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Eternal Intern
Joined: 07 Jun 2003
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Mr. Kramer, the losing candidate in a twocandidate [#permalink]
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Updated on: 25 Apr 2014, 01:44
Question Stats:
59% (01:46) correct 41% (02:07) wrong based on 607 sessions
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Mr. Kramer, the losing candidate in a twocandidate election, received 942,568 votes, which was exactly 40 percent of all votes cast. Approximately what percent of the remaining votes would he need to have received in order to have won at least 50 percent of all the votes cast? A. 10% B. 12% C. 15% D. 17% E. 20%
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Originally posted by Curly05 on 21 Jul 2003, 16:35.
Last edited by Bunuel on 25 Apr 2014, 01:44, edited 1 time in total.
Added the OA.




Director
Joined: 05 May 2004
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Re: PS percentage problem [#permalink]
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11 Jul 2004, 20:40
1 min
Assume there are 100 votes
Kramer has 40 and the winner has 60
Kramer needs atleast 50 which means atleast 10 out of 60 which is 16.67%
Hence I'll go with D




GMAT Instructor
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Re: PS: What's a Quick Way to Get This? [#permalink]
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21 Jul 2003, 18:16
Curly05 wrote: 14. Mr. Kramer, the losing candidate in a twocandidate election, received 942,568 votes, which was exactly 40 percent of all the votes cast. Approximately what percent of the remaining votes would he need to have received in order to have won at least 50 percent of all the votes cast?
Divide the vote into 10 parts. He got 4 parts, he needs 5 parts. So he need 1 part out of the remaining 6 parts or .166666666...%  plus one vote.
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AkamaiBrah Former Senior Instructor, Manhattan GMAT and VeritasPrep Vice President, Midtown NYC Investment Bank, Structured Finance IT MFE, Haas School of Business, UC Berkeley, Class of 2005 MBA, Anderson School of Management, UCLA, Class of 1993



Eternal Intern
Joined: 07 Jun 2003
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But how did you get six remaining parts, partner?



Manager
Joined: 10 Jun 2003
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Location: Maryland

The other candidate received the six remaining "parts" (or sixtenths of the vote).
For the vote to have been 50/50, one of the other candidates "tenths" would have to convert to Mr. Kramer. So one tenth out of six tenths is 1/6 = .1666667. That is the fraction of the TOTAL vote that would have to be shifted in order for Mr. Kramer to have tied the vote 50/50.



Eternal Intern
Joined: 07 Jun 2003
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****, another thing, we tend to overlook as testakers, that's all ETS is good for!



SVP
Joined: 03 Feb 2003
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1/6 = .1666667 is a half of your success.
but the stem asks about approximate percentage!
The correct answer is 17%



Manager
Joined: 10 Jun 2003
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Good Point [#permalink]
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22 Jul 2003, 10:55
Great point Stolyar!! Hopefully we would recognize this in the choices (and also remember to round up rather than down), but in other questions such as CR, if we omit something small like "EXCEPT", we will be cooked!
AkamaiBrah, reading what you wrote two posts above made me laugh out loud at work!!! Curly, can you repeat that question/statement please?



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stolyar wrote: 1/6 = .1666667 is a half of your success.
but the stem asks about approximate percentage! The correct answer is 17%
Strictily speaking, since 1/6 has infinitely repeating decimals, an approximate could be:
17%
16.7%
16.67%
etc.
Just have to look at the answers and pick appropriate choice.
_________________
Best,
AkamaiBrah Former Senior Instructor, Manhattan GMAT and VeritasPrep Vice President, Midtown NYC Investment Bank, Structured Finance IT MFE, Haas School of Business, UC Berkeley, Class of 2005 MBA, Anderson School of Management, UCLA, Class of 1993



Director
Joined: 05 Jul 2004
Posts: 876

1:10
Method same as Srijay.
Picking number is best technique for % problems.



