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time consuming procedure ! short cut plz??

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by 4meonly » Wed Oct 01, 2008 7:08 am
I think A
if I understood correctly
But I doubt that this is short way.

Three persons
Mr.Cat.
Mrs.Car.
Mr.L.

Mr.Cat. recieved IN ALL 260. From bank and from Mr.L.
Let x be the amount recieved from the bank

(x-20)*3/4 recieved Mrs.Car
(2/3)(x-20)*3/4 - 15) recieved Mr.L
(4/5)((2/3)(x-20)*3/4 - 15)-5) went back to Mr.Cat

So (4/5)((2/3)(x-20)*3/4 - 15)-5) + x = 260
solving we get x=200
2/3((3/4)(200-20)-15) = 80 recieved Mr.L from Mrs.Car

A

OA?

Really time consuming procedure!
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by vishubn » Wed Oct 01, 2008 8:30 am
Nope
Its definitely not A

Any more comments :(
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by Morgoth » Wed Oct 01, 2008 3:57 pm
IMO D.

I used exactly the same approach used by "4meonly" and I also got 80K as the answer. Since you are saying A is not the answer, I would choose D.
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by csandeepreddy » Wed Oct 01, 2008 5:01 pm
Guys, the answer is D if you consider $260,000 as the initial amount Mr. Cat received.

75% of (260-20)k = $180,000
2/3 of (180 - 15)k = $110,000

The framing of the question seems to be weird.
Whats the source?
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by Morgoth » Wed Oct 01, 2008 7:49 pm
csandeepreddy wrote:
The framing of the question seems to be weird.
Whats the source?
Couldnt agree more. Especially the last part "Mr. Cathall receives $260k of transfers in all"
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by vishubn » Wed Oct 01, 2008 9:24 pm
i am on the same line as u guys are ! never understood the question properly
but i did manage to find the solution !!

it is way toooo complicated ... hope not to see this on real GMAT

Vishu
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by HarvardDreamin » Wed Oct 01, 2008 11:08 pm
csandeepreddy wrote:Guys, the answer is D if you consider $260,000 as the initial amount Mr. Cat received.

75% of (260-20)k = $180,000
2/3 of (180 - 15)k = $110,000

The framing of the question seems to be weird.
Whats the source?
Yes i got D using the method above. However I dont think i have seen questions like these on GMATPrep - is it from a 3rd party? PLease confirm the Oa.
ON MY WAY TO HBS......
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