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A total of 120 investment advisors work at a particular financial serv

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New post 04 Apr 2017, 11:50
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Question Stats:

72% (00:59) correct 28% (02:08) wrong based on 25 sessions

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A total of 120 investment advisors work at a particular financial services firm, 30 in bonds and the rest in equities. Fifty percent of the investment advisors are board-certified. If one third of the equities advisors are board-certified, how many bonds advisors are not board-certified?

A. 0
B. 10
C. 15
D. 20
E. 30

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A total of 120 investment advisors work at a particular financial serv  [#permalink]

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New post 04 Apr 2017, 12:11
SajjadAhmad wrote:
A total of 120 investment advisors work at a particular financial services firm, 30 in bonds and the rest in equities. Fifty percent of the investment advisors are board-certified. If one third of the equities advisors are board-certified, how many bonds advisors are not board-certified?

A. 0
B. 10
C. 15
D. 20
E. 30


Total 120 investment advisors
30 in bonds and 90 in equities

Fifty percent (investment advisors) are board-certified = 0.5 * 120 = 60
one third of the equities advisors are board-certified ==> 90*(1/3) = 30 and remaining 60-30 = 30 are bond advisors who are board certified

bonds advisors not board-certified are = 30-30 = 0

Hence option A is correct
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A total of 120 investment advisors work at a particular financial serv &nbs [#permalink] 04 Apr 2017, 12:11
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