A father distributed his total wealth to his two sons. How

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Princeton Review

A father distributed his total wealth to his two sons. How much wealth did the father have?

1) The elder son received 3/5 of the wealth.
2) The younger son received $30,000.

OA C

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by fskilnik@GMATH » Mon Dec 10, 2018 7:33 am

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AAPL wrote:Princeton Review

A father distributed his total wealth to his two sons. How much wealth did the father have?

1) The elder son received 3/5 of the wealth.
2) The younger son received $30,000.
All numbers are in thousands of dollars.
$$? = W$$
$$\left( {Y\, = \,\,{\text{younger}}\,\,{\text{part}}\,\,{\text{,}}\,\,\,E = {\text{elder}}\,\,{\text{part}}} \right)$$
$$\left( 1 \right)\,\,\left\{ \matrix{
\,{\rm{Take}}\,\,\left( {Y,E} \right)\, = \left( {30,45} \right)\,\,\,\,\, \Rightarrow \,\,\,\,? = 75\,\, \hfill \cr
\,{\rm{Take}}\,\,\left( {Y,E} \right)\, = \left( {20,30} \right)\,\,\,\,\, \Rightarrow \,\,\,\,\,? = 50\,\, \hfill \cr} \right.$$
$$\left( 2 \right)\,\,\left\{ \matrix{
\,\left( {{\mathop{\rm Re}\nolimits} } \right){\rm{Take}}\,\,\left( {Y,E} \right)\, = \left( {30,45} \right)\,\,\,\,\, \Rightarrow \,\,\,? = 75\,\, \hfill \cr
\,{\rm{Take}}\,\,\left( {Y,E} \right)\, = \left( {30,40} \right)\,\,\,\,\, \Rightarrow \,\,\,? = 70\,\, \hfill \cr} \right.\,$$
$$\left( {1 + 2} \right)\,\,\,30 = Y = \frac{2}{5}\left( W \right)\,\,\,\,\, \Rightarrow \,\,\,\,? = W = 75$$

This solution follows the notations and rationale taught in the GMATH method.

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Fabio.
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by Brent@GMATPrepNow » Mon Dec 10, 2018 9:20 am

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AAPL wrote:A father distributed his total wealth to his two sons. How much wealth did the father have?

1) The elder son received 3/5 of the wealth.
2) The younger son received $30,000.
Given: A father distributed his total wealth to his two sons.

Target question: How much wealth did the father have?

Statement 1: The elder son received 3/5 of the wealth.
Without any dollar values, there's no way to answer the target question with certainty.
So, statement 1 is NOT SUFFICIENT

Statement 2: The younger son received $30,000.
Okay, we're HALFWAY there! We just need to know how much the older son received.
Statement 2 is NOT SUFFICIENT

Statements 1 and 2 combined
If the elder son received 3/5 of the wealth, then the YOUNGER son received 2/5 of the wealth
Let F = the total value of the Father's wealth
So, (2/5)F = the amount the YOUNGER son received

Statement 2 tells us that the YOUNGER son received $30,000
So, we can write: (2/5)F = 30,000
Solve for F to get: F = 75,000
So, the answer to the target question is the father's wealth = $75,000
Since we can answer the target question with certainty, the combined statements are SUFFICIENT

Answer: C

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by deloitte247 » Sat Dec 15, 2018 6:33 am

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Statement 1
The elderly son received 3/5 of the wealth. We don't know the total wealth so we can't find the 3/5 of the total wealth.
Hence statement 1 is INSUFFICIENT.

Statement 2
The younger son received 30,00 dollar
Total wealth = younger son's share + Elderly son's share
We don't know the elderly son's share, hence statement 2 is INSUFFICIENT.

Combine statement 1 and 2 together
Elder son received 3/5 hence younger son's share = 2/5

Younger son received 30,000 dollars, hence
2/5 of his total wealth = 30,000 dollars
let total wealth=w
$$\frac{2}{5}\cdot w=30,000$$
$$w=\frac{30000}{\frac{2}{5}}$$
$$w=75,000\ dollars$$
Two statements combined together are SUFFICIENT.
$$answer\ is\ option\ C$$