GMAT Question of the Day - Daily to your Mailbox; hard ones only

It is currently 14 Oct 2019, 04:44

Close

GMAT Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Close

Request Expert Reply

Confirm Cancel

The following tables show the revenues and costs, in thousands of

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
TAGS:

Hide Tags

Find Similar Topics 
Math Expert
User avatar
V
Joined: 02 Sep 2009
Posts: 58315
The following tables show the revenues and costs, in thousands of  [#permalink]

Show Tags

New post 24 Jan 2018, 23:55
00:00
A
B
C
D
E

Difficulty:

  35% (medium)

Question Stats:

81% (01:12) correct 19% (01:35) wrong based on 42 sessions

HideShow timer Statistics

Senior PS Moderator
User avatar
V
Joined: 26 Feb 2016
Posts: 3333
Location: India
GPA: 3.12
Re: The following tables show the revenues and costs, in thousands of  [#permalink]

Show Tags

New post 25 Jan 2018, 02:05
Bunuel wrote:
The following tables show the revenues and costs, in thousands of dollars, for a small company in the year 2007.

Image

Investments and Subsidiary revenues combined constitute what percent of total revenue?

A. 5.0%
B. 14.2%
C. 22.6%
D. 28.4%
E. 39.9%


The percentage that the investment and subsidiary revenues combined
to the total is \(\frac{246+53}{1052} * 100 = \frac{299}{1052}*100\)

Approximations work best for these kind of problems
This is approximately \(\frac{300}{1050}*100 = \frac{6}{21}*100\) which is around 30%! The closest answer is Option D(28.4%)

_________________
You've got what it takes, but it will take everything you've got
Veritas Prep GMAT Instructor
User avatar
V
Joined: 16 Oct 2010
Posts: 9699
Location: Pune, India
Re: The following tables show the revenues and costs, in thousands of  [#permalink]

Show Tags

New post 25 Jan 2018, 04:47
Bunuel wrote:
The following tables show the revenues and costs, in thousands of dollars, for a small company in the year 2007.

Image

Investments and Subsidiary revenues combined constitute what percent of total revenue?

A. 5.0%
B. 14.2%
C. 22.6%
D. 28.4%
E. 39.9%


Note that Investments+Subsidiary is a bit less than 300 while total is a bit more than 1000.
So they make up a bit less than 30%.
Answer (D)
_________________
Karishma
Veritas Prep GMAT Instructor

Learn more about how Veritas Prep can help you achieve a great GMAT score by checking out their GMAT Prep Options >
Target Test Prep Representative
User avatar
G
Status: Head GMAT Instructor
Affiliations: Target Test Prep
Joined: 04 Mar 2011
Posts: 2817
Re: The following tables show the revenues and costs, in thousands of  [#permalink]

Show Tags

New post 29 Jan 2018, 10:37
Bunuel wrote:
The following tables show the revenues and costs, in thousands of dollars, for a small company in the year 2007.

Image

Investments and Subsidiary revenues combined constitute what percent of total revenue?

A. 5.0%
B. 14.2%
C. 22.6%
D. 28.4%
E. 39.9%


Total revenue is 753 + 53 + 246 =1052.

Investments and subsidiaries is 53 + 246 = 299 or about 300.

So Investments and Subsidiary revenues combined constitute 299/1052 = 0.284, or 28.4% of total revenue.

Answer: D
_________________

Jeffrey Miller

Head of GMAT Instruction

Jeff@TargetTestPrep.com
TTP - Target Test Prep Logo
122 Reviews

5-star rated online GMAT quant
self study course

See why Target Test Prep is the top rated GMAT quant course on GMAT Club. Read Our Reviews

If you find one of my posts helpful, please take a moment to click on the "Kudos" button.

GMAT Club Bot
Re: The following tables show the revenues and costs, in thousands of   [#permalink] 29 Jan 2018, 10:37
Display posts from previous: Sort by

The following tables show the revenues and costs, in thousands of

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  





Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne