Find all School-related info fast with the new School-Specific MBA Forum

It is currently 19 Jun 2013, 00:52
Customize  |  Hide

Jennifer has 60 dollars more than Brian. If she were to give

  Question banks Downloads My Bookmarks Reviews  
Author Message
TAGS:
Director
Director
Status: Preparing for the 4th time -:(
Joined: 25 Jun 2011
Posts: 547
Location: United Kingdom
Concentration: International Business, Strategy
GMAT Date: 06-22-2012
GPA: 2.9
WE: Information Technology (Consulting)
Followers: 8

Kudos [?]: 71 [0], given: 212

GMAT Tests User
Jennifer has 60 dollars more than Brian. If she were to give [#permalink] New post 11 Mar 2012, 13:14
00:00

Question Stats:

71% (00:00) correct 28% (03:10) wrong based on 7 sessions
Jennifer has 60 dollars more than Brian. If she were to give Brian 1/5 of her money, Brian would have 25% less than the amount that Jennifer would then have. How much money does Jennifer have?

A. 40
B. 100
C. 120
D. 140
E. 180

I got the answer wrong and the correct answer is B. I worked to get to B but I have the doubt which I highlighted below. Why it will be 75% and not 25%?

If we denote the amount of money owned by Jennifer as j and that owned by Brian as b, we can create two equations based on the information in the problem. First, Jennifer has 60 dollars more than Brian: j = b + 60.

Second, if she were to give Brian 1/5 of her money, she would have j – (1/5)j = (4/5)j dollars. Brian would then have b + (1/5)j dollars. Therefore, since Brian’s amount of money would be 75% of Jennifer’s, we can create another equation: b + (1/5)j = (0.75)(4/5)j, which can be simplified as follows:
b + (1/5)j = (0.75)(4/5)j
b + (1/5)j = (3/4)(4/5j)
b + (1/5)j = (3/5)j
b = (3/5)j – (1/5)j
b = (2/5)j

Substitute this expression for b back into the first equation, then solve for j:
j = b + 60
j = (2/5)j + 60
j – (2/5)j = 60
(3/5)j = 60
j = (60)(5/3) = 100
Therefore, Jennifer has 100 dollars.
[Reveal] Spoiler: OA

_________________

Best Regards,
E.

MGMAT 1 --> 530
MGMAT 2--> 640
MGMAT 3 ---> 610 :-(


Last edited by Bunuel on 11 Mar 2012, 13:34, edited 1 time in total.
Edited the OA
GMAT Club team member
User avatar
Joined: 02 Sep 2009
Posts: 12099
Followers: 1877

Kudos [?]: 10106 [0], given: 960

Re: Money with Jennifer and Brian [#permalink] New post 11 Mar 2012, 13:33
Jennifer has 60 dollars more than Brian. If she were to give Brian 1/5 of her money, Brian would have 25% less than the amount that Jennifer would then have. How much money does Jennifer have?
A. 40
B. 100
C. 120
D. 140
E. 180

Jennifer has 60 dollars more than Brian --> J=B+60;

If Jennifer were to give Brian 1/5 of her money, she would have 4/5*J and Brian would have B+1/5*J=(J-60)+1/5*J;

After that Brian would have 25% less than the amount that Jennifer would then have, so Brian would have 100%-25%=75% (3/4th) of the amount that Jennifer would then have --> 3/4*(4/5*J)=(J-60)+4/5*J --> 3J/5=6J/5-60 --> 3J=6J-300 --> J=100.

Answer: B.

Hope it's clear.

P.S. Notice that this question is a good candidate for backsolving.
_________________

PLEASE READ AND FOLLOW: 11 Rules for Posting!!!

RESOURCES: [GMAT MATH BOOK]; 1. Triangles; 2. Polygons; 3. Coordinate Geometry; 4. Factorials; 5. Circles; 6. Number Theory; 7. Remainders; 8. Overlapping Sets; 9. PDF of Math Book; 10. Remainders

COLLECTION OF QUESTIONS:
PS: 1. Tough and Tricky questions; 2. Hard questions; 3. Hard questions part 2; 4. Standard deviation; 5. Tough Problem Solving Questions With Solutions; 6. Probability and Combinations Questions With Solutions; 7 Tough and tricky exponents and roots questions; 8 12 Easy Pieces (or not?); 9 Bakers' Dozen; 10 Algebra set. NEW!!! ,11 Mixed Questions NEW!!!, 12 Fresh Meat NEW!!!

