It is currently 12 Dec 2018, 12:41

### GMAT Club Daily Prep

#### Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

# Approximately what average amount

Author Message
TAGS:
Moderator
Joined: 18 Apr 2015
Posts: 5151
Followers: 77

Kudos [?]: 1031 [0], given: 4643

Approximately what average amount [#permalink]  28 Dec 2016, 08:58
Expert's post
00:00

Question Stats:

50% (00:59) correct 50% (00:14) wrong based on 4 sessions

Approximately what average amount per week did the families of professionals and managers spend on food away from home ?

(A) $2 (B)$8
(C) $11 (D)$29
(E) $38 [Reveal] Spoiler: OA _________________ Intern Joined: 07 Aug 2016 Posts: 16 Followers: 0 Kudos [?]: 6 [0], given: 0 Re: Approximately what average amount [#permalink] 19 Jan 2017, 09:46 why is the answer c? GMAT Club Legend Joined: 07 Jun 2014 Posts: 4749 GRE 1: Q167 V156 WE: Business Development (Energy and Utilities) Followers: 93 Kudos [?]: 1657 [0], given: 396 Re: Approximately what average amount [#permalink] 19 Jan 2017, 12:29 Expert's post shikha0611 wrote: why is the answer c? Hey Question is updated. Thanks for pointing out. _________________ Sandy If you found this post useful, please let me know by pressing the Kudos Button Try our free Online GRE Test Intern Joined: 07 Aug 2016 Posts: 16 Followers: 0 Kudos [?]: 6 [0], given: 0 Re: Approximately what average amount [#permalink] 19 Jan 2017, 21:19 should the official answer be D? GMAT Club Legend Joined: 07 Jun 2014 Posts: 4749 GRE 1: Q167 V156 WE: Business Development (Energy and Utilities) Followers: 93 Kudos [?]: 1657 [2] , given: 396 Re: Approximately what average amount [#permalink] 21 Jan 2017, 03:15 2 This post received KUDOS Expert's post shikha0611 wrote: should the official answer be D? As you can see from the table the percentage of income spent on food, by professionals and managers, is 29% and the total household expenditure is$38.77.

Thus the actual expenditure is $$29% \times 38.77 = 11.24$$

Hence option C is correct.
_________________

Sandy
If you found this post useful, please let me know by pressing the Kudos Button

Try our free Online GRE Test

Re: Approximately what average amount   [#permalink] 21 Jan 2017, 03:15
Display posts from previous: Sort by