Last year in a group of 30 businesses, 21 reported a net profit and
15 had investments in foreign markets. How many of the businesses
did not report a net profit nor invest in foreign markets last year?
(1) last year 12 of the 30 businesses reported a net profit and had investments in foreign markets.
(2) last year 24 of the 30 businesses reported a net profit or invested in
foreign markets, or both.
This seems to be a simple question. I am doubting the answer. My answer is D, but the answer given is B.
DS3
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(1) is also sufficient.thecoolguy wrote:Last year in a group of 30 businesses, 21 reported a net profit and
15 had investments in foreign markets. How many of the businesses
did not report a net profit nor invest in foreign markets last year?
(1) last year 12 of the 30 businesses reported a net profit and had investments in foreign markets.
(2) last year 24 of the 30 businesses reported a net profit or invested in
foreign markets, or both.
This seems to be a simple question. I am doubting the answer. My answer is D, but the answer given is B.
The general equation for 2 overlapping groups is:
True # of entities = (total # with char 1) + (total # with char 2) + (# with neither char) - (# with both chars)
From the original info, we know that:
30 = 21 + 15 + neither - both
and we're asked to solve for "neither".
(1) gives us "both", so we can definitely solve.
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