Sally has a gold credit card with a certain spending limit, and a platinum card with twice the spending limit of the gold card. Currently, she has a balance on her gold card that is 1/3 of the spending limit on that card, and she has a balance on her platinum card that is 1/5 of the spending limit on that card. If Sally transfers the entire balance on her gold card to her platinum card, what portion of her limit on the platinum card will remain unspent?
A. 11/30
B. 29/60
C. 17/30
D. 19/30
E. 11/15
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alivapriyada
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goyalsau
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For me its E,alivapriyada wrote:Sally has a gold credit card with a certain spending limit, and a platinum card with twice the spending limit of the gold card. Currently, she has a balance on her gold card that is 1/3 of the spending limit on that card, and she has a balance on her platinum card that is 1/5 of the spending limit on that card. If Sally transfers the entire balance on her gold card to her platinum card, what portion of her limit on the platinum card will remain unspent?
A. 11/30
B. 29/60
C. 17/30
D. 19/30
E. 11/15
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diebeatsthegmat
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gold credit card =G and platinium card is Palivapriyada wrote:Sally has a gold credit card with a certain spending limit, and a platinum card with twice the spending limit of the gold card. Currently, she has a balance on her gold card that is 1/3 of the spending limit on that card, and she has a balance on her platinum card that is 1/5 of the spending limit on that card. If Sally transfers the entire balance on her gold card to her platinum card, what portion of her limit on the platinum card will remain unspent?
A. 11/30
B. 29/60
C. 17/30
D. 19/30
E. 11/15
spending limit of G=G >>> 1/3G
spending limit of P=2G >>>2*1/5=2/5
total G+P=1/3+2/5=11/15(G)
because P=2G so G=p/2 thus it will be 11/15/3=11/30 for P
so the final limit=1-11/30=19/30
the correct answer is D
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diebeatsthegmat
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you misunderstood P and Ggoyalsau wrote:For me its E,alivapriyada wrote:Sally has a gold credit card with a certain spending limit, and a platinum card with twice the spending limit of the gold card. Currently, she has a balance on her gold card that is 1/3 of the spending limit on that card, and she has a balance on her platinum card that is 1/5 of the spending limit on that card. If Sally transfers the entire balance on her gold card to her platinum card, what portion of her limit on the platinum card will remain unspent?
A. 11/30
B. 29/60
C. 17/30
D. 19/30
E. 11/15
11/15 is just the limit of G you must divided it by 2 to get the limit of platinum
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goyalsau
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Thanks for work "diebeatsthegmat"diebeatsthegmat wrote:gold credit card =G and platinium card is Palivapriyada wrote:Sally has a gold credit card with a certain spending limit, and a platinum card with twice the spending limit of the gold card. Currently, she has a balance on her gold card that is 1/3 of the spending limit on that card, and she has a balance on her platinum card that is 1/5 of the spending limit on that card. If Sally transfers the entire balance on her gold card to her platinum card, what portion of her limit on the platinum card will remain unspent?
A. 11/30
B. 29/60
C. 17/30
D. 19/30
E. 11/15
spending limit of G=G >>> 1/3G
spending limit of P=2G >>>2*1/5=2/5
total G+P=1/3+2/5=11/15(G)
because P=2G so G=p/2 thus it will be 11/15/3=11/30 for P
so the final limit=1-11/30=19/30
the correct answer is D
but i just have a question , in the last statement it says.
what portion of her limit on the platinum card will remain unspent?
what it means according to me that how much more money she can spent on her p credit card
as you calculated very correctly its
total G+P=1/3+2/5=11/15(G)
because P=2G so G=p/2 thus it will be 11/15/3=11/30 for P
but then if we subtract it from 1 then the portion will be money that she already spent from this new balance.
this is what i feel, please share your view on this.
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alivapriyada
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alivapriyada
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let x represent the spending limit on her platinum card:goyalsau wrote:Can you please explain my doubt
that i post .
(1/5)x + (1/3)(1/2)x =
(1/5)x + (1/6)x =
(6/30)x + (5/30)x =
(11/30)x
This leaves 19/30 of her spending limit untouched.
The correct answer is D.
hope it helps.
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goyalsau
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I would to explain it a different way,alivapriyada wrote:Sally has a gold credit card with a certain spending limit, and a platinum card with twice the spending limit of the gold card. Currently, she has a balance on her gold card that is 1/3 of the spending limit on that card, and she has a balance on her platinum card that is 1/5 of the spending limit on that card. If Sally transfers the entire balance on her gold card to her platinum card, what portion of her limit on the platinum card will remain unspent?
