BREAKING: Target Test Prep releases Brand New 2026 On Demand GMAT prep course

Redeem
TTP OnDemand GMAT Video Course
Featured Course

Target Test Prep GMAT OnDemand

Scott Woodbury-Stewart’s private virtual classroom — 400 hours of master-class video lessons for the GMAT Focus Edition.

  • 715+ score guarantee — highest in the industry (99th percentile)
  • 52 chapters · 1,500+ lessons · 4,000+ practice questions
  • 400 hours of video · 1,500+ instructor-led HD smartboard lessons
  • 300,000+ students accepted to Harvard, Stanford, Wharton, Booth & Sloan & more
  • 24/7 live support + weekly Zoom office hours with GMAT instructors
  • TTP AI Assist — 24/7 AI-powered virtual tutor for instant help
  • 1,200+ flashcards + AI-powered study assistant & daily calendar
  • OnDemand, LiveTeach & GMAT Bootcamp formats available
  • Also: GRE, SAT Math & Executive Assessment courses
  • MBA Admissions Consulting now available
  • 🏆 2025 EdTech Breakthrough Award: Test Prep Solution Provider of the Year
  • 200,000+ students served
  • 5-day free trial — $0 to start, no auto-billing, cancel anytime
★★★★★ 5.0 (559 reviews)
130-pt guarantee
$0 to start then $127/mo
Start Free 5-Day Trial Read 559 Reviews →

Gmat Prep_01

Expert replies
Post new topic Post Reply
Previous Topic Next Topic
Senior | Next Rank: 100 Posts
Posts: 54
Joined: Tue Feb 02, 2010 5:17 am
Thanked: 2 times
by gdk800 » Sun Nov 28, 2010 9:58 pm
A certain bank charges a certain maintenance fee on standard checking account each month if the balance falls below $1000 at any time during the month. Did the bank charge a maintenance fee on Sue's standard checking account last month?

(1) At the beginning of last month, Sue's account balance was $1500.
(2) During last month, a total of $2000 was withdrawn from Sue's checking account.

OA is E

I had marked C.
Top
Join the discussion
Log in to postLogin with Googleuse password
QUOTE IN REPLY
Source: — Data Sufficiency |
User avatar
Community Manager
Posts: 991
Joined: Thu Sep 23, 2010 6:19 amFollowed by: 24 members
Location: Bangalore, India
Thanked: 146 times

by shovan85 » Sun Nov 28, 2010 10:42 pm
gdk800 wrote:A certain bank charges a certain maintenance fee on standard checking account each month if the balance falls below $1000 at any time during the month. Did the bank charge a maintenance fee on Sue's standard checking account last month?

(1) At the beginning of last month, Sue's account balance was $1500.
(2) During last month, a total of $2000 was withdrawn from Sue's checking account.

OA is E

I had marked C.
1. You know how much money she has in the beginning.
It is 1500 which is > 1000. So, there is no charge.
But how during the month any time if falls below 1000 then maintenance fees will be charged.

Not Sufficient.

2. After withdrawal of 2000 we dont know the balance in her account.

Not Sufficient.

Combine both,

1500 initial
2000 withdrawal during the month...

In that month there is no mention of any other transaction to that account. There might be some deposits. This thing is completely vague in the question.

So Not Sufficient.
If the problem is Easy Respect it, if the problem is tough Attack it
Top
Join the discussion
Log in to postLogin with Googleuse password
QUOTE IN REPLY
Senior | Next Rank: 100 Posts
Posts: 61
Joined: Sun Mar 13, 2011 12:34 pm
Thanked: 1 times

by luiscarlos59 » Mon Jan 30, 2012 8:03 pm
its also possible to withdraw the 2,000 before the beginning of last month and have a balance of 1,500 just after..
Top
Join the discussion
Log in to postLogin with Googleuse password
QUOTE IN REPLY
Post new topic Post Reply
• Page 1 of 1