I solved the question the same way as quite a few people shared here, with one additional step:
i. We are able to separate 20% of the men; i.e. we can separate 1/5th of the men - so, the number of men must be a multiple of 5.
ii. We are able to separate 25% of the women; i.e. we can separate 1/4th of the women - so, the number of women must be a multiple of 4.
iii. We want to find the least number of members to are homeowners. Since within women a greater proportion are homeowners, I want to minimize the number of women in the group.
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iv. Next: work backward from 200, checking each pair to find one that fits while keeping the above constraints in mind. e.g.
a. w: 4, m: 196 —> doesn’t work because 196 is not a multiple of 5.
b. w: 8, m: 192 —> doesn’t work because 192 is not a multiple of 5.
c. w: 12, m: 188 —> doesn’t work because 188 is not a multiple of 5.
d. w: 16, m: 184 —> doesn’t work because 184 is not a multiple of 5.
e. w: 20, m: 180 —> work because 180 is a multiple of 5. Fits!
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iv.
Instead of this, we could also realize that
[a multiple of 5] + [a multiple of 4] = 200.
200 is a multiple of both 4 and 5.
Since the number of men needs to be a multiple of 5, and the total number of members is a multiple of 5 (200), the number of women must also be a multiple of 5.
Since the number of women needs to be a multiple of 4, and the total number of members is a multiple of 4, the number of men must also be a multiple of 4.
Thus, the number of men and of women must both be multiple of 4 and 5 - i.e. of 20.
In order to minimize the number of women, I’ll take smallest non-zero multiple of women: 20. And then correspondingly we’d have 180 men.
And now, 25% of 20 + 20% of 180 would give us the answer.
25% of 20 = 5
20% of 180 = 2 x 10% of 180 = 2 x 18 = 36
5 + 36 =41. Answer (E)