BREAKING: Target Test Prep releases Brand New 2026 On Demand GMAT prep course

Redeem

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.

★★★★★5.0559 reviews
GMATLiveTeach 7 seats left
Chris Peckover
NEXT LIVE COHORT

Oct 13 to Jan 7, 2027

with Chris Peckover

Schedule
Tue, Thu · 8:00 to 10:00 PM ET
Included
40 live hours + 6 months of GMAT OnDemand
  • Live instruction and real-time questions
  • Class recordings and assigned practice
View class & enroll
Limited cohort · enrollment openTarget Test Prep
EALiveTeach 5 seats left
Logan Thompson
EXECUTIVE ASSESSMENT

Sep 6 to Dec 6, 2026

with Logan Thompson

Schedule
Sun · 9:30 AM to 12:30 PM ET
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
Limited cohort · enrollment openTarget Test Prep
GMATOnDemand Start 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
Start free 5-day trial
Read 559 reviewsTarget Test Prep

Compare the format, schedule, and included access before enrolling. Prices and seat counts shown reflect the supplied offer details.

How much did Linda put?

Expert replies
Post new topic Post Reply
Previous Topic Next Topic
Master | Next Rank: 500 Posts
Posts: 239
Joined: Thu Oct 28, 2010 8:40 amFollowed by: 2 members
Location: India
Thanked: 5 times
GMAT Score:690
by Dean Jones » Sun Jul 10, 2011 1:13 am
Hi Friends,

I am having difficulty in solving the below mentioned Data Sufficency problem. Need your help.

Linda put an amount of money into each of two new investments, A and B that pay simple annual interest. If the annual interest rate of investment B is 1 1/2 times that of investment A, what amount did Linda put into investment A

(1) The interest for 1 year is $50 for investment A and $150 for investment B
(2) The amount that Linda put into investment B is twice the amount that she put into investment A

OA after a little discussion.
Top
Join the discussion
Log in to postLogin with Googleuse password
QUOTE IN REPLY
Source: — Data Sufficiency |
User avatar
Legendary Member
Posts: 965
Joined: Thu Jan 28, 2010 12:52 amFollowed by: 34 members
Thanked: 156 times
GMAT Score:720

by vineeshp » Sun Jul 10, 2011 6:44 am
Answer: E.

Let amounts be A,B.
IA = Interest for A: A * r /100
IB = Interest for B: B * r * 1.5 /100

Stmt 1:
IA = 50.
A * r /100 = 50
r = 50. 100 / A
IB = 150.
B * r * 1.5 /100 = 150.
r = 150 . 100 / B * 1.5
Equating r
150 . 100 / B * 1.5 = 50. 100 / A
Solving, we get A = B/2

not sufficient.
For any above A and B in the same ratio, a certain R can given the same interest.

Stmt 2: Restates what we got in 1.
Not sufficient.

1 and 2 combined: NO new info.

Hence E.

What is the OA?
Vineesh,
Just telling you what I know and think. I am not the expert. :)
Top
Join the discussion
Log in to postLogin with Googleuse password
QUOTE IN REPLY
Master | Next Rank: 500 Posts
Posts: 239
Joined: Thu Oct 28, 2010 8:40 amFollowed by: 2 members
Location: India
Thanked: 5 times
GMAT Score:690

by Dean Jones » Sun Jul 10, 2011 9:08 am
OA is E
Top
Join the discussion
Log in to postLogin with Googleuse password
QUOTE IN REPLY
Post new topic Post Reply
• Page 1 of 1