Mark has fewer than 9 coins. Each coin is either a quarter

This topic has expert replies
Moderator
Posts: 7187
Joined: Thu Sep 07, 2017 4:43 pm
Followed by:23 members

Timer

00:00

Your Answer

A

B

C

D

E

Global Stats

Mark has fewer than 9 coins. Each coin is either a quarter (worth $0.25) or a dime (worth $0.10). How many dimes does Mark have?

(1) The total value of Mark's coins is $1.70

(2) Mark has three times as many quarters as he has dimes.

OA A

Source: Magoosh
Source: — Data Sufficiency |

GMAT/MBA Expert

User avatar
GMAT Instructor
Posts: 3008
Joined: Mon Aug 22, 2016 6:19 am
Location: Grand Central / New York
Thanked: 470 times
Followed by:34 members

by Jay@ManhattanReview » Thu Sep 12, 2019 9:53 pm

Timer

00:00

Your Answer

A

B

C

D

E

Global Stats

BTGmoderatorDC wrote:Mark has fewer than 9 coins. Each coin is either a quarter (worth $0.25) or a dime (worth $0.10). How many dimes does Mark have?

(1) The total value of Mark's coins is $1.70

(2) Mark has three times as many quarters as he has dimes.

OA A

Source: Magoosh
Already responded. Find it here: https://www.beatthegmat.com/mark-has-fe ... 05764.html

Hope this helps!

-Jay
_________________
Manhattan Review GMAT Prep

Locations: GMAT Classes Zurich | GMAT Prep Courses Jakarta | LSAT Prep Courses Dallas | SAT Prep Classes Las Vegas | and many more...

Schedule your free consultation with an experienced GMAT Prep Advisor! Click here.

Legendary Member
Posts: 2214
Joined: Fri Mar 02, 2018 2:22 pm
Followed by:5 members

by deloitte247 » Sat Sep 21, 2019 7:40 am

Timer

00:00

Your Answer

A

B

C

D

E

Global Stats

Question: How many dimes does Mark have?
Q + D < 9
IQ = $0.25
ID = $0.10

Statement 1: The total value of Mark's coin is $1.70.
0.25Q + 0.1D = $1.70
$$D=\frac{1.70-0.25Q}{0.1}\ \ \ \ \ \left(make\ D\ the\ subject\ of\ the\ formula\right)$$
Remember that;
Q + D < 9
So, we have
$$\frac{Q}{1}+\frac{1.70-0.25Q}{0.1}\ <9$$
$$0.1Q+1.70-0.25Q\ <0.9$$
$$-0.15Q\ <0.9-1.70$$
$$-0.15Q\ <-0.8$$
$$\frac{\left(-0.15Q\ \right)}{-0.15}<-\frac{0.8}{-0.15}\ \ \ \ \left(divide\ through\ by\ -0.15\right)$$
Note: When diving with a negative coefficient in inequality, the inequality sign will change (i.e '<' will change to '>')
$$Q>5.3$$
From this expression, the quarters are greater than 5. So, if quarters=6 = 6 * $0.25 = $1.5.
Hence, dimes = 2, giving a total of 8 coins.
However, if you take 7 quarters, then the total value will be above $1.70 (i.e which is $1.75). So, quarters = 6 and dimes = 2.
Therefore, statement 1 is SUFFICIENT.

Statement 2: Mark has three dimes as many quarters as he has dimes.
Q = 3D;
There is no information about the total amount. Hence, statement 2 is NOT SUFFICIENT.

Conclusively, since only statement 1 is SUFFICIENT, then the correct answer is Option A.

Thanks