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
If 75 percent of all Americans own an automobile
This topic has expert replies
GMAT/MBA Expert
- Scott@TargetTestPrep
- GMAT Instructor
- Posts: 7242
- Joined: Sat Apr 25, 2015 10:56 am
- Location: Los Angeles, CA
- Thanked: 43 times
- Followed by:29 members
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]
See why Target Test Prep is rated 5 out of 5 stars on BEAT the GMAT. Read our reviews