Manager
Joined: 11 Jul 2004
Posts: 118

Answer A
Time 1:43
need to approximate to do this fast
i.e. 942568 = 940000
is this the right answer?
ahh yes i see it now.. as usuall jumped to an aswer without reading careful
D is indeed the right answer



Manager
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Re: PS percentage problem [#permalink]
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14 Jul 2004, 07:42
Bhai wrote: Please time yourself and show the time also.
14. Mr. Kramer, the losing candidate in a twocandidate election, received 942,568 votes, which was exactly 40 percent of all the votes cast. Approximately what percent of the remaining votes would he need to have received in order to have won at least 50 percent of all the votes cast? (A) 10% (B) 12% (C) 15% (D) 17% (E) 20%
D, of course.
10%/60% = 16.66% ~~ 17%.



Manager
Joined: 25 Oct 2004
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Is it D 17%
Assume the total votes cast 100 votes recd 40, remaining votes 60. K needs 10 more votes to get 50% . hence percent out of remaining = 100*10/60 = 17%



Intern
Joined: 10 Jan 2005
Posts: 1

Votes he has is 942568 = 0.4 S where S is total of all votes
He need 0.5 S votes.
So % of Votes Required = 0.5S  0.4 S
  = 0.1 S/ 0.6 S = 17%.
Votes Remaining S  0.4S



Director
Joined: 21 Sep 2004
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Note to self. Big numbers mean its universally applicable. so pick easy numbers like 100 and go ahead with the problem and would end up with the same result.



VP
Joined: 22 Aug 2005
Posts: 1094
Location: CA

I will aproximate to
D. 15%
let total vote cast is x
0.4 x = 942,568
or
x = 23564200
if he had to get 50% he need another 10%
0.1 x = 2356420
remaining votes:
0.6 x = 14138520
2356420 / 14138520



Senior Manager
Joined: 02 Oct 2005
Posts: 297

Let me try a simpler one.
Lets assume that candidate got 40% votes and total votes is 100.
Candidate won = 40
Remaining = 60
To get 50%, candidate requires 10 votes from 100 which is 10% and 10 votes from 60.
10/60 = 1/6 = .166 = 16.67%
Which is approx 17%. Hence the answer is D.
Whatz OA?



VP
Joined: 22 Aug 2005
Posts: 1094
Location: CA

sudhagar wrote: Let me try a simpler one.
Lets assume that candidate got 40% votes and total votes is 100. Candidate won = 40 Remaining = 60
To get 50%, candidate requires 10 votes from 100 which is 10% and 10 votes from 60.
10/60 = 1/6 = .166 = 16.67%
Which is approx 17%. Hence the answer is D.
Whatz OA?
Right. Its D.
Good explanation. It doesnt matter what are the actual numbers as we are dealing with %ge only.



GMAT Club Legend
Joined: 07 Jul 2004
Posts: 4971
Location: Singapore

Kramer received 40% of the votes, so 60% = (60/40)(942568) = (3/2)(942568)
Replace 942568 with T.
He needs 50% so (5/4)(T)
Difference = 3/2T  5/4T = 1/4T
% = (1/4T)/(3/2T) *100% = 16.66% ~ 17% (D)



VP
Joined: 20 Sep 2005
Posts: 1007

Re: Need help with problem please, Thanks! [#permalink]
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18 Feb 2006, 19:49
Kramer ( Cosmo ? ) has 40 %. He needs 5040 = 10 % of the remaining ( 60%) votes to win at least 50 % of all the votes cast.
Thus, the percentage of the remaining votes = (10/60)*100 = 16.66 %.
Dumpling wrote: Mr. Kramer, the losing candidate, in a two candidate election, received 942,568 votes, which was exactly 40 percent of all the votes cast. Approximately what percent of the remaining votes would he need to have received in order to have won at least 50 percent of all the votes cast?
A)10% B)12% C) 15% D) 17% E)20%
Answer is D, but somehow i'm not using the write numbers or I'm rounding wrong or something cause I can't get it. Thanks for the help!
Dumpling




Re: Need help with problem please, Thanks!
[#permalink]
18 Feb 2006, 19:49



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