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E
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Source: Economist GMAT
A used cars salesman receives an annual bonus if he meets a certain quota. This year, the salesman has so far sold 1/5 of last year's quota. If this year's quota is reduced by 25 percent from last year, the quantity that he still needs to sell this year in order to receive the annual bonus is what fraction of the preceding year's car quota?
A. 4/15
B. 4/20
C. 3/4
D. 11/20
E. 9/20
The OA is D
A used cars salesman receives an annual bonus if he meets a certain quota. This year, the salesman has so far sold 1/5 of last year's quota. If this year's quota is reduced by 25 percent from last year, the quantity that he still needs to sell this year in order to receive the annual bonus is what fraction of the preceding year's car quota?
A. 4/15
B. 4/20
C. 3/4
D. 11/20
E. 9/20
The OA is D
