Check GMAT Club Decision Tracker for the Latest School Decision Releases https://gmatclub.com/AppTrack
GMAT Club

 It is currently 24 Mar 2017, 17:21

### GMAT Club Daily Prep

#### Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

# Events & Promotions

###### Events & Promotions in June
Open Detailed Calendar

# Fifty percent of the subscribers to newspaper X are corporat

 new topic post reply Question banks Downloads My Bookmarks Reviews Important topics
Author Message
TAGS:

### Hide Tags

Director
Joined: 29 Nov 2012
Posts: 894
Followers: 15

Kudos [?]: 1124 [0], given: 543

Fifty percent of the subscribers to newspaper X are corporat [#permalink]

### Show Tags

08 Sep 2013, 02:00
00:00

Difficulty:

15% (low)

Question Stats:

83% (02:41) correct 17% (02:20) wrong based on 47 sessions

### HideShow timer Statistics

Fifty percent of the subscribers to newspaper X are corporate managers and, of these, 30 percent are in the financial field. If 40 percent of the subscribers who are corporate managers in the financial field are money managers, how many of the newpaper's 25000 subscribers are corporate money managers in the financial field?

a) 1,500
b) 3,000
c) 3,750
d) 7,500
e) 8,750

Please provide detailed explanations!
[Reveal] Spoiler: OA

_________________

Click +1 Kudos if my post helped...

Amazing Free video explanation for all Quant questions from OG 13 and much more http://www.gmatquantum.com/og13th/

GMAT Prep software What if scenarios http://gmatclub.com/forum/gmat-prep-software-analysis-and-what-if-scenarios-146146.html

Verbal Forum Moderator
Joined: 10 Oct 2012
Posts: 630
Followers: 82

Kudos [?]: 1147 [1] , given: 136

Re: Fifty percent of the subscribers to newspaper X are corporat [#permalink]

### Show Tags

08 Sep 2013, 02:05
1
This post received
KUDOS
fozzzy wrote:
Fifty percent of the subscribers to newspaper X are corporate managers and, of these, 30 percent are in the financial field. If 40 percent of the subscribers who are corporate managers in the financial field are money managers, how many of the newpaper's 25000 subscribers are corporate money managers in the financial field?

a) 1,500
b) 3,000
c) 3,750
d) 7,500
e) 8,750

Please provide detailed explanations!

Total Subscribers : 25k. Out of these, # of Corporate Managers = 12.5k. Out of these , 30 % are in financial field = 3.75k.
Thus, we have 3.75k Corporate managers, who are in financial field, and 40% of these are money managers = 1.5k
A.
_________________
Intern
Joined: 14 Aug 2013
Posts: 35
Location: United States
Concentration: Finance, Strategy
GMAT Date: 10-31-2013
GPA: 3.2
WE: Consulting (Consumer Electronics)
Followers: 2

Kudos [?]: 75 [2] , given: 4

Re: Fifty percent of the subscribers to newspaper X are corporat [#permalink]

### Show Tags

08 Sep 2013, 02:22
2
This post received
KUDOS
fozzzy wrote:
Fifty percent of the subscribers to newspaper X are corporate managers and, of these, 30 percent are in the financial field. If 40 percent of the subscribers who are corporate managers in the financial field are money managers, how many of the newpaper's 25000 subscribers are corporate money managers in the financial field?

a) 1,500
b) 3,000
c) 3,750
d) 7,500
e) 8,750

Please provide detailed explanations!

CM=50%(Total Subscribers)
CM in FF=30%(50%(Total))
MM=40%(CM in FF)
MM=40%(30%(50%(Total)))
=0.4*0.3*0.5*Total
=0.06*25000
=1500
Re: Fifty percent of the subscribers to newspaper X are corporat   [#permalink] 08 Sep 2013, 02:22
Similar topics Replies Last post
Similar
Topics:
If 35 percent of 400 is 20 percent of x, then x = 3 23 Aug 2016, 02:39
2 Thirty percent of forty percent of fifty is sixty percent of what perc 4 11 Aug 2015, 14:28
1 If 70 percent of 600 is 40 percent of x, then x=? 4 01 May 2012, 00:09
12 x percent of y percent of z is decreased by y percent. What 11 23 Sep 2011, 01:05
30 X percents of the rooms are suits, Y percent of the rooms 16 17 Oct 2007, 23:24
Display posts from previous: Sort by

# Fifty percent of the subscribers to newspaper X are corporat

 new topic post reply Question banks Downloads My Bookmarks Reviews Important topics

 Powered by phpBB © phpBB Group and phpBB SEO Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.