Live GMAT classes with Target Test Prep start Nov 21 and Nov 22. First class free.

See classes
Target Test Prep · GMAT

Choose how you want to prepare

Learn live with an expert or move at your own pace. Every option includes the complete TTP study system.

Newsweek Readers’ Choice Awards 2026 winner: Target Test Prep, #1 Test Prep

Target Test Prep was voted #1 Best Test Prep in the 2026 Newsweek Readers’ Choice™ Awards.

★★★★★5.0563 reviews
GMATLiveTeachStarts Nov 22
Josh Braslow, Target Test Prep GMAT expert
LIVE ONLINE CLASSES

Get Ready for GMAT Test Day Faster with Live Online Classes

with Josh Braslow, 20+ years in test prep

Nov 22 · Josh Braslow
Sun · 9:30 AM to 12:30 PM ET
Included
40 hours of live online classes + 6 months of TTP OnDemand
  • Attend the first class for free
  • Every class is recorded, so you never fall behind
View classes & enroll
Limited seats availableTarget Test Prep
EALiveTeachOnDemandStart anytime
EXECUTIVE ASSESSMENT

Target Test Prep EA OnDemand

Self-paced EA prep. Study on your schedule.

EXECUTIVE ASSESSMENT

with

165+ EA score guarantee
$05-day trial no automatic billing
Schedule
Included
40 hours of live online classes plus six months of access to the complete TTP EA OnDemand course.
  • 165+ EA Score Guarantee
  • 4,100+ Quant, Verbal, and Integrated Reasoning practice questions
  • 400+ hours of in-depth video lessons
  • 3,000+ step-by-step video solutions
View EA class & enroll Start free 5-day trial
Limited cohort · enrollment openTrial includes full course accessTarget Test Prep
GMATOnDemandStart anytime
SELF-PACED MASTERCLASS

Target Test Prep GMAT OnDemand

Complete access from day one. Study on your schedule.

715+ score guarantee
$0to start then $127/mo
  • Personalized study plan and analytics
  • Thousands of lessons and practice questions
Start free 5-day trial
Read 563 reviewsTarget Test Prep

A total of 120 investment advisors work at a particular

Expert replies
Post new topic Post Reply
Subscribe topic
Previous Topic Next Topic
Moderator
Posts: 2650
Joined: Sun Oct 15, 2017 1:50 pmFollowed by: 6 members
by BTGmoderatorLU » Wed Oct 10, 2018 3:04 pm
Timer
00:00
Your answer
Difficulty–

right wrong

Pick an answer to see how members did

Source: Princeton Review

A total of 120 investment advisors work at a particular financial services firm, 30 in bonds and the rest in equities. Fifty percent of the investment advisors are board-certified. If one-third of the equities advisors are board-certified, how many bonds advisors are not board-certified?

A. 0
B. 10
C. 15
D. 20
E. 30

The OA is A.
Top
Join the discussion
Source: — Problem Solving |
Junior | Next Rank: 30 Posts
Posts: 25
Joined: Mon May 07, 2018 8:47 am
Location: India
GMAT Score:610

by nonplus2 » Wed Oct 10, 2018 9:27 pm
Let us term Investment advisors as IA, Equity Advisors as EA, Bond Advisors as BA and prefix for Board Certified as C
As per the question,
We have: IA = 120
BA = 30 -- (1)
EA = 120 - 30 = 90

As mentioned, fifty percent of the investment advisors are board-certified.
==> 50% of IA = IAC or
==> IAC = 60
Also, given that one-third of the equities advisors are board-certified
==> (1/3)*EA = EAC
==> EAC = 30
We have to find how many bonds advisors are not board-certified or (BA - BAC)
Since, Certified Investment advisors = Certified equities advisors + Certified bonds advisors
==> IAC = EAC + BAC
==> 60 = 30 + BAC
==> BAC = 30 ---- (2)

From (1) and (2), bonds advisors are not board-certified or (BA - BAC) = 0

Correct Answer is A
Top
Join the discussion

GMAT/MBA Expert

User avatar
GMAT Instructor
Posts: 8246
Joined: Sat Apr 25, 2015 10:56 amFollowed by: 29 members
Location: Los Angeles, CA
Thanked: 43 times

by Scott@TargetTestPrep » Sat Oct 13, 2018 5:31 pm
BTGmoderatorLU wrote:Source: Princeton Review

A total of 120 investment advisors work at a particular financial services firm, 30 in bonds and the rest in equities. Fifty percent of the investment advisors are board-certified. If one-third of the equities advisors are board-certified, how many bonds advisors are not board-certified?

A. 0
B. 10
C. 15
D. 20
E. 30
We see that 120 x 0.5 = 60 of the advisors are board-certified, and 90 advisors are in equities.

Thus, 90 x (1/3) = 30 of the equities advisors are board-certified, so all 30 of the bonds advisors are board-certified, so there are zero bonds advisors who are not board-certified.

Answer: A

Scott Woodbury-Stewart
Founder and CEO
[email protected]

Image

See why Target Test Prep is rated 5 out of 5 stars on BEAT the GMAT. Read our reviews

ImageImage
Top
Join the discussion