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

Redeem

Need help for OG question 4

Problem Solving — algebra and arithmetic (GMAT Focus Edition)
This topic has expert replies
Post new topic Post Reply
Previous Topic Next Topic
Source: — Quantitative Reasoning |
User avatar
Master | Next Rank: 500 Posts
Posts: 153
Joined: Mon Apr 11, 2011 7:13 am
Location: India
Thanked: 22 times
Followed by:7 members
GMAT Score:540

by sahilchaudhary » Wed Dec 11, 2013 12:57 am
Please post the full questions and I would be glad to assist you.
Sahil Chaudhary
If you find this post helpful, please take a moment to click on the "Thank" icon.
https://www.sahilchaudhary007.blocked
Top
Newbie | Next Rank: 10 Posts
Posts: 6
Joined: Mon Apr 09, 2012 1:33 pm

by b.ankit_09 » Thu Jan 02, 2014 1:02 pm
Hi Monica,
You would subtract 175 from 875 because 175 is already included in the 875.
The question states that 35% of 2500 invests in Municipal Bonds, out of these people some could be investing in both the bonds. The question wants you to find out the probability of people investing in the Municipal Bond only and this 35% includes people who are investing in both, the Municipal as well as the oil stock. As we are also given the number of people who invest in both the Bonds i.e. 175 , we would subtract it from 875 and find out the probability of people who invest in the Municipal Bond only.
Top
Post new topic Post Reply
• Page 1 of 1