If 75 percent of all Americans own an automobile

This topic has expert replies
Moderator
Posts: 2058
Joined: Sun Oct 29, 2017 4:24 am
Thanked: 1 times
Followed by:5 members

Timer

00:00

Your Answer

A

B

C

D

E

Global Stats

If 75 percent of all Americans own an automobile, 15 percent of all Americans own a bicycle, and 20 percent of all Americans own neither an automobile nor a bicycle, what percent of Americans own both an automobile and a bicycle?

(A) 0%
(B) 1.33%
(C) 3.75%
(D) 5%
(E) 10%

The OA is the option _E_

Source: Princeton Review

GMAT/MBA Expert

User avatar
GMAT Instructor
Posts: 7242
Joined: Sat Apr 25, 2015 10:56 am
Location: Los Angeles, CA
Thanked: 43 times
Followed by:29 members

by Scott@TargetTestPrep » Mon Jul 01, 2019 4:48 pm
M7MBA wrote:If 75 percent of all Americans own an automobile, 15 percent of all Americans own a bicycle, and 20 percent of all Americans own neither an automobile nor a bicycle, what percent of Americans own both an automobile and a bicycle?

(A) 0%
(B) 1.33%
(C) 3.75%
(D) 5%
(E) 10%

The OA is the option _E_

Source: Princeton Review

We can let the total number of Americans = 100 and create the following equation:

100 = number who own an automobile + number who own a bike - number who own both + number who own neither

100 = 75 + 15 - b + 20

100 = 110 - b

b = 10

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