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# Fifty percent of the subscribers to newspaper X are corporate managers

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Math Expert
Joined: 02 Sep 2009
Posts: 51280
Fifty percent of the subscribers to newspaper X are corporate managers  [#permalink]

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25 Jul 2018, 01:17
00:00

Difficulty:

15% (low)

Question Stats:

93% (01:45) correct 7% (00:38) wrong based on 28 sessions

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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

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MBA Section Director
Affiliations: GMATClub
Joined: 22 May 2017
Posts: 1544
Concentration: Nonprofit
GPA: 4
WE: Engineering (Computer Software)
Re: Fifty percent of the subscribers to newspaper X are corporate managers  [#permalink]

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25 Jul 2018, 01:31
Total number of subscribers = 25000

Fifty percent of the subscribers to newspaper X are corporate managers = $$\frac{50}{100} * 25000$$ = 12500

out of these corporate managers, 30 percent are in the financial field = $$\frac{30}{100} * 12500$$ = 3750

40 percent of the subscribers who are corporate managers in the financial field are money managers = $$\frac{40}{100} * 3750$$ = 1500

Hence option A
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Joined: 13 Feb 2018
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Re: Fifty percent of the subscribers to newspaper X are corporate managers  [#permalink]

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25 Jul 2018, 01:44
25000 * 0.5 (corporate managers) * 0.3 (Financial Field) * 0.4 (money managers) = 1500

IMO
Ans: A
Re: Fifty percent of the subscribers to newspaper X are corporate managers &nbs [#permalink] 25 Jul 2018, 01:44
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