Oct 14 08:00 PM PDT  11:00 PM PDT Join a 4day FREE online boot camp to kick off your GMAT preparation and get you into your dream bschool in R2.**Limited for the first 99 registrants. Register today! Oct 15 12:00 PM PDT  01:00 PM PDT Join this live GMAT class with GMAT Ninja to learn to conquer your fears of long, kooky GMAT questions. Oct 16 08:00 PM PDT  09:00 PM PDT EMPOWERgmat is giving away the complete Official GMAT Exam Pack collection worth $100 with the 3 Month Pack ($299) Oct 19 07:00 AM PDT  09:00 AM PDT Does GMAT RC seem like an uphill battle? eGMAT is conducting a free webinar to help you learn reading strategies that can enable you to solve 700+ level RC questions with at least 90% accuracy in less than 10 days. Sat., Oct 19th at 7 am PDT Oct 20 07:00 AM PDT  09:00 AM PDT Get personalized insights on how to achieve your Target Quant Score.
Author 
Message 
TAGS:

Hide Tags

Manager
Joined: 18 Apr 2019
Posts: 87
Location: India
GPA: 4

Are at least 10 percent of the people in Country X who are 65 years
[#permalink]
Show Tags
21 Jun 2019, 05:22
VeritasKarishma wrote: enigma123 wrote: Are at least 10 percent of the people in Country X who are 65 years old or older employed?
(1) In country X, 11.3 percent of the population is 65 year old or older (2) In country X, of the population 65 year old or older, 20 percent of the men and 10 percent of the women are employed Question: Of the people who are 65+ yrs old, are at least 10% employed? So say the population is 100, if 20 are 65+ yrs old, the question is that are at least 10% of them (i.e. 2 people) employed? (1) In country X, 11.3 percent of the population is 65 year old or older Doesn't tell us anything about employment. Not sufficient. (2) In country X, of the population 65 year old or older, 20 percent of the men and 10 percent of the women are employed So this statement talks about only the population which is 65+ yrs old. It says that of those people, of all the men, 20% are employed and of all the women, 10% are employed. So if you take the population of all 65+ yrs old people, can we guess what the employment rate is? It depends on what percent of 65+ people are men and what percent are women. But is there a range in which it must lie? Yes, the rate of employment of all 65+ people will lie between 10% and 20%. If the entire 65+ population is men, then the rate of employment will be 20%. If the entire 65+ population is women, then the rate of employment will be 10%. In case there is a mix of men and women, the rate of employment will lie between 10% and 20%. It will be the weighted average of 10% and 20%. Answer (B) This question, though much easier, is similar to the famous piglet question from GMAT Prep. Check it out here: http://www.veritasprep.com/blog/2014/09 ... difficult/Hi Karishma, ( VeritasKarishma ) Thank you for the detailed explanation. I do have a doubt though. The question does NOT state that there are ONLY men and women. Why do we not consider the possibility that men are just 2% of the 65+ year olds and women are 3%. The rest are a third gender. This scenario would prove this statement NOT SUFFICIENT.



Director
Joined: 20 Jul 2017
Posts: 844
Location: India
Concentration: Entrepreneurship, Marketing
WE: Education (Education)

Re: Are at least 10 percent of the people in Country X who are 65 years
[#permalink]
Show Tags
21 Jun 2019, 12:20
LM wrote: Are at least 10 percent of the people in Country X who are 65 years old or older employed? (1) In Country X, 11.3 percent of the population is 65 years old or older. (2) In Country X, of the population 65 years old or older, 20 percent of the men and 10 percent of the women are employed. (1) In Country X, 11.3 percent of the population is 65 years old or older. Doesn't talk about employment  Insufficient(2) In Country X, of the population 65 years old or older, 20 percent of the men and 10 percent of the women are employed. The average will always lie between 10 O& 20 percent > So ,we can definitely say that % employed > 10 SufficientOption B Pls Hit Kudos if you like the solution
_________________
Pls Hit Kudos if you like the solution



Manager
Joined: 04 Jun 2017
Posts: 109
Location: India
Concentration: Strategy, Operations
GPA: 3.82

Re: Are at least 10 percent of the people in Country X who are 65 years
[#permalink]
Show Tags
21 Jun 2019, 20:23
(1) In Country X, 11.3 percent of the population is 65 years old or older.
insufficient, as no info about employment rates
(2) In Country X, of the population 65 years old or older, 20 percent of the men and 10 percent of the women are employed.
B is correct



