Beth's bank charges a service fee on a regular checking : GMAT Data Sufficiency (DS)
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Beth's bank charges a service fee on a regular checking

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Beth's bank charges a service fee on a regular checking [#permalink]

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Beth's bank charges a service fee on a regular checking account for each month in which the balance on the account falls below $100 at any time during the month. Did the bank charge a service fee on Beth's regular checking account last month?

(1) During last month, a total of $1,000 was withdrawn from Beth's regular checking account.
(2) At the beginning of last month, Beth's regular checking account balance was $500.
[Reveal] Spoiler: OA
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New post 23 Feb 2012, 07:47
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BANON wrote:
Beth's bank charges a service fee on a regular checking account for each month in which the balance on the account falls below $100 at any time during the month. Did the bank charge a service fee on Beth's regular checking account last month?

(1) During last month, a total of $1,000 was withdrawn from Beth's regular checking account.
(2) At the beginning of last month, Beth's regular checking account balance was $500.


Perfect example how the GMAT tries to trick us. Remember do not assume anything that is not explicitly stated: do we know whether Beth deposited during last month? No! Since no information is given about the depositing then the answer is straight E.
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Re: Beth's bank charges a service fee on a regular checking [#permalink]

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Re: Beth's bank charges a service fee on a regular checking [#permalink]

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New post 26 Oct 2014, 08:16
This is a nice question, but I am surprised that it is a 600-700 range question. First when I saw this question I thought it must be from the 700+ bucket...Awesome Explanation Bunuel...I solved it the same way using critical reasoning technique. Statement 1 does not tell us anything about the account balance after the money was withdrawn. Statement 2 only gives the information about the account balance at the start of the month. But the question stem says that the bank charges service fees if the account balance falls below $100 "at any time" . We don't really know what happened to the account throughout the month - were there any deposits or any additional withdrawals. Hence Statement 1 & 2 combined does not fetch us any useful information. Answer is a def 'E'.
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Re: Beth's bank charges a service fee on a regular checking [#permalink]

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New post 02 Feb 2016, 12:39
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Re: Beth's bank charges a service fee on a regular checking   [#permalink] 02 Feb 2016, 12:39
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