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auntsom Just gettin' started!
Joined: 09 Jul 2008 Posts: 18
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Location: Thailand
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Posted: Mon Jul 21, 2008 8:29 am Post subject: GMAT prep - maximum numbers of different stocks |
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All of stocks on over-the-counter market are designated by either a 4-letter or a 5-letter code that is created by using the 26 letters of the alphabet. Which of the following gives the maximum number of different stocks that can be designated with these codes?
1. 2(26^5)
2. 26(26^4)
3. 27(26^4)
4. 26(26^5)
5. 27(26^5) |
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evansbd Rising GMAT Star
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Target GMAT Score: 700
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sudhir3127 Moderator
Joined: 07 Jul 2008 Posts: 785
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Location: INDIA Target GMAT Score: 700+
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Posted: Mon Jul 21, 2008 8:37 am Post subject: |
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My answer is C
here it goes..
for 4 letter code its 26^4
5 letter code its 26^5
the maximum ways is 26^4+26^5
26^4+ 26^4*26
26^4(26+1)
hence 27(26^4) |
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