force was 135,000.

Source: GMAT for Dummies


Statement 1 :
since the labour force is same for both the months

We can directly subtract.

5.9% of X - 5.6% of X = 10000
0.3% of X = 10000
3X/1000 = 10000

No need to calculate further , we can see X will give a value.

Sufficient.

Statement 2 :

No relevance to what happedn in May.

Insufficient

[Option
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Re: 5.6 percent of the people in the labor force of Pretendville were unem   [#permalink] 23 Aug 2018, 09:03
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