Bunuel wrote:

A company got 1/3 of its revenue last quarter from foreign clients. Of the remaining revenue, they received one-fourth of their revenue from out-of-state clients and the rest from in-state clients. What percent of revenue came from in-state clients?

A. 17

B. 25

C. 42

D. 50

E. 75

Let total revenue, R = $12

(LCM of the fractions' denominators)

1) 1/3 of R from foreign investors:

1/3 of $12 = $4

$(12 - 4) = $8 remain

2) 1/4 of

remaining R from out-of-state investors:

1/4 of $8 = $2

$(8 - 2) = $6 remain

3) The rest [of R] from in-state investors = $6

Percent of revenue from in-state clients:

\(\frac{InStateR}{TotalR}=\frac{$6}{$12}=.50*100=50\) percent

Answer D

_________________

In the depths of winter, I finally learned

that within me there lay an invincible summer.

-- Albert Camus, "Return to Tipasa"