Live GMAT classes with Target Test Prep start Nov 21 and Nov 22. First class free.

See classes
Target Test Prep · GMAT

Choose how you want to prepare

Learn live with an expert or move at your own pace. Every option includes the complete TTP study system.

Newsweek Readers’ Choice Awards 2026 winner: Target Test Prep, #1 Test Prep

Target Test Prep was voted #1 Best Test Prep in the 2026 Newsweek Readers’ Choice™ Awards.

★★★★★5.0563 reviews
GMATLiveTeachStarts Nov 22
Josh Braslow, Target Test Prep GMAT expert
LIVE ONLINE CLASSES

Get Ready for GMAT Test Day Faster with Live Online Classes

with Josh Braslow, 20+ years in test prep

Nov 22 · Josh Braslow
Sun · 9:30 AM to 12:30 PM ET
Included
40 hours of live online classes + 6 months of TTP OnDemand
  • Attend the first class for free
  • Every class is recorded, so you never fall behind
View classes & enroll
Limited seats availableTarget Test Prep
EALiveTeachOnDemandStart anytime
EXECUTIVE ASSESSMENT

Target Test Prep EA OnDemand

Self-paced EA prep. Study on your schedule.

EXECUTIVE ASSESSMENT

with

165+ EA score guarantee
$05-day trial no automatic billing
Schedule
Included
40 hours of live online classes plus six months of access to the complete TTP EA OnDemand course.
  • 165+ EA Score Guarantee
  • 4,100+ Quant, Verbal, and Integrated Reasoning practice questions
  • 400+ hours of in-depth video lessons
  • 3,000+ step-by-step video solutions
View EA class & enroll Start free 5-day trial
Limited cohort · enrollment openTrial includes full course accessTarget Test Prep
GMATOnDemandStart anytime
SELF-PACED MASTERCLASS

Target Test Prep GMAT OnDemand

Complete access from day one. Study on your schedule.

715+ score guarantee
$0to start then $127/mo
  • Personalized study plan and analytics
  • Thousands of lessons and practice questions

billy- algebraic translations

Expert replies
by vkb16 » Fri Oct 02, 2009 5:51 am
Billy has an unlimited supply of the following coins: pennies (1¢), nickels (5¢), dimes (10¢), quarters (25¢), and half-dollars (50¢). On Monday, Billy bought one candy for less than a dollar and paid for it with exactly four coins (i.e., he received no change). On Tuesday, he bought two of the same candy and again paid with exactly four coins. On Wednesday, he bought three of the candies, on Thursday four of the candies, and on Friday five of the candies; each day he was able to pay with exactly four coins. Which of the following could be the price of one candy in cents?

8
13
40
53
66

OA is C
Does anyone knw a short method to do this? MGMAT has two really complex methods...
thanks
Join the discussion
Source: — Problem Solving |

by beatthegmat » Fri Oct 02, 2009 1:12 pm
Moving this post to the Problem Solving Forum
Beat The GMAT | The MBA Social Network
Community Management Team

Research Top GMAT Prep Courses:
https://www.beatthegmat.com/gmat-prep-courses

Research The World's Top MBA Programs:
https://www.beatthegmat.com/mba/school
Join the discussion

Re: billy- algebraic translations

by Stuart@KaplanGMAT » Fri Oct 02, 2009 1:45 pm
vkb16 wrote:Billy has an unlimited supply of the following coins: pennies (1¢), nickels (5¢), dimes (10¢), quarters (25¢), and half-dollars (50¢). On Monday, Billy bought one candy for less than a dollar and paid for it with exactly four coins (i.e., he received no change). On Tuesday, he bought two of the same candy and again paid with exactly four coins. On Wednesday, he bought three of the candies, on Thursday four of the candies, and on Friday five of the candies; each day he was able to pay with exactly four coins. Which of the following could be the price of one candy in cents?

8
13
40
53
66

OA is C
Does anyone knw a short method to do this? MGMAT has two really complex methods...
thanks
Before we do a lot of algebra, let's start with some common sense to narrow down the playing field.

On Friday he bought 5 candies with 4 coins. Since the biggest coin he has is 50 cents, 5 candies must be cheaper than 4*50 = 200 cents. Therefore, the maximum price per candy is 40 cents: eliminate D and E.

So, we have:

8
13
40

Now we have a couple of solid options: we could set up some algebraic equations; alternatively, we could work with the answer choices. Since we have a LOT of variables and a LOT of equations, I'm going for door #2.

Let's start with 8 cents:

1 candy (8 cents) for 4 coins: 5, 1, 1, 1
2 candies (16 cents) for 4 coins: 5, 5, 5, 1
3 candies (24 cents) for 4 coins: no way to get the "4" at the end... bzzt! Eliminate A.

13 cents:

1 candy (13 cents) for 4 coins: 10, 1, 1, 1
2 candies (26 cents) for 4 coins: 10, 10, 5, 1
3 candies (39 cents) for 4 coins: no way to get the "9" at the end... bzzt! Eliminate B.

