John C. Walden is retiring

Expert replies

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

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

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.

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

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

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

Each soul is potentially divine. The goal is to manifest this divine within.
--By Swami Vivekananda

bec.amit: Senior | Next Rank: 100 Posts; Posts: 36; Joined: Sat Jul 26, 2008 10:08 am; Location: LA,US

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

good explanation by Karmayogi.

Featured schoolRound 2 closes Jan 7, 2027 58 days left

Chicago Booth

Since 1982, 10 Booth faculty members have received the Nobel Prize in Economic Sciences, more than any other business school.

#3
U.S. News rank: $175,000
Median base salary: 670
Average GMAT Focus: 635
Students in the class

Apply to Booth Visit chicagobooth.edu See the full profile

Photo: Warren LeMay, CC BY-SA 2.0

GMAT Course Reviews

563 reviews

1168 reviews

431 reviews

359 reviews

147 reviews

5/5

5 Star (563 Reviews)

"Target Test Prep is the closest to the official version of the GMAT exam, about 99% accuracy in terms of the quality and quantity of information. The course has excellently created singular sets of focused lessons and tests for every possible topic that one could come across in the official GMAT exam."

"The TTP course maximizes the efficiency of the time you spend studying. It will take time and effort but I could almost guarantee that if you complete the course exactly as it is laid out you will get an amazing score. They also have a very responsive team willing to help with any questions you might have."

"TTP has two things that I think no other test prep company offers: A teaching approach that reinforces understanding and an attitude that will give you the mental preparedness needed to succeed on the test. TTP gives you a deep understanding of the concept you need to know while teaching you how to think."

Write a Review