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With respect to the division whose percent of total income

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carcass
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With respect to the division whose percent of total income [#permalink] New post  18 Mar 2012, 04:57
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With respect to the division whose percent of total income exceeded its percent of total expenses by the greatest amount among the four divisions, by approximately what amount did the division's income exceed its own expenses ?

A. $ 69,000
B. $ 90,000
C. $ 150,000
D. $ 185,000
E. $ 240,000
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Bunuel
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Re: With respect to the division whose percent of total income [#permalink] New post  18 Mar 2012, 05:28
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carcass wrote:
With respect to the division whose percent of total income exceeded its percent of total expenses by the greatest amount among the four divisions, by approximately what amount did the division's income exceed its own expenses ?

A. $ 69,000
B. $ 90,000
C. $ 150,000
D. $ 185,000
E. $ 240,000


Division A's percent of total income exceeded its percent of total expenses by 38%-35%=3%;
Division B's percent of total income did not exceeded its percent of total expenses, 12%-26%=-14%;
Division C's percent of total income exceeded its percent of total expenses by 20%-14%=6%;
Division D's percent of total income exceeded its percent of total expenses by 30%-25%=5%;

Since division C's difference is the greatest then we should calculate the amount of this difference in $: 0.20*1,560,000-0.14*495,000=~240,000.

Answer: E.
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Re: With respect to the division whose percent of total income [#permalink] New post  18 Mar 2012, 05:40
Thanks .....

I resolve it after 2 minutes........for this particular problem is good (on average) or is too long ??

what is your thought ???
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Re: With respect to the division whose percent of total income [#permalink] New post  18 Mar 2012, 05:50
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carcass wrote:
Thanks .....

I resolve it after 2 minutes........for this particular problem is good (on average) or is too long ??

what is your thought ???


Since this problem has quite confusing wording and after you get through it you should calculate approximate value of 0.20*1,560,000-0.14*495,000=~0.20*1,600,000-0.15*500,000=320,000-75,000=245,000 then I'd say that 2 minutes is not that long, after all.
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Re: With respect to the division whose percent of total income [#permalink] New post  18 Jun 2013, 01:41
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Bumping for review and further discussion*. Get a kudos point for an alternative solution!

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Re: With respect to the division whose percent of total income [#permalink] New post  24 Jun 2013, 21:09
Bunuel wrote:
carcass wrote:
Thanks .....

I resolve it after 2 minutes........for this particular problem is good (on average) or is too long ??

what is your thought ???


Since this problem has quite confusing wording and after you get through it you should calculate approximate value of 0.20*1,560,000-0.14*495,000=~0.20*1,600,000-0.15*500,000=320,000-75,000=245,000 then I'd say that 2 minutes is not that long, after all.


It took me 3:05 mins.
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Re: With respect to the division whose percent of total income [#permalink] New post  10 Oct 2016, 07:23
the wording of the question is way too confusing...really..i solved incorrectly just because of that...
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Re: With respect to the division whose percent of total income [#permalink] New post  07 Mar 2020, 08:45
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Official Explanation

Step 1: This is a complex question. First, you need to compare profitability among the four divisions. You can rule out Division B, since its percent of total expenses exceeded its percent of total income. That leaves Divisions A, C, and D.

Step 2: For Divisions A, C, and D, compare percent of income and percent of expenses:

Division A: 38% of total income and 35% of total expenses (3% difference)
Division C: 20% of total income and 14% of total expenses (6% difference)
Division D: 30% of total income and 25% of total expenses (5% difference)

For Division C, (20%) ($1,560,000) 2 (14%) ($495,000) 5 $242,700.

Step 3: Answer choice (E), $240,000, is the only one close to our approximation, so the correct answer is (E).
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Re: With respect to the division whose percent of total income [#permalink] New post  17 Mar 2024, 00:27
Hello from the GMAT Club BumpBot!

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).

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Re: With respect to the division whose percent of total income [#permalink]
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