It is currently 17 Jan 2018, 02:44

### 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

# Events & Promotions

###### Events & Promotions in June
Open Detailed Calendar

# The percentage of households with an annual income of more

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

### Hide Tags

Non-Human User
Joined: 01 Oct 2013
Posts: 10263

Kudos [?]: 287 [0], given: 0

Re: The percentage of households with an annual income of more [#permalink]

### Show Tags

17 Nov 2015, 06:01
Hello from the GMAT Club VerbalBot!

Thanks to another GMAT Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).

Want to see all other topics I dig out? Follow me (click follow button on profile). You will receive a summary of all topics I bump in your profile area as well as via email.

Kudos [?]: 287 [0], given: 0

Non-Human User
Joined: 01 Oct 2013
Posts: 10263

Kudos [?]: 287 [0], given: 0

Re: The percentage of households with an annual income of more [#permalink]

### Show Tags

31 Aug 2016, 06:32
Hello from the GMAT Club VerbalBot!

Thanks to another GMAT Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).

Want to see all other topics I dig out? Follow me (click follow button on profile). You will receive a summary of all topics I bump in your profile area as well as via email.

Kudos [?]: 287 [0], given: 0

Manager
Joined: 28 Jun 2015
Posts: 93

Kudos [?]: 9 [0], given: 119

Location: Australia
The percentage of households with an annual income of more [#permalink]

### Show Tags

10 Jan 2017, 14:49
To keep things simple, Population for both = 100
I'll explain the most Restrictive scenario

S County
Population 100
# Of Household greater than or equal to 60K = 10
# Of Household Between 40K to 60K = 0

% above 40K = 10% AND % above 60K = 10%
None between 40 to 60 range but still satisfies conditions

M County
Population 100
# Of Household greater than or equal to 60K = 9
# Of Household Between 40K to 60K = 2

% above 40K = 11% BUT % above 60K = 9%
Some has to be in that 40 to 60 range, otherwise wont satisfy condition

Hence C is the Ans

Last edited by TheRzS on 28 Mar 2017, 01:01, edited 1 time in total.

Kudos [?]: 9 [0], given: 119

Manager
Joined: 30 Jun 2015
Posts: 66

Kudos [?]: 2 [0], given: 88

Re: The percentage of households with an annual income of more [#permalink]

### Show Tags

26 Jan 2017, 18:57
The whole goal is the confusion of %age vs numbers.. You can't assume both counties have the same total no of households. If that were the case, the answer would be an obvious D.

Here is a scenario:

Answer is C.

There have to be some households that have incomes between 40K and 60K

TheRzS wrote:
To keep things simple, Population for both = 100
I'll explain the most Restrictive scenario

S County
Population 100
# Of Household greater than or equal to 60K = 10
# Of Household Between 40K to 60K = 0

% above 40K = 10% AND % above 60K = 10%
None between 40 to 60 range but still satisfies conditions

M County
Population 100
# Of Household greater than or equal to 60K = 9
# Of Household Between 40K to 60K = 2

% above 40K = 11% BUT % above 60K = 9%
Some has to be in that 40 to 60 range, otherwise wont satisfy condition

Hence B is the Ans

Kudos [?]: 2 [0], given: 88

Intern
Joined: 23 Jul 2017
Posts: 2

Kudos [?]: 0 [0], given: 3

Re: The percentage of households with an annual income of more [#permalink]

### Show Tags

25 Jul 2017, 03:53
tyagigar wrote:
nhanqtvn wrote:
B is the correct answer! I met it in the OG 13th and Im sure that the correct one is B, NOT C

everyone is saying the answer is B but when i marked B as my answer the system gave C as the right one.
Can anyone check on this
[/URL]

Check the correct answer by the statement and not just by the correct answer tagging A/B/C/D/E.

Correct answer is : Some households in Merton County have an annual income between \$40,000 and \$60,000. (Regardless of whatever tagging has been made to the answer choice - A/B/C/D/E.

