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John C. Walden is retiring

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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
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Source: — Data Sufficiency |
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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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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.
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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

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by bec.amit » Sat Apr 04, 2009 10:42 am
good explanation by Karmayogi.
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