C is the only choice left, so it must be correct.

Just for fun:

40 cents:

1 candy (40 cents) for 4 coins: 10, 10, 10, 10
2 candies (80 cents) for 4 coins: 50, 10, 10, 10
3 candies (120 cents) for 4 coins: 50, 50, 10, 10
4 candies (160 cents) for 4 coins: 50, 50, 50, 10
5 candies (200 cents) for 4 coins: 50, 50, 50, 50

Ding ding!

Now, if we had thought ahead a bit, we would have reasoned that it's going to be far easier to make our payments if the per candy price ends in a "5" or "0", since the only way to get a different units digit is to use pennies. If we had made that deduction, then we would have either just guessed C if we were in a rush or started by testing 40 cents before 8 or 13.
Image

Stuart Kovinsky | Kaplan GMAT Faculty | Toronto

Kaplan Exclusive: The Official Test Day Experience | Ready to Take a Free Practice Test? | Kaplan/Beat the GMAT Member Discount
BTG100 for $100 off a full course
Join the discussion

by vkb16 » Fri Oct 02, 2009 10:09 pm
thanks a lot for the explanation!
btw Stuart, can you please explain this a bit>>?

''Before we do a lot of algebra, let's start with some common sense to narrow down the playing field.

On Friday he bought 5 candies with 4 coins. Since the biggest coin he has is 50 cents, 5 candies must be cheaper than 4*50 = 200 cents.
Therefore, the maximum price per candy is 40 cents: eliminate D and E.''

why cheaper than 200 cents? we can have 4 coins of 50 cents each as well... Is it because of we had 3 candies @50 each, we cant set up 150 with 50,25,10, and 1 in 4 divisions?
Join the discussion

by Stuart@KaplanGMAT » Fri Oct 02, 2009 10:31 pm
vkb16 wrote:thanks a lot for the explanation!
btw Stuart, can you please explain this a bit>>?

''Before we do a lot of algebra, let's start with some common sense to narrow down the playing field.

On Friday he bought 5 candies with 4 coins. Since the biggest coin he has is 50 cents, 5 candies must be cheaper than 4*50 = 200 cents.
Therefore, the maximum price per candy is 40 cents: eliminate D and E.''

why cheaper than 200 cents? we can have 4 coins of 50 cents each as well... Is it because of we had 3 candies @50 each, we cant set up 150 with 50,25,10, and 1 in 4 divisions?
Hi!

Sorry, small typo on my part - I meant to say:

"5 candies can cost at most 4*50 = 200 cents."

That's why I said the maximum price is 40 cents in the next sentence (as opposed to saying it had to be less than 40 cents) and why I didn't eliminate C.
Image

Stuart Kovinsky | Kaplan GMAT Faculty | Toronto

Kaplan Exclusive: The Official Test Day Experience | Ready to Take a Free Practice Test? | Kaplan/Beat the GMAT Member Discount
BTG100 for $100 off a full course
Join the discussion

by vkb16 » Sun Oct 04, 2009 9:19 pm
thanks! that made things a lot clearer!
Join the discussion

by Anaira Mitch » Wed Jan 11, 2017 5:56 am
We can back solve this question by using the answer choices. Let’s first check to make sure that each of the 5 possible prices for one candy can be paid using exactly 4 coins:
8 = 5+1+1+1
13 = 10+1+1+1
40 = 10+10+10+10
53 = 50+1+1+1
66 = 50+10+5+1

So far we can’t make any eliminations. Now let’s check two pieces of candy:

16 = 5 + 5 + 5 + 1
26 = 10 + 10 + 5 + 1
80 = 25 + 25 + 25 + 5
106 = 50 + 50 + 5 + 1
132 = 50 + 50 + 25 + 5 + 1 + 1

We can eliminate answer choice E here. Now three pieces of candy:

24 = 10 + 10 + 1 + 1 + 1 + 1
39 = 25 + 10 + 1 + 1 + 1 + 1
120 = 50 + 50 + 10 + 10
159 = 50 + 50 + 50 + 5 + 1 + 1 + 1 + 1.

We can eliminate answer choices A, B and D.
Notice that at a price of 40¢, Billy can buy four and five candies with exactly 4 coins as well:
160 = 50 + 50 + 50 + 10
200 = 50 + 50 + 50 + 50

hence answer is 40 cents.
Join the discussion

by [email protected] » Wed Jan 11, 2017 11:01 am
Hi Anaira Mitch,

Your idea to TEST THE ANSWERS is a good one. With a slight tweak, you could have made it even more efficient - by starting with the largest values that you have to work with. Since the largest coin is worth just 50 cents, four of those coins would total just $2.

With that knowledge, you know that you couldn't buy 5 candies if they cost 53 cents each ($2.65 total) or 66 cents each ($3.30 total). In that way, you could immediately eliminate Answers D and E (and avoid those repetitive calculations later on).

GMAT assassins aren't born, they're made,
Rich
Contact Rich at [email protected]
Image
Join the discussion