Sent from my SM-T111 using GMAT Club Forum mobile app

Kudos [?]: 0 [0], given: 3

SVP
Joined: 12 Dec 2016
Posts: 1860

Kudos [?]: 167 [0], given: 2406

Location: United States
GMAT 1: 700 Q49 V33
GPA: 3.64
Re: The percentage of households with an annual income of more [#permalink]

### Show Tags

09 Sep 2017, 12:40
this is a common pattern in gmat, test takers should know this, also, this pattern is relating to percentage and numbers, but the right answer turns out to connect with sth else.

Kudos [?]: 167 [0], given: 2406

Intern
Joined: 07 Sep 2017
Posts: 29

Kudos [?]: 11 [0], given: 6

Re: The percentage of households with an annual income of more [#permalink]

### Show Tags

18 Oct 2017, 00:15
Scenario:

Merton has 1 person who earns \$1 per year and 6 people who earn \$61,000 per year.
% = 85.8

Sommer has 1 person who earns \$1 per year and 10 people who earn \$61,000 per year.
% = 90.9

Now how is option C valid?

Kudos [?]: 11 [0], given: 6

Manager
Joined: 31 Jul 2017
Posts: 170

Kudos [?]: 72 [0], given: 74

Location: United States
Concentration: Finance, Economics
GPA: 3.32
Re: The percentage of households with an annual income of more [#permalink]

### Show Tags

28 Oct 2017, 05:58
dejavu619 wrote:
Scenario:

Merton has 1 person who earns \$1 per year and 6 people who earn \$61,000 per year.
% = 85.8

Sommer has 1 person who earns \$1 per year and 10 people who earn \$61,000 per year.
% = 90.9

Now how is option C valid?

Hi dejavu619,

You missed a key portion of the argument. The question stem states that Merton county has the highest percentage of households with an income greater than \$40,000. If you account for this in your equation above, you will see C to be the answer.

To do the math: Merton has the highest % of households with 40,000 + income; Sommer has greatest % of 60,000 + income. Given this, we can safely show that SOME (even 1) have an income greater than 40,000, but less than 60,000 in Merton.

Does this help?
_________________

D-Day: November 18th, 2017

Kudos [?]: 72 [0], given: 74

Intern
Joined: 07 Sep 2017
Posts: 29

Kudos [?]: 11 [0], given: 6

Re: The percentage of households with an annual income of more [#permalink]

### Show Tags

28 Oct 2017, 21:43
nightblade354 wrote:
dejavu619 wrote:
Scenario:

Merton has 1 person who earns \$1 per year and 6 people who earn \$61,000 per year.
% = 85.8

Sommer has 1 person who earns \$1 per year and 10 people who earn \$61,000 per year.
% = 90.9

Now how is option C valid?

Hi dejavu619,

You missed a key portion of the argument. The question stem states that Merton county has the highest percentage of households with an income greater than \$40,000. If you account for this in your equation above, you will see C to be the answer.

To do the math: Merton has the highest % of households with 40,000 + income; Sommer has greatest % of 60,000 + income. Given this, we can safely show that SOME (even 1) have an income greater than 40,000, but less than 60,000 in Merton.

Does this help?

The scenario I have posted doesn't prevent Merton from having the highest % of households with 40,000+ income. There doesn't need to be anyone between 40k - 60k for Merton to have the highest % of households with 40,000+ income.

Kudos [?]: 11 [0], given: 6

Manager
Joined: 31 Jul 2017
Posts: 170

Kudos [?]: 72 [0], given: 74

Location: United States
Concentration: Finance, Economics
GPA: 3.32
The percentage of households with an annual income of more [#permalink]

### Show Tags

29 Oct 2017, 05:43
dejavu619,

The percentage of households with an annual income of more than \$40,000 is higher in Merton County than in any other county. However, the percentage of households with an annual income of \$60,000 or more is higher in Sommer County.

Where do you address the first line? According to your math, only Sommer county has a higher average of \$60,000 + residents. How do you account for the greater percentage of \$40,000 residents in Merton? Your math only accounts for one of the premises, but not both together.

