Last visit was: 14 Jul 2025, 15:10 It is currently 14 Jul 2025, 15:10
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
User avatar
Sajjad1994
User avatar
GRE Forum Moderator
Joined: 02 Nov 2016
Last visit: 14 Jul 2025
Posts: 15,838
Own Kudos:
46,422
 [15]
Given Kudos: 6,083
GPA: 3.62
Posts: 15,838
Kudos: 46,422
 [15]
1
Kudos
Add Kudos
14
Bookmarks
Bookmark this Post
User avatar
Apt0810
Joined: 15 Jul 2018
Last visit: 24 Oct 2020
Posts: 336
Own Kudos:
576
 [1]
Given Kudos: 94
Posts: 336
Kudos: 576
 [1]
1
Kudos
Add Kudos
Bookmarks
Bookmark this Post
User avatar
Brucewayne00726
Joined: 28 Nov 2018
Last visit: 31 Mar 2023
Posts: 53
Own Kudos:
24
 [1]
Given Kudos: 115
Location: India
GMAT 1: 680 Q49 V34
GMAT 2: 700 Q49 V35
GPA: 3.33
GMAT 2: 700 Q49 V35
Posts: 53
Kudos: 24
 [1]
1
Kudos
Add Kudos
Bookmarks
Bookmark this Post
User avatar
Sajjad1994
User avatar
GRE Forum Moderator
Joined: 02 Nov 2016
Last visit: 14 Jul 2025
Posts: 15,838
Own Kudos:
46,422
 [2]
Given Kudos: 6,083
GPA: 3.62
Posts: 15,838
Kudos: 46,422
 [2]
1
Kudos
Add Kudos
1
Bookmarks
Bookmark this Post
Brucewayne00726
chetan2u SajjadAhmad

Can anyone explain in detail how to solve this question?

Official Explanation

(1) Understand the prompt, and (2) understand the question. Take real time to do so here, since you have complex data and a statement that is worded in a cumbersome way. Now, as you consider your approach, it may seem as if the answer to this question is No. How can you prove such a statement? All we know about performance plastics is that Company X has 26% of the U.S. market and 30% of the world market, and that both positions are #1 (meaning that no other company has a larger share of either market). Well, lets play “devils advocate” and try to poke a hole in the statement.

Imagine that the statement is false. That is, there is no other country in which X s share is greater than it is in the U.S. So in every other country, X s share of the market is 26% or less. Everywhere in the world, including in the U.S., Company X is making only 26% or less of the revenues that are being made on performance plastics.

Then how can X ’s share of the world market be 30%?

It can’t be!

If Company X ’s global market share is 30%, but its market share in the U.S. is lower than 30%, then somewhere else, its market share must be higher than 30%. You can think of weighted averages. Company X s global market share is the weighted average of its market shares in all countries. For 30% to be the weighted average of 26% and a bunch of other numbers, at least one of those other numbers must be greater than 30%.

Thus, the statement must be true. The answer is Yes.
User avatar
taru23
User avatar
Current Student
Joined: 12 Dec 2020
Last visit: 05 Jun 2024
Posts: 12
Own Kudos:
2
 [1]
Given Kudos: 2
Location: India
GRE 1: Q163 V160
GRE 1: Q163 V160
Posts: 12
Kudos: 2
 [1]
1
Kudos
Add Kudos
Bookmarks
Bookmark this Post
What if the market share is less than 26% in multiple countries..like say 8% in Country A, 9% Country B, etc. This would add up to the remaining 74% left after deducting U.S.

I imagine 30% here refers to a piece of the global pie (100%). And of that 30% pie, 26% is the U.S. slice.

Is there something wrong with my understanding?
User avatar
NoviceBoy
Joined: 31 Jul 2023
Last visit: 17 Sep 2024
Posts: 16
Own Kudos:
Given Kudos: 73
Posts: 16
Kudos: 278
Kudos
Add Kudos
Bookmarks
Bookmark this Post
I have same question as taru23. Can someone help please? Sajjad1994 Bunuel
User avatar
Sajjad1994
User avatar
GRE Forum Moderator
Joined: 02 Nov 2016
Last visit: 14 Jul 2025
Posts: 15,838
Own Kudos:
Given Kudos: 6,083
GPA: 3.62
Posts: 15,838
Kudos: 46,422
Kudos
Add Kudos
Bookmarks
Bookmark this Post
NoviceBoy
I have same question as taru23. Can someone help please? Sajjad1994 Bunuel

1. I did not understand your question please elaborate.

2. The official explanation is posted you can read it for further reference: https://gmatclub.com/forum/the-table-be ... l#p2516659

3. While asking question please mention the statement you are asking for.

Cheers.
User avatar
NoviceBoy
Joined: 31 Jul 2023
Last visit: 17 Sep 2024
Posts: 16
Own Kudos:
Given Kudos: 73
Posts: 16
Kudos: 278
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Hii Sajjad1994 My question is same as the person named Taru who asked it in the comments before. Sorry I should have quoted her!!

