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23 Jan 2014, 03:28
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D
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Difficulty:
15%
(low)
Question Stats:
83% (01:27) correct
17%
(01:47)
wrong
based on 2774
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In Year X, 8.7 percent of the men in the labor force were unemployed in June compared with 8.4 percent in May. If the number of men in the labor force was the same for both months, how many men were unemployed in June of that year?
(1) In May of Year X, the number of unemployed men in the labor force was 3.36 million.
(2) In Year X, 120,000 more men in the labor force were unemployed in June than in May.
ID: 700114
(1) In May of Year X, the number of unemployed men in the labor force was 3.36 million.
(2) In Year X, 120,000 more men in the labor force were unemployed in June than in May.
ID: 700114
23 Jan 2014, 03:28
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SOLUTION
In Year X, 8.7 percent of the men in the labor force were unemployed in June compared with 8.4 percent in May. If the number of men in the labor force was the same for both months, how many men were unemployed in June of that year?
(1) In May of Year X, the number of unemployed men in the labor force was 3.36 million --> 0.084*(total) = 3.36 million. We can find (total). Sufficient.
(2) In Year X, 120,000 more men in the labor force were unemployed in June than in May --> (0.087-0.084)*(total) = 120,000. We can find (total). Sufficient.
Answer: D.
In Year X, 8.7 percent of the men in the labor force were unemployed in June compared with 8.4 percent in May. If the number of men in the labor force was the same for both months, how many men were unemployed in June of that year?
(1) In May of Year X, the number of unemployed men in the labor force was 3.36 million --> 0.084*(total) = 3.36 million. We can find (total). Sufficient.
(2) In Year X, 120,000 more men in the labor force were unemployed in June than in May --> (0.087-0.084)*(total) = 120,000. We can find (total). Sufficient.
Answer: D.
General Discussion
23 Jan 2014, 04:15
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Bunuel
All we need is the number of Employees in June to answer this question
Let the total number of employees in May and June be X
1)8.4 % of X=3.36 Million, we can find X
Sufficient
2) 8.7% of X - 8.4% of X=120,000
Here again we can find the value of X
Sufficient
Answer D
(X=40 Million)