Does this help?
_________________

D-Day: November 18th, 2017

Kudos [?]: 72 [0], given: 74

Intern
Joined: 07 Sep 2017
Posts: 29

Kudos [?]: 11 [0], given: 6

Re: The percentage of households with an annual income of more [#permalink]

### Show Tags

29 Oct 2017, 07:43
nightblade354 wrote:
dejavu619,

How do you account for the greater percentage of \$40,000 residents in Merton?

A country can have highest % of people earning more than \$40,000 without having any citizens between 40k-60k. For instance, \$66,000 comes under the "higher than \$40,000" category (as well as higher than \$60,000 category), doesn't it?

Kudos [?]: 11 [0], given: 6

Manager
Joined: 31 Jul 2017
Posts: 170

Kudos [?]: 72 [0], given: 74

Location: United States
Concentration: Finance, Economics
GPA: 3.32
Re: The percentage of households with an annual income of more [#permalink]

### Show Tags

29 Oct 2017, 07:57
dejavu619 wrote:
nightblade354 wrote:
dejavu619,

How do you account for the greater percentage of \$40,000 residents in Merton?

A country can have highest % of people earning more than \$40,000 without having any citizens between 40k-60k. For instance, \$66,000 comes under the "higher than \$40,000" category (as well as higher than \$60,000 category), doesn't it?

It does, but your scenario only accounts for ONE of the premises. Both premises, under your scenario, cannot be true. You need someone in the 40-60k range to make your scenario fit the bill.

Your scenario:

Merton has 1 person who earns \$1 per year and 6 people who earn \$61,000 per year.
% = 85.8

Sommer has 1 person who earns \$1 per year and 10 people who earn \$61,000 per year.
% = 90.9

In your example, Sommer has a great percentage of people who make more than \$40,000. The premise states that Merton has the highest percentage. Do you see the difference? You only account for the second premise.

Does this help clarify any further?
_________________

D-Day: November 18th, 2017

Kudos [?]: 72 [0], given: 74

Intern
Joined: 07 Sep 2017
Posts: 29

Kudos [?]: 11 [0], given: 6

Re: The percentage of households with an annual income of more [#permalink]

### Show Tags

31 Oct 2017, 03:21
nightblade354 wrote:
dejavu619 wrote:
nightblade354 wrote:
dejavu619,

How do you account for the greater percentage of \$40,000 residents in Merton?

A country can have highest % of people earning more than \$40,000 without having any citizens between 40k-60k. For instance, \$66,000 comes under the "higher than \$40,000" category (as well as higher than \$60,000 category), doesn't it?

It does, but your scenario only accounts for ONE of the premises. Both premises, under your scenario, cannot be true. You need someone in the 40-60k range to make your scenario fit the bill.

Your scenario:

Merton has 1 person who earns \$1 per year and 6 people who earn \$61,000 per year.
% = 85.8

Sommer has 1 person who earns \$1 per year and 10 people who earn \$61,000 per year.
% = 90.9

In your example, Sommer has a great percentage of people who make more than \$40,000. The premise states that Merton has the highest percentage. Do you see the difference? You only account for the second premise.

Does this help clarify any further?

Yes, I realized my folly. Thanks a lot for your patience and explanation

Kudos [?]: 11 [0], given: 6

Manager
Joined: 31 Jul 2017
Posts: 170

Kudos [?]: 72 [0], given: 74

Location: United States
Concentration: Finance, Economics
GPA: 3.32
Re: The percentage of households with an annual income of more [#permalink]

### Show Tags

31 Oct 2017, 04:12
dejavu619,

No worries! The fact that you understand where you went wrong is an important part of learning. If you have any other questions, please let me know! Happy studying and Happy Halloween!
_________________

D-Day: November 18th, 2017

Kudos [?]: 72 [0], given: 74

Re: The percentage of households with an annual income of more   [#permalink] 31 Oct 2017, 04:12

Go to page   Previous    1   2   3   4   [ 74 posts ]

Display posts from previous: Sort by

# The percentage of households with an annual income of more

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

 Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.