My question is -
"What if the market share is less than 26% in multiple countries..like say 8% in Country A, 9% Country B, etc. This would add up to the remaining 74% left after deducting U.S.

I imagine 30% here refers to a piece of the global pie (100%). And of that 30% pie, 26% is the U.S. slice.

Is there something wrong with my understanding?"
User avatar
Sajjad1994
User avatar
GRE Forum Moderator
Joined: 02 Nov 2016
Last visit: 14 Jul 2025
Posts: 15,838
Own Kudos:
Given Kudos: 6,083
GPA: 3.62
Posts: 15,838
Kudos: 46,422
Kudos
Add Kudos
Bookmarks
Bookmark this Post
NoviceBoy
Hii Sajjad1994 My question is same as the person named Taru who asked it in the comments before. Sorry I should have quoted her!!

My question is -
"What if the market share is less than 26% in multiple countries..like say 8% in Country A, 9% Country B, etc. This would add up to the remaining 74% left after deducting U.S.

I imagine 30% here refers to a piece of the global pie (100%). And of that 30% pie, 26% is the U.S. slice.

Is there something wrong with my understanding?"

Hi NoviceBoy

Maybe this statement is beyond my comprehension, but it is utterly confusing and debatable and can better be rephrased as: "There must be at least one other country in which Company X has a percentage of the performance plastics market apart from the US".

Otherwise your concern is 100% valid. It is not necessary that the company x have a greater percentage of the performance plastics market.
User avatar
Catman
Joined: 03 Aug 2017
Last visit: 12 Feb 2025
Posts: 322
Own Kudos:
Given Kudos: 219
Products:
Posts: 322
Kudos: 322
Kudos
Add Kudos
Bookmarks
Bookmark this Post
All Yes.
1. & 4. Let Total Global Market share for Performance Plastic division = $20,000.
Let Total U.S. Market Share for Performance Plastic Division = $10,000.

(The Global market share is always greater than The U.S. Market share. )

Performance Plastic sales of company X in U.S. is (26% OF $10,000) = $2,600 .(This is ranked 1st in the US Market, so no other company can have sales more than this amount in the U.S Market)
Performance Plastic sales of company X in Global market is (30% OF $20,000) = $6,000( This is ranked 1st in the Global Market, so no other company can have sales more than this amount in the Global market).

Now, when we compare the sale of the U.S. and Global market.
Company X has sale of $2,600 in U.S. Market and ranked 1st.
Company X has sale of $6,000 in Global Market and ranked 1st.

So, definitely in some other market (outside the U.S Market) Company X has sales of $6,000 (30%) and ranked 1st. (which is greater than the sales done in the U.S Market $2,600 (26%))

2. When sorting the data from lower to higher, we get the positive corelation in betweeen the U.S. Market Share and Global Market Share.

3. Healthcare & Medical is the division of Company X which is the median of Company X’s five divisions by both U.S. market rank and global market rank.
User avatar
jnxci
Joined: 29 Nov 2018
Last visit: 14 Jul 2025
Posts: 37
Own Kudos:
Given Kudos: 307
Posts: 37
Kudos: 17
Kudos
Add Kudos
Bookmarks
Bookmark this Post
I agree with your thinking. I believe that "IT MAY OR MAY NOT BE TRUE" for the third statement, so I would say it can't be proved true based on the information provided by the table. However, if we are given further information about the relative relationship (ratio) of the total US market purchases to the total global purchases (of the same category product), we can draw the inference. You can try to prove this with test cases

taru23
What if the market share is less than 26% in multiple countries..like say 8% in Country A, 9% Country B, etc. This would add up to the remaining 74% left after deducting U.S.

I imagine 30% here refers to a piece of the global pie (100%). And of that 30% pie, 26% is the U.S. slice.

Is there something wrong with my understanding?
User avatar
SonyaThaoDuong
Joined: 25 Aug 2024
Last visit: 27 Feb 2025
Posts: 2
Posts: 2
Kudos: 0
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Let’s say the total of Plastic in the US is A -> U.S market share of Company X is 26%A.

Then the total of Plastic of the rest of the world is (1-A). Call the rest of the world market share of Company X is X.

Now we have:

26A + X(1-A) = 30
=> (X - 26) A + X = 30
=> X > 26

=> “There is at least one other country in which Company X has a greater percentage of the performance plastics market, as a percentage of 2011 sales, than it has of the performance plastics market in the U.S” - TRUE
User avatar
SonyaThaoDuong
Joined: 25 Aug 2024
Last visit: 27 Feb 2025
Posts: 2
Posts: 2
Kudos: 0
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Let’s say I am dividing my pizza into A1, A2, A3,... part.

For each part, I take 26%.
=> then the total I take is 26% of the pizza

But no, I want to take 30% in total
=> so I have to take out >26% of somewhere..

=> There is at least one other country (pizza part) in which Company X has a greater percentage of the performance plastics market, as a percentage of 2011 sales, than it has of the performance plastics market in the U.S. => TRUEEE
Moderator:
Math Expert
102570 posts