A. 11/30
B. 29/60
C. 17/30
D. 19/30
E. 11/15
look i have 2 cards gold and platinum.
I gold i have have 30 rupee credit limit and in platinum i have 60 rupee credit limit.
If currently i have 10 rupee in my gold card. and 12 rupee in my platinum card now
in total i have 22 rupee in all
what i am saying that 22/60 is the amount the i can spent and and 38/60 is the amount I all ready spent.
which ends up 11/30 and 19/30.
i know i am doing a silly mistake over here please figure that out for me.
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GMATGuruNY
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Easiest approach is to plug in:alivapriyada wrote:Sally has a gold credit card with a certain spending limit, and a platinum card with twice the spending limit of the gold card. Currently, she has a balance on her gold card that is 1/3 of the spending limit on that card, and she has a balance on her platinum card that is 1/5 of the spending limit on that card. If Sally transfers the entire balance on her gold card to her platinum card, what portion of her limit on the platinum card will remain unspent?
A. 11/30
B. 29/60
C. 17/30
D. 19/30
E. 11/15
Let G = gold, P = platinum.
Let G = 15 and P = 30.
G balance = 1/3 * 15 = 5.
P balance = 1/5 * 30 = 6.
Combined balances = 5+6 = 11.
30-11 = 19 unspent on P.
So 19/30 unspent.
The correct answer is D.
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goyalsau
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Balance is not the remaining balanceGMATGuruNY wrote:Easiest approach is to plug in:alivapriyada wrote:Sally has a gold credit card with a certain spending limit, and a platinum card with twice the spending limit of the gold card. Currently, she has a balance on her gold card that is 1/3 of the spending limit on that card, and she has a balance on her platinum card that is 1/5 of the spending limit on that card. If Sally transfers the entire balance on her gold card to her platinum card, what portion of her limit on the platinum card will remain unspent?
A. 11/30
B. 29/60
C. 17/30
D. 19/30
E. 11/15
Let G = gold, P = platinum.
Let G = 15 and P = 30.
G balance = 1/3 * 15 = 5.
P balance = 1/5 * 30 = 6.
Combined balances = 5+6 = 11.
30-11 = 19 unspent on P.
So 19/30 unspent.
The correct answer is D.
is it the difference between the credit limit and money that one already spent.
credit limit is 15
balance is 1/3 means 5
so unspent is 15-5=10
Is it right.
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alivapriyada
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GMATGuruNY wrote:Easiest approach is to plug in:alivapriyada wrote:Sally has a gold credit card with a certain spending limit, and a platinum card with twice the spending limit of the gold card. Currently, she has a balance on her gold card that is 1/3 of the spending limit on that card, and she has a balance on her platinum card that is 1/5 of the spending limit on that card. If Sally transfers the entire balance on her gold card to her platinum card, what portion of her limit on the platinum card will remain unspent?
A. 11/30
B. 29/60
C. 17/30
D. 19/30
E. 11/15
Let G = gold, P = platinum.
Let G = 15 and P = 30.
G balance = 1/3 * 15 = 5.
P balance = 1/5 * 30 = 6.
Combined balances = 5+6 = 11.
30-11 = 19 unspent on P.
So 19/30 unspent.
The correct answer is D.
agreed!!!this is the easiest!!
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sanju09
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alivapriyada wrote:Sally has a gold credit card with a certain spending limit, and a platinum card with twice the spending limit of the gold card. Currently, she has a balance on her gold card that is 1/3 of the spending limit on that card, and she has a balance on her platinum card that is 1/5 of the spending limit on that card. If Sally transfers the entire balance on her gold card to her platinum card, what portion of her limit on the platinum card will remain unspent?
A. 11/30
B. 29/60
C. 17/30
D. 19/30
E. 11/15
If gold card has spending limit of x, then platinum card would have a spending limit of 2 x on it.
Current balance on gold card is x/3 and that on the platinum card is 2 x/5.
Transfer leaves a balance of 2 x/5 + x/3 = 11 x/15 on the platinum card, which is (11 x/15)/ (2 x) = 11/30 of the portion of her limit on the platinum card. Hence, unspent is [spoiler]19/30.
D[/spoiler]
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In US, balance is the amount that has been spent already on the card.goyalsau wrote:Guys please answer my query as well..
In India, it means the amount available for spending.
Anyone who endorses this explanation?
