hey guys ron has already gone over this question here: https://www.manhattangmat.com/forums/hen ... t2911.html
I just wanted to ask experts what category is this question technically? Is this a word problem? Also, what level of difficulty is it? I know how to set it up; however, it seems questions that I am missing are ones in which you can't back solve for and you must abstractly figure it out. Thoughts on these types of questions?
This year Henry will save a certain amount of his income, and he will spend the rest. Next year Henry will have no income, but for each dollar that he saves this year, he will have 1 + r dollars available to spend. In terms of r, what fraction of his income should Henry save this year so that next year the amount he has available to spend will be equal to half the amount that he spends this year?
a) 1/(r+2)
b) 1/(2r+s)
c) 1/(3r+2)
d) 1/(r+3)
e) 1/(2r+3)
This question is from GMAT Focus Test #2
Answer: E -
I just wanted to ask experts what category is this question technically? Is this a word problem? Also, what level of difficulty is it? I know how to set it up; however, it seems questions that I am missing are ones in which you can't back solve for and you must abstractly figure it out. Thoughts on these types of questions?
This year Henry will save a certain amount of his income, and he will spend the rest. Next year Henry will have no income, but for each dollar that he saves this year, he will have 1 + r dollars available to spend. In terms of r, what fraction of his income should Henry save this year so that next year the amount he has available to spend will be equal to half the amount that he spends this year?
a) 1/(r+2)
b) 1/(2r+s)
c) 1/(3r+2)
d) 1/(r+3)
e) 1/(2r+3)
This question is from GMAT Focus Test #2
Answer: E -
