Well, thanks rockeyb once again!

Sorry for a really long break. Got badly held up with work this week. Here we go!
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SET THEORY:
For
3 set questions, there are
2 formulae that you can use.
Picture a Venn diagram; the first formula is just the sum of all of the various parts:
1. True # of objects = (# only A) + (# only B) + (# only C) + (# only AB) + (# only AC) + (# only BC) + (# only ABC)
The second formula is the one we use more often:
2. True # of objects = (total # A) + (total # B) + (total #C) - (# only AB) - (# only AC) - (# only BC) - 2(# ABC)
[Note that, technically, we should add a "+ (# with none of ABC)" to the end of each equation, but a 3 set question on the GMAT that had a "none" component is not often seen.]
We can simplify the second equation to:
True # of objects = (sum of total characteristics) - (sum of doubles) - 2(triples)
To understand why we have to subtract the doubles once and the triples twice, again picture a Venn diagram.
If an object is in the AB portion of the diagram, it's already been counted in the A circle and the B circle. In other words, it's been counted twice. To get a true count, therefore, we must subtract it once.
If an object is in the ABC portion of the diagram, it's already been counted in the A circle, the B circle AND the C circle. In other words, it's been counted three times. To get a true count, therefore, we must subtract it twice.
Here's the primary principle we're using:
Every object should be counted exactly once.
Courtesy: Stuart Kovinsky, GMAT Expert.