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In a survey on the economic outlook for the coming year, each of 500 local companies were asked whether it intended to expand its current workforce, whether it expected to increase revenues, and whether it would be spending more on marketing. 26% responded negatively to all three questions, whereas 60% responded affirmatively to only one of the three questions. Of the companies that responded affirmatively to at least two questions, did more than half respond affirmatively to all three?
(1) 50 companies said they would both increase revenues and spend more on marketing.
(2) 50 companies said they would both expand their current workforces and spend more on marketing.
(1) 50 companies said they would both increase revenues and spend more on marketing.
(2) 50 companies said they would both expand their current workforces and spend more on marketing.
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25 Aug 2006, 05:04
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It should be D...
None : 130
Only One : 300
Remaining : 170
So both A and B are suff....
None : 130
Only One : 300
Remaining : 170
So both A and B are suff....
25 Aug 2006, 10:25
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sumitsarkar82
Remaining = 500 - (130+300) = 70 and not 170!
none = 26%
only 1 = 60%
at least 2 = exactly 2 + exactly 3
= 100 - (60 + 26) = 14%
(1) -> revenue & marketing = 100 = 20% .. no info abt current workforce .. INSUFF
(2) -> current workforce and marketing = 70 = 14% .. no info abt revenue.. INSUFF
what I don't understand is how the %age of at least 2 (14%) is <= (1) or (2) .. are the values in the qn correct pls ?
