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

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by BTGmoderatorDC » Thu Aug 27, 2020 6:14 pm

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Answers

A

B

C

D

E

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2018-01-25_1050.png
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%


OA D

Source: Magoosh
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Re: Investments and Subsidiary revenues combined constitute what percent of total revenue?

by dg1900 » Fri Aug 28, 2020 12:56 am
Investment revenue = 53
Subsidaryies revenue = 246
Total Revenue = 1052

Investment and Subsidaries combined as a percentage of total revenue can be given as:
$$\frac{53+246}{1052}\cdot100=\frac{299}{1052}\cdot100$$
In the GMAT we do not need exact answers, we need to find the closest possible estimate in very less time so we simplify as:
$$\frac{299}{1052}\cdot100\ \approx\frac{300}{1000}\cdot100=30\%$$
28.4% is very close to 30% therfeore that is our answer.
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