Last visit was: 26 Apr 2026, 08:59 It is currently 26 Apr 2026, 08:59
Home
Messages
Tests
Schools
Events
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.
Go to My Error Log Learn more
Close
Request Expert Reply
Confirm Cancel
Back to Forum
Create Topic
User avatar
Bunuel
User avatar
Math Expert
Joined: 02 Sep 2009
Last visit: 26 Apr 2026
Posts: 109,837
Own Kudos:
811,398
Given Kudos: 105,896
Products:
GMAT Club Tests Forum Quiz
Expert
Expert reply
Active GMAT Club Expert! Tag them with @ followed by their username for a faster response.
Posts: 109,837
Kudos: 811,398
A company got 1/3 of its revenue last quarter from foreign clients. Of 13 Apr 2018, 03:05
Kudos
Add Kudos
Bookmarks
Bookmark this Post
00:00
Start Timer
Pause Timer
Resume Timer
Show Answer
Hide
Show
History
D
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!

Difficulty:

5% (low)

Question Stats:

92% (01:18) correct 8% (01:51) wrong based on 115 sessions

History

Date
Time
Result
Not Attempted Yet
A company got 1/3 of its revenue last quarter from foreign clients. Of the remaining revenue, they received one-fourth of their revenue from out-of-state clients and the rest from in-state clients. What percent of revenue came from in-state clients?

A. 17
B. 25
C. 42
D. 50
E. 75
ShowHide Answer
Official Answer
D
User avatar
houston1980
User avatar
Joined: 30 May 2017
Last visit: 13 Dec 2025
Posts: 226
Own Kudos:
2,297
Given Kudos: 2,274
Location: United States
Schools: HBS '22
GMAT 1: 690 Q50 V33
GRE 1: Q168 V164
GPA: 3.57
Schools: HBS '22
GMAT 1: 690 Q50 V33
GRE 1: Q168 V164
Posts: 226
Kudos: 2,297
A company got 1/3 of its revenue last quarter from foreign clients. Of 13 Apr 2018, 04:09
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Bunuel
A company got 1/3 of its revenue last quarter from foreign clients. Of the remaining revenue, they received one-fourth of their revenue from out-of-state clients and the rest from in-state clients. What percent of revenue came from in-state clients?

A. 17
B. 25
C. 42
D. 50
E. 75
Show more

Choose total revenue to be a convenient number such as 90.

1/3 of its revenue (90) last quarter from foreign clients =30.

one-fourth of their revenue from out-of-state clients = 1/4 * 60 =15


In state clients revenue = 90 - (15+30) = 45. 45 is 50% of 90.

Hence option D= 50 is the answer.
avatar
palitoet
avatar
Joined: 06 Apr 2018
Last visit: 15 May 2018
Posts: 5
Own Kudos:
1
Given Kudos: 20
Posts: 5
Kudos: 1
A company got 1/3 of its revenue last quarter from foreign clients. Of 22 Apr 2018, 04:43
Kudos
Add Kudos
Bookmarks
Bookmark this Post
(1) Remaining revenue is 1- (1/3) = 2/3

(2) 'Out of State' is 1/4 of the remaing revenue so 'In-State' is 1- (1/4) = 3/4

(3) (2/3) * (3/4) = 1/2 = 50%
User avatar
generis
User avatar
Senior SC Moderator
Joined: 22 May 2016
Last visit: 18 Jun 2022
Posts: 5,258
Own Kudos:
37,730
Given Kudos: 9,464
Expert
Expert reply
Posts: 5,258
Kudos: 37,730
A company got 1/3 of its revenue last quarter from foreign clients. Of 22 Apr 2018, 08:01
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Bunuel
A company got 1/3 of its revenue last quarter from foreign clients. Of the remaining revenue, they received one-fourth of their revenue from out-of-state clients and the rest from in-state clients. What percent of revenue came from in-state clients?

A. 17
B. 25
C. 42
D. 50
E. 75
Show more
Let total revenue, R = $12
(LCM of the fractions' denominators)

1) 1/3 of R from foreign investors:
1/3 of $12 = $4
$(12 - 4) = $8 remain

2) 1/4 of remaining R from out-of-state investors:
1/4 of $8 = $2
$(8 - 2) = $6 remain

3) The rest [of R] from in-state investors = $6

Percent of revenue from in-state clients:
\(\frac{InStateR}{TotalR}=\frac{$6}{$12}=.50*100=50\) percent

Answer D
User avatar
akadiyan
User avatar
Retired Moderator
Joined: 31 May 2017
Last visit: 20 Jun 2025
Posts: 724
Own Kudos:
706
Given Kudos: 53
Concentration: Technology, Strategy
Schools: IIMA PGPX'23 Bayes Said '23
Products:
My Reviews
Schools: IIMA PGPX'23 Bayes Said '23
Posts: 724
Kudos: 706
A company got 1/3 of its revenue last quarter from foreign clients. Of 22 Apr 2018, 08:40
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Lets take total revenue as 12.

1/3 of client is foreign- 4 clients
1/4 of remaining is out of state - 2
Remaining is in state clients = 12-(4+2) = 6

6 is 50% of 12.

Ans D

Posted from my mobile device

Posted from my mobile device
User avatar
push12345
User avatar
Joined: 02 Oct 2017
Last visit: 10 Feb 2019
Posts: 534
Own Kudos:
549
Given Kudos: 14
Posts: 534
Kudos: 549
A company got 1/3 of its revenue last quarter from foreign clients. Of 28 Apr 2018, 17:51
Kudos
Add Kudos
Bookmarks
Bookmark this Post
(2/3)*(3/4)=1/2
Means 50 percent

Posted from my mobile device
Moderators:
Bunuel
Math Expert
109837 posts
Krunaal
Tuck School Moderator
852 posts