Live GMAT classes with Target Test Prep start Nov 21 and Nov 22. First class free.

See classes
Target Test Prep · GMAT

Choose how you want to prepare

Learn live with an expert or move at your own pace. Every option includes the complete TTP study system.

Newsweek Readers’ Choice Awards 2026 winner: Target Test Prep, #1 Test Prep

Target Test Prep was voted #1 Best Test Prep in the 2026 Newsweek Readers’ Choice™ Awards.

★★★★★5.0563 reviews
GMATLiveTeachStarts Nov 22
Josh Braslow, Target Test Prep GMAT expert
LIVE ONLINE CLASSES

Get Ready for GMAT Test Day Faster with Live Online Classes

with Josh Braslow, 20+ years in test prep

Nov 22 · Josh Braslow
Sun · 9:30 AM to 12:30 PM ET
Included
40 hours of live online classes + 6 months of TTP OnDemand
  • Attend the first class for free
  • Every class is recorded, so you never fall behind
View classes & enroll
Limited seats availableTarget Test Prep
EALiveTeachOnDemandStart anytime
EXECUTIVE ASSESSMENT

Target Test Prep EA OnDemand

Self-paced EA prep. Study on your schedule.

EXECUTIVE ASSESSMENT

with

165+ EA score guarantee
$05-day trial no automatic billing
Schedule
Included
40 hours of live online classes plus six months of access to the complete TTP EA OnDemand course.
  • 165+ EA Score Guarantee
  • 4,100+ Quant, Verbal, and Integrated Reasoning practice questions
  • 400+ hours of in-depth video lessons
  • 3,000+ step-by-step video solutions
View EA class & enroll Start free 5-day trial
Limited cohort · enrollment openTrial includes full course accessTarget Test Prep
GMATOnDemandStart anytime
SELF-PACED MASTERCLASS

Target Test Prep GMAT OnDemand

Complete access from day one. Study on your schedule.

715+ score guarantee
$0to start then $127/mo
  • Personalized study plan and analytics
  • Thousands of lessons and practice questions

prep question

Expert replies
by jamesk486 » Wed May 30, 2007 12:40 pm
Under a certain company's medical insurance plan, the amount an employee must pay for medical expenses consists of payment of the first $450 of expenses plus 20% of additional expenses, up to a maximum total payment of $1,350 per year. All remaining expenses are paid by the plan. Last year, if an employee paid the maximum amount for medical expenses, what is the last amount that the plan could have paid?
(A) $720
(B) $1080
(C) $3600
(D) $4500
(E) $4950
Join the discussion
Source: — Problem Solving |

by mschling52 » Wed May 30, 2007 1:18 pm
Is the answer C - 3600?

Set up an equation for the amount paid by the employee

P = 450 + 0.2x,

where x is the loss amount above $450. Then set this equation equal to the maximum employee payment to figure out the value of x required for the employee to max out his payments

450 + 0.2x = 1350
0.2x = 900
x = 4500

So we know that there must be a loss of $4500 for the employee to max out his payment. In this case, the plan would pay 80% of losses over $450, so

0.8 * x = 0.8 * 4500 = $3600.
Last edited by mschling52 on Wed May 30, 2007 1:19 pm, edited 1 time in total.
Join the discussion

by zozo123 » Wed May 30, 2007 1:19 pm
1350-450 = 900

900$ = 20% then the 80% are paid by the plan.
(900/0.2) * 0.8 = 3600$


=> Answer C
Join the discussion

by f2001290 » Thu May 31, 2007 12:39 am
One more for C
Join the discussion

by 800GMAT » Fri Jun 01, 2007 1:15 pm
450 + 0.2x =1350

the insurance will pay 80% of x

solving for x and substituting in 0.8x
= 3600

C
Join the discussion