Manager
Joined: 18 Apr 2019
Posts: 87
Location: India
GPA: 4

Re: Are at least 10 percent of the people in Country X who are 65 years
[#permalink]
Show Tags
23 Jun 2019, 01:06
Bunuel wrote: Are at least 10 percent of the people in Country X who are 65 years old or older employed?
Question: is at least 10% of some particular group of people employed? (Don't let the phrase "of the population 65 year old or older" confuse you, refer to it as to some particular group.)
(1) In Country X, 11.3 percent of the population is 65 years old or older.
This particular group composes 11.3% of total population. Clearly insufficient, as no info about employment rates in this group.
(2) In Country X, of the population 65 years old or older, 20 percent of the men and 10 percent of the women are employed.
20% of the men in this group and 10% of the women in this group are employed. No matter how many men and women are in this group, more than 10% will be employed. This is because the weighted average of 2 individual averages (10% and 20%) must lie between these individual averages, so percent of employed people in this group is between 10% and 20%. Sufficient.
Answer: B. Hi Bunuel , The question does NOT state that there are ONLY men and women. Why do we not consider the possibility that men are just 2% of the 65+ year olds and women are 3%. The rest are a third gender. This scenario would prove this statement NOT SUFFICIENT.



Math Expert
Joined: 02 Sep 2009
Posts: 58335

Re: Are at least 10 percent of the people in Country X who are 65 years
[#permalink]
Show Tags
23 Jun 2019, 02:24
Karmesh wrote: Bunuel wrote: Are at least 10 percent of the people in Country X who are 65 years old or older employed?
Question: is at least 10% of some particular group of people employed? (Don't let the phrase "of the population 65 year old or older" confuse you, refer to it as to some particular group.)
(1) In Country X, 11.3 percent of the population is 65 years old or older.
This particular group composes 11.3% of total population. Clearly insufficient, as no info about employment rates in this group.
(2) In Country X, of the population 65 years old or older, 20 percent of the men and 10 percent of the women are employed.
20% of the men in this group and 10% of the women in this group are employed. No matter how many men and women are in this group, more than 10% will be employed. This is because the weighted average of 2 individual averages (10% and 20%) must lie between these individual averages, so percent of employed people in this group is between 10% and 20%. Sufficient.
Answer: B. Hi Bunuel , The question does NOT state that there are ONLY men and women. Why do we not consider the possibility that men are just 2% of the 65+ year olds and women are 3%. The rest are a third gender. This scenario would prove this statement NOT SUFFICIENT. As per GMAT, there are only two genders.
_________________



Veritas Prep GMAT Instructor
Joined: 16 Oct 2010
Posts: 9695
Location: Pune, India

Re: Are at least 10 percent of the people in Country X who are 65 years
[#permalink]
Show Tags
24 Jun 2019, 23:50
Karmesh wrote: Hi Karishma, ( VeritasKarishma ) Thank you for the detailed explanation. I do have a doubt though. The question does NOT state that there are ONLY men and women. Why do we not consider the possibility that men are just 2% of the 65+ year olds and women are 3%. The rest are a third gender. This scenario would prove this statement NOT SUFFICIENT. The concept of a third official gender is not popular enough yet and hence, there are only 2 genders as far as GMAT is concerned. This may change in future but right now, we are safe in assuming 2 genders only.
_________________
Karishma Veritas Prep GMAT Instructor
Learn more about how Veritas Prep can help you achieve a great GMAT score by checking out their GMAT Prep Options >



Senior Manager
Status: Gathering chakra
Joined: 05 Feb 2018
Posts: 433

Re: Are at least 10 percent of the people in Country X who are 65 years
[#permalink]
Show Tags
30 Sep 2019, 17:10
LM wrote: Are at least 10 percent of the people in Country X who are 65 years old or older employed? Let n = a number (65 or older, employed) Question: n ≥ Total Employed/10 ? (1) In Country X, 11.3 percent of the population is 65 years old or older. 0.113*Total Population = Total Employed If (65 or older, NOT employed ) = 0, then yes But, (65 or older, NOT employed) could also be some big portion of n, say 50%, so then it would be no. Not sufficient. (2) In Country X, of the population 65 years old or older, 20 percent of the men and 10 percent of the women are employed.Total Employed = #men + #women n = #men employed + #women employed n = 2/10*#men + 1/10*#women Regardless of actual numbers, n will be more than 10% (take 10 men, 10 women, 3/20 = 15%) Sufficient.




Re: Are at least 10 percent of the people in Country X who are 65 years
[#permalink]
30 Sep 2019, 17:10



Go to page
Previous
1 2
[ 27 posts ]



