John C. Walden is retiring

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sanju09: GMAT Instructor; Posts: 3650; Joined: Wed Jan 21, 2009 4:27 am; Location: India; Thanked: 267 times; Followed by:80 members; GMAT Score:760

John C. Walden is retiring

by sanju09 » Sat Apr 04, 2009 5:48 am

After a long career, John C. Walden is retiring. If there are 25 associates who contribute equally to a parting gift for John in an amount that is an integer, what is the total value of the parting gift?

(1) If four associates were fired for underperformance, the total value of the parting gift would have decreased by $200

(2) The value of the parting gift is greater than $1,225 and less than $1,275

The mind is everything. What you think you become. -Lord Buddha

Sanjeev K Saxena
Quantitative Instructor
The Princeton Review - Manya Abroad
Lucknow-226001

www.manyagroup.com

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Source: Beat The GMAT — Data Sufficiency | Sat Apr 04, 2009 5:48 am

lolo: Junior | Next Rank: 30 Posts; Posts: 17; Joined: Sat Dec 13, 2008 9:00 am

by lolo » Sat Apr 04, 2009 6:12 am

I would say that E is correct as we do not have enough information to find the right value.

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sanju09: GMAT Instructor; Posts: 3650; Joined: Wed Jan 21, 2009 4:27 am; Location: India; Thanked: 267 times; Followed by:80 members; GMAT Score:760

by sanju09 » Sat Apr 04, 2009 6:17 am

lolo wrote:I would say that E is correct as we do not have enough information to find the right value.

Dear lolo, may be you were correct at it, but please specify taking each statement alone, for why is your answer so, in your next posts.

The mind is everything. What you think you become. -Lord Buddha

Sanjeev K Saxena
Quantitative Instructor
The Princeton Review - Manya Abroad
Lucknow-226001

www.manyagroup.com

Quote

karmayogi: Master | Next Rank: 500 Posts; Posts: 467; Joined: Thu Nov 06, 2008 10:19 pm; Thanked: 27 times; Followed by:1 members

by karmayogi » Sat Apr 04, 2009 10:30 am

Given, the amount (x) contributed by each associate is an integer.

25x = N (total contribution)

#1. 4x = 200
X = 50 and N = 1250

Sufficient

#2. 1225 < N < 1275
1225 < 25x < 1275
49 < x < 51
X = 50 only possible integer. Hence, N = 1250

IMO D

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