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

Redeem

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.

★★★★★5.0559 reviews
GMATLiveTeach 7 seats left
Chris Peckover
NEXT LIVE COHORT

Oct 13 to Jan 7, 2027

with Chris Peckover

Schedule
Tue, Thu · 8:00 to 10:00 PM ET
Included
40 live hours + 6 months of GMAT OnDemand
  • Live instruction and real-time questions
  • Class recordings and assigned practice
View class & enroll
Limited cohort · enrollment openTarget Test Prep
EALiveTeach 5 seats left
Logan Thompson
EXECUTIVE ASSESSMENT

Sep 6 to Dec 6, 2026

with Logan Thompson

Schedule
Sun · 9:30 AM to 12:30 PM ET
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
Limited cohort · enrollment openTarget Test Prep
GMATOnDemand Start 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

Compare the format, schedule, and included access before enrolling. Prices and seat counts shown reflect the supplied offer details.

Is there a faster way>

Expert replies
by alex.gellatly » Sat Jun 23, 2012 7:16 pm
Billy has an unlimited supply of the following coins: pennies (1¢), nickels (5¢), dimes (10¢), quarters (25¢), and half-dollars (50¢). On Monday, Billy bought one candy for less than a dollar and paid for it with exactly four coins (i.e., he received no change). On Tuesday, he bought two of the same candy and again paid with exactly four coins. On Wednesday, he bought three of the candies, on Thursday four of the candies, and on Friday five of the candies; each day he was able to pay with exactly four coins. Which of the following could be the price of one candy in cents?


8¢
13¢
40¢
53¢
66¢

I solved this the very slow way of checking each answer choice.... is there a faster way?
Thanks
Join the discussion
Source: — Problem Solving |

by Anurag@Gurome » Sat Jun 23, 2012 9:43 pm
alex.gellatly wrote:Billy has an unlimited supply of the following coins: pennies (1¢), nickels (5¢), dimes (10¢), quarters (25¢), and half-dollars (50¢). On Monday, Billy bought one candy for less than a dollar and paid for it with exactly four coins (i.e., he received no change). On Tuesday, he bought two of the same candy and again paid with exactly four coins. On Wednesday, he bought three of the candies, on Thursday four of the candies, and on Friday five of the candies; each day he was able to pay with exactly four coins. Which of the following could be the price of one candy in cents?
Note that values of the all of the coins are multiple of 5 except the pennies. Hence, if the total price of the candies is of the form (5n + 4), then we need 4 pennies alone to cover the remainder of 4. Hence, the price of one or two or three or four or five candies cannot be of the form (5n + 4)

Let us check the options accordingly,
  • A. 8 --> 3*8 = 24 = (4*5 + 4) --> NO
    B. 13 --> 3*13 = 39 = (7*5 + 4) --> NO
    A. 40 --> All multiples are divisible by 5 --> YES
    A. 53 --> 3*53 = 159 = (31*5 + 4) --> NO
    A. 66 --> 4*66 = (52*5 + 4) --> NO
The correct answer is C.
Anurag Mairal, Ph.D., MBA
GMAT Expert, Admissions and Career Guidance
Gurome, Inc.
1-800-566-4043 (USA)

Join Our Facebook Groups
GMAT with Gurome
https://www.facebook.com/groups/272466352793633/
Admissions with Gurome
https://www.facebook.com/groups/461459690536574/
Career Advising with Gurome
https://www.facebook.com/groups/360435787349781/
Join the discussion

by passionatepursuer!! » Sun Jul 08, 2012 5:27 am
Hi Anurag,

Thanks for your post.
I have been able to solve it by plugging in options on equation however need quick solution. I don't quite understand the solution below. Please elaborate how you derived equation '5n+4' and why you multiplied each option to get '5n+4'?
Anurag@Gurome wrote:
alex.gellatly wrote:Billy has an unlimited supply of the following coins: pennies (1¢), nickels (5¢), dimes (10¢), quarters (25¢), and half-dollars (50¢). On Monday, Billy bought one candy for less than a dollar and paid for it with exactly four coins (i.e., he received no change). On Tuesday, he bought two of the same candy and again paid with exactly four coins. On Wednesday, he bought three of the candies, on Thursday four of the candies, and on Friday five of the candies; each day he was able to pay with exactly four coins. Which of the following could be the price of one candy in cents?
Note that values of the all of the coins are multiple of 5 except the pennies. Hence, if the total price of the candies is of the form (5n + 4), then we need 4 pennies alone to cover the remainder of 4. Hence, the price of one or two or three or four or five candies cannot be of the form (5n + 4)

Let us check the options accordingly,
  • A. 8 --> 3*8 = 24 = (4*5 + 4) --> NO
    B. 13 --> 3*13 = 39 = (7*5 + 4) --> NO
    A. 40 --> All multiples are divisible by 5 --> YES
    A. 53 --> 3*53 = 159 = (31*5 + 4) --> NO
    A. 66 --> 4*66 = (52*5 + 4) --> NO
The correct answer is C.
Join the discussion

by Anurag@Gurome » Sun Jul 08, 2012 6:18 am
passionatepursuer!! wrote:... I don't quite understand the solution below. Please elaborate how you derived equation '5n+4' and why you multiplied each option to get '5n+4'?
Values of the all of the coins are multiples of 5 except the pennies.
Hence, if the total price of the candies is 4 more than multiple of 5 (like 14, 29, 44 etc), i.e. of the form (5n + 4) for any non-negative integer n, then we need 4 pennies alone to cover the remainder of 4.

Hence, the price of one or two or three or four or five candies cannot be 4 more than a multiple of 5, i.e. of the form (5n + 4)

So our job is to check whether the given options satisfy this condition.
For example, for option A, price of one candy is 8 cents.
Hence, price of three candies is 3*8 = 24 = 4 more than 20 --> Not possible
This is because we cannot pay 24 cents with any three of the given coins.

Hope that helps.
Anurag Mairal, Ph.D., MBA
GMAT Expert, Admissions and Career Guidance
Gurome, Inc.
1-800-566-4043 (USA)

Join Our Facebook Groups
GMAT with Gurome
https://www.facebook.com/groups/272466352793633/
Admissions with Gurome
https://www.facebook.com/groups/461459690536574/
Career Advising with Gurome
https://www.facebook.com/groups/360435787349781/
Join the discussion

by passionatepursuer!! » Tue Jul 10, 2012 9:28 pm
Thanks again.
That makes sense, that's a very thought over trick for a quick answer I think I need to build it with practice.
:)
Join the discussion