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 →

Suit cost

Expert replies
Post new topic Post Reply
Previous Topic Next Topic
User avatar
Legendary Member
Posts: 1665
Joined: Thu Nov 03, 2011 7:04 pmFollowed by: 70 members
Thanked: 165 times
by karthikpandian19 » Wed Jan 04, 2012 9:47 pm
Ten suits, each priced at a whole number
of dollars, have an average price of $350.
If the five cheapest suits are priced at
$200 or less with at least one of them
costing $200, what is the maximum
possible price of the most expensive suit?
A. $890
B. $1250
C. $1475
D. $1694
E. $2492
Top
Join the discussion
Log in to postLogin with Googleuse password
QUOTE IN REPLY
Source: — Problem Solving |
User avatar
Legendary Member
Posts: 626
Joined: Fri Dec 23, 2011 2:50 amFollowed by: 10 members
Location: Ahmedabad
Thanked: 31 times

by ronnie1985 » Wed Jan 04, 2012 11:41 pm
Considering that the 5 suits each cost $200, the cost of 5 suits should be more than $2500. Now assuming that ach of teh 4 suits, except the costliest one cost $201, the cost of costliest suit should be $2500-(4*201) = $1656, which is less than the costliest suit as we assumed that the 5 cheapest suits each cost $200. Hence the costliest suit should cost $1694, which is one of the optins.
(D) is the answer.
Follow your passion, Success as perceived by others shall follow you
Top
Join the discussion
Log in to postLogin with Googleuse password
QUOTE IN REPLY
User avatar
Legendary Member
Posts: 1239
Joined: Tue Apr 26, 2011 6:25 amFollowed by: 26 members
Thanked: 233 times
GMAT Score:680

by sam2304 » Wed Jan 04, 2012 11:50 pm
Ten suits

5 Cheapest suits will be <=200 with one = 200. => so 4 suits can be priced as 1$ and other one 200.

We have the price of 5 and one costliest to find rest 4 we can take it to be 201 as the 5 are the cheapest.

201 * 4 = 804

3500-200-4-804 = 2492

IMO E.
Getting defeated is just a temporary notion, giving it up is what makes it permanent.
https://gmatandbeyond.blogspot.in/
Top
Join the discussion
Log in to postLogin with Googleuse password
QUOTE IN REPLY
User avatar
Senior | Next Rank: 100 Posts
Posts: 62
Joined: Wed Oct 26, 2011 2:30 pm
Thanked: 7 times

by santhoshsram » Thu Jan 05, 2012 6:29 pm
E IMO too. Same reason as sam2304.

For a while I thought why not 4 suits at 0. Then realized 4 free suits - stupid of me.
-- Santhosh S
Top
Join the discussion
Log in to postLogin with Googleuse password
QUOTE IN REPLY
User avatar
Legendary Member
Posts: 1665
Joined: Thu Nov 03, 2011 7:04 pmFollowed by: 70 members
Thanked: 165 times

by karthikpandian19 » Thu Jan 05, 2012 8:43 pm
OA is E
Top
Join the discussion
Log in to postLogin with Googleuse password
QUOTE IN REPLY
Post new topic Post Reply
• Page 1 of 1