By David Frey
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Extra resources for Business - Six Deadly Small Business Marketing Secrets
To make your call on each statement, you will probably want to sort by a different column. By the way, if you have Excel experience, there is no “secondary sort” on IR. You can only sort by one column at a time. Re-sorting erases the effects of any previous sort. ) in one column that may seem redundant with another col umn. You may wonder why GMAT gives you ranks instead of just letting you sort and figure it out for yourself. That’s a good thing to wonder, because the presence of ranks means that you will have to infer something from the rank that isn’t shown.
If 60% of customers at the produce stand purchased fruit and 20% of fruit purchasers purchased bananas, what percent of customers did not purchase bananas? A casual reader might see “20% ... purchased bananas” and immediately decide that the answer must be 80%. However, the problem says that 20% of fruit pur chasers purchased bananas. Fruit purchasers are a subset of the total— only 60%. 12, or 12%. The answer is 100% - 12% = 88%, not 80%. Slow down when you read problems such as this one. Confirm what exactly you’re taking a percent of.
Now, you could add the percentages of all of the groups that do not have a bachelor’s, graduate, or professional degree. But that path is more time-consuming. Instead, add the two groups of people who actually have one of these degrees, and then subtract the result from 100%. M AN HATTAN GMAT Chapter 2 IRQuant 17% (bachelor’s) + 10% (graduate or professional) = 27% So 100% —27% = 73% do N O T have one of these degrees. Pick the last choice in the drop-down menu: Select... T 7% 16% 27% 59% 73% * This “1 - x” technique is helpful for fraction, percentage, and even probability problems.
Business - Six Deadly Small Business Marketing Secrets by David Frey