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

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Senior RC Moderator
Joined: 02 Nov 2016
Posts: 4942
GPA: 3.39
A total of 120 investment advisors work at a particular financial serv  [#permalink]

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04 Apr 2017, 11:50
00:00

Difficulty:

35% (medium)

Question Stats:

62% (01:32) correct 38% (01:37) wrong based on 28 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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04 Apr 2017, 12:11
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

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   [#permalink] 04 Apr 2017, 12:11
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