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In 1980, approximately what fraction of the cost to the consumer for

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In 1980, approximately what fraction of the cost to the consumer for [#permalink] New post   Updated on: 27 Sep 2017, 00:10
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In 1980, approximately what fraction of the cost to the consumer for the production of 6 ounces of frozen orange juice went to the farmer?

(A) 3/11
(B) 1/3
(C) 4/9
(D) 5/9
(E) 3/5


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C

Originally posted by boomtangboy on 07 Apr 2012, 20:41.
Last edited by Bunuel on 27 Sep 2017, 00:10, edited 4 times in total.
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Re: In 1980, approximately what fraction of the cost to the consumer for [#permalink] New post   08 Apr 2012, 01:29
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boomtangboy wrote:

In 1980, approximately what fraction of the cost to the consumer for the production of 6 ounces of frozen orange juice went to the farmer?

(A) 3/11
(B) 1/3
(C) 4/9
(D) 5/9
(E) 3/5


Since we are dealing with percents only no need to use $0.7 at all.

In 1980 44.4% of the cost to the consumer went to the farmer. Now, 44.4% is a little less than 1/2, so the answer must be 4/9 (basically the questions asks to transform 44.4% into a fraction).

Answer: C.
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Re: In 1980, approximately what fraction of the cost to the consumer for [#permalink] New post   05 Feb 2013, 15:17
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boomtangboy wrote:
In 1980, approximately what fraction of the cost to the consumer for the production of 6 ounces of frozen orange juice went to the farmer?

(A) 3/11
(B) 1/3
(C) 4/9
(D) 5/9
(E) 3/5
Attachment:
The cost to the consumer.png


It can help to memorize basic fraction conversions for situations just like this. For instance:

Since 1/9 = 0.111 = 11.1% ==> 4/9 = 0.444 = 44.4% went to the Farmer.

Therefore, C is the correct choice. 4/9
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Re: In 1980, approximately what fraction of the cost to the consumer for [#permalink] New post   07 Apr 2012, 23:04
In 1980,

100 % = $0.7
thus, 44.4 % = (0.7 / 100)* 44.4 ( < 0.5)

Hence only B and C prevail.

Since C is closer to 0.5 than B (0.333) hence C it is.
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Re: In 1980, approximately what fraction of the cost to the consumer for [#permalink] New post   18 Jun 2013, 01:42
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Bumping for review and further discussion*. Get a kudos point for an alternative solution!

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In 1980, approximately what fraction of the cost to the consumer for [#permalink] New post   24 Aug 2017, 16:08
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boomtangboy wrote:


In 1980, approximately what fraction of the cost to the consumer for the production of 6 ounces of frozen orange juice went to the farmer?

(A) 3/11
(B) 1/3
(C) 4/9
(D) 5/9
(E) 3/5


44.4 percent is about 44/100, which is about 44/99 or 4/9.

Answer: C
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Re: In 1980, approximately what fraction of the cost to the consumer for [#permalink] New post   23 May 2020, 11:14
44.4 % = 444/1000 ~ 444/ 999 (approx) = 4/9
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In 1980, approximately what fraction of the cost to the consumer for [#permalink] New post   07 Jan 2022, 02:14
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This is a just a big question with easy answer. GMAT is simply testing our mental inertia. If you know the basic fractions byheart, this answer can be solved in a jiffy. Remember that 1/9 is 11.11%, thus 4/9 is 44.44%, thus closest option is 4/9.
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Re: In 1980, approximately what fraction of the cost to the consumer for [#permalink] New post   14 Mar 2024, 10:35
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Re: In 1980, approximately what fraction of the cost to the consumer for [#permalink]
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