BREAKING: Target Test Prep releases Brand New 2026 On Demand GMAT prep course

Redeem

A survey was sent to 80 customers, 7 of whom responded. Then

This topic has expert replies
Post new topic Post Reply
Previous Topic Next Topic
Moderator
Posts: 2505
Joined: Sun Oct 15, 2017 1:50 pm
Followed by:6 members

A survey was sent to 80 customers, 7 of whom responded. Then

by BTGmoderatorLU » Wed Aug 28, 2019 4:42 pm
Source: Manhattan Prep

A survey was sent to 80 customers, 7 of whom responded. Then the survey was redesigned and sent to another 63 customers, 9 of whom responded. By approximately what percent did the response rate increase from the original survey to the redesigned survey?

A. 2%
B. 5%
C. 14%
D. 28%
E. 63%

The OA is E
Top
Source: — Problem Solving |

GMAT/MBA Expert

User avatar
GMAT Instructor
Posts: 3008
Joined: Mon Aug 22, 2016 6:19 am
Location: Grand Central / New York
Thanked: 470 times
Followed by:34 members

by Jay@ManhattanReview » Wed Aug 28, 2019 10:19 pm
BTGmoderatorLU wrote:Source: Manhattan Prep

A survey was sent to 80 customers, 7 of whom responded. Then the survey was redesigned and sent to another 63 customers, 9 of whom responded. By approximately what percent did the response rate increase from the original survey to the redesigned survey?

A. 2%
B. 5%
C. 14%
D. 28%
E. 63%

The OA is E
Fraction of responded before the redesign of the survey = 7/80;
Fraction of responded after the redesign of the survey = 9/63 = 1/7;

Percentage increase in repose = (1/7 - 7/80) / (7/80)]*100% = 31/49*100%

Since 31 is greater than half of 49, the answer would be greater than 50%; the only option that qualifies is Option E: 63%.

The correct answer: E

Hope this helps!

-Jay
_________________
Manhattan Review GMAT Prep

Locations: GMAT Classes Johannesburg | GMAT Prep Courses Mumbai | Manhattan LSAT | SAT Manhattan Prep Classes | and many more...

Schedule your free consultation with an experienced GMAT Prep Advisor! Click here.
Top

GMAT/MBA Expert

User avatar
GMAT Instructor
Posts: 8086
Joined: Sat Apr 25, 2015 10:56 am
Location: Los Angeles, CA
Thanked: 43 times
Followed by:29 members

by Scott@TargetTestPrep » Mon Sep 02, 2019 6:28 pm
BTGmoderatorLU wrote:Source: Manhattan Prep

A survey was sent to 80 customers, 7 of whom responded. Then the survey was redesigned and sent to another 63 customers, 9 of whom responded. By approximately what percent did the response rate increase from the original survey to the redesigned survey?

A. 2%
B. 5%
C. 14%
D. 28%
E. 63%

The OA is E
We can use the percent change formula, which is (New - Old)/Old x 100, to determine the percent increase in the response rate:

[(9/63) - (7/80)]/(7/80) x 100 =

[(1/7) - (7/80)]/(7/80) x 100 =

Multiplying the left side by 560/560, we have:

(80 - 49)/49 x 100 =

31/49 x 100

We see that 31/49 is roughly 31/50 = 62/100 = 62%

Alternate Solution:

We can approximate the initial response rate of 7/80 as roughly 7/77, or 1/11. The new response rate is 9 /63, or 1/7. We can use the percent change formula, which is (New - Old)/Old x 100, to determine the percent increase in the response rate:

(1/7 - 1/11)/1/11 x 100

Multiplying the expression by 77/77, we obtain:

(11 - 7)/7 x 100 =

4/7 x 100

We see that 4/7 is slightly more than ½, so 4/7 x 100 will be slightly greater than 50%.

Answer: E

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
Post new topic Post Reply
• Page 1 of 1