GMAT Question of the Day - Problem Solving - Percent
At the beginning of the year in town X, 30% of the population had liberal values. At the end of the year the total population had grown by 12% and the proportion of the population with liberal values had decreased by 5%. From the beginning of the year to the end of the year what was the approximate percent increase in the number of people in town x with non-liberal values?
GMAT Question of the Day Solution
Here comes another challenging GMAT word problem. In GMAT tutoring the lesson on word problems revolves around three things:
1. Taking the time to read and process before calculating
2. Defining the question
3. Looking for ways to simplify (reduce, factor, approximate)
In this case we are looking for the percent change (a GMAT subject that comes up pretty often) of the non-liberal population. We're only given proportions so it might be helpful to pick some values. For this type of question you'll generally be picking a value for the total population from which you'll derive the rest of the values. There are some questions for which you'll pick multiple values but that should be evident from the wording of the question. In percent questions a total that is a multiple of 100 tends to work pretty well.
It is super helpful to define what you are looking for. If you fail to do so this question could become and arithmetic nightmare. If you plan well, with one tiny approximation (moving 143 up to 145) you end up with a very clean result. If you were completely stuck you could do come educated guessing on this one. You know that the population went up 12% but that the increase in non-liberals was greater than the increase in liberals. So the increase in non-liberals must have been greater than 12%. That eliminates A, B, and C.