How to find proportion - GRE Quantitative Reasoning

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Question

You have a rope of some length, but 2/3rds of it is cut off and thrown away. 1/4th of the remaining rope is cut off and thrown away. What proportion of the original rope remains?

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Answer

If 2/3 is cut off and thrown away, that means 1/3 of the original length remains. Of this, 1/4 gets cut off and thrown away, meaning 3/4 of 1/3 still remains. Multiplying 3/4 * 1/3, we get 1/4.

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