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# How many of the six corporate sectors listed each contribute

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How many of the six corporate sectors listed each contribute [#permalink]  17 Feb 2017, 03:16
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Question Stats:

92% (01:12) correct 7% (02:01) wrong based on 14 sessions

How many of the six corporate sectors listed each contributed more than $60 million to the arts in both 1988 and 1991 ? A) One B) Two C) Three D) Four E) Five [Reveal] Spoiler: OA _________________ GMAT Club Legend Joined: 07 Jun 2014 Posts: 4710 GRE 1: Q167 V156 WE: Business Development (Energy and Utilities) Followers: 91 Kudos [?]: 1612 [0], given: 375 Re: How many of the six corporate sectors listed each contribute [#permalink] 26 Feb 2017, 00:55 Expert's post Explanation Total support for arts in 1988 =$630 million

Total Support for arts in 1991 = $520 million We find out how much is$60 million as a percentage for both the years:

% Support (for $60 million) in 1988 = $$\frac{60}{630} \times 100 \approx 9.5%$$ % Support (for$ 60 million) in 1991 = $$\frac{60}{520} \times 100 \approx 11.5%$$

So all companies that have more than 9.5% in 1988 and 11.5% in 1991 satisfy the condition.

Only 3 categories satisfy this condition, service, manufacturing and other. Hence C is correct.
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Sandy
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Re: How many of the six corporate sectors listed each contribute   [#permalink] 26 Feb 2017, 00:55
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# How many of the six corporate sectors listed each contribute

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