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# Last year in a group of 30 businesses, 21 reported a net

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Manager
Joined: 20 Mar 2005
Posts: 169

Kudos [?]: 104 [0], given: 0

Last year in a group of 30 businesses, 21 reported a net [#permalink]

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01 Jul 2007, 07:58
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Last year in a group of 30 businesses, 21 reported a net profit and
15 had investments in foreign markets. How many of the businesses
did not report a net profit nor invest in foreign markets last year?

(1) last year 12 of the 30 businesses reported a net profit and had investments in foreign markets.

(2) last year 24 of the 30 businesses reported a net profit or invested in
foreign markets, or both.

Kudos [?]: 104 [0], given: 0

Manager
Joined: 15 Sep 2006
Posts: 94

Kudos [?]: 7 [0], given: 0

Re: DS [#permalink]

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01 Jul 2007, 09:07
Balvinder wrote:
Last year in a group of 30 businesses, 21 reported a net profit and
15 had investments in foreign markets. How many of the businesses
did not report a net profit nor invest in foreign markets last year?

(1) last year 12 of the 30 businesses reported a net profit and had investments in foreign markets.

(2) last year 24 of the 30 businesses reported a net profit or invested in
foreign markets, or both.

Statement 1 - Sufficient.
Net profit group => 12+9=21
Foreign markets => 12+3=15
Neither foreign markets nor net profit =6

Statement 2 - Sufficient.
Provides information about the union of all the groups, except the one that did not have net profit nor had foreign investments.
30-24 = 6

My answer is D.

Kudos [?]: 7 [0], given: 0

Re: DS   [#permalink] 01 Jul 2007, 09:07
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# Last year in a group of 30 businesses, 21 reported a net

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