DS: 1. DS tough questions; 2. DS tough questions part 2; 3. DS tough questions part 3; 4. DS Standard deviation; 5. Inequalities; 6. 700+ GMAT Data Sufficiency Questions With Explanations; 7 Tough and tricky exponents and roots questions; 8 The Discreet Charm of the DS ; 9 Devil's Dozen!!!; 10 Number Properties set. NEW!!!, 11 New DS set. NEW!!!


What are GMAT Club Tests?
25 extra-hard Quant Tests

Find out what's new at GMAT Club - latest features and updates

Manager
Manager
Joined: 07 Aug 2011
Posts: 54
Concentration: Entrepreneurship, Finance
GPA: 3.87
Followers: 0

Kudos [?]: 0 [0], given: 1

Re: Jennifer has 60 dollars more than Brian. If she were to give [#permalink] New post 11 Mar 2012, 16:17
This is how I did it. Could someone tell me if it is flawed or if you can do it this way?

J-60 = Brian's money
J(.2) = Amount given to Brian
J(.8) = Jennifer after giving away money
J(.75) = Percentage of Jennifer's money that Brian's is after she gave him .25 of her money

Brian + Money Jennifer gave to Brian = Jennifer's money after giving to brign * Percentage of Jennifer's money that Brian's money is equal to.

J-60+J(.2)=J(.8)(.75)
J-60+J(.2)=J(.6)
J-60=J(.6)-J(.2)
J-60=J(.4)
J-J(.4)=60
J(.6)=60
J=100
GMAT Club team member
User avatar
Joined: 02 Sep 2009
Posts: 12099
Followers: 1877

Kudos [?]: 10106 [0], given: 960

Re: Jennifer has 60 dollars more than Brian. If she were to give [#permalink] New post 11 Mar 2012, 23:52
Stoneface wrote:
This is how I did it. Could someone tell me if it is flawed or if you can do it this way?

J-60 = Brian's money
J(.2) = Amount given to Brian
J(.8) = Jennifer after giving away money
J(.75) = Percentage of Jennifer's money that Brian's is after she gave him .25 of her money

Brian + Money Jennifer gave to Brian = Jennifer's money after giving to brign * Percentage of Jennifer's money that Brian's money is equal to.

J-60+J(.2)=J(.8)(.75)
J-60+J(.2)=J(.6)
J-60=J(.6)-J(.2)
J-60=J(.4)
J-J(.4)=60
J(.6)=60
J=100


Your approach is correct, basically it's the same as mine: you just use decimals instead of fractions.
_________________

PLEASE READ AND FOLLOW: 11 Rules for Posting!!!

RESOURCES: [GMAT MATH BOOK]; 1. Triangles; 2. Polygons; 3. Coordinate Geometry; 4. Factorials; 5. Circles; 6. Number Theory; 7. Remainders; 8. Overlapping Sets; 9. PDF of Math Book; 10. Remainders

COLLECTION OF QUESTIONS:
PS: 1. Tough and Tricky questions; 2. Hard questions; 3. Hard questions part 2; 4. Standard deviation; 5. Tough Problem Solving Questions With Solutions; 6. Probability and Combinations Questions With Solutions; 7 Tough and tricky exponents and roots questions; 8 12 Easy Pieces (or not?); 9 Bakers' Dozen; 10 Algebra set. NEW!!! ,11 Mixed Questions NEW!!!, 12 Fresh Meat NEW!!!

DS: 1. DS tough questions; 2. DS tough questions part 2; 3. DS tough questions part 3; 4. DS Standard deviation; 5. Inequalities; 6. 700+ GMAT Data Sufficiency Questions With Explanations; 7 Tough and tricky exponents and roots questions; 8 The Discreet Charm of the DS ; 9 Devil's Dozen!!!; 10 Number Properties set. NEW!!!, 11 New DS set. NEW!!!


What are GMAT Club Tests?
25 extra-hard Quant Tests

Find out what's new at GMAT Club - latest features and updates

Manager
Manager
Joined: 16 Dec 2011
Posts: 51
GMAT Date: 04-23-2012
Followers: 0

Kudos [?]: 0 [0], given: 12

Re: Jennifer has 60 dollars more than Brian. If she were to give [#permalink] New post 12 Mar 2012, 07:11
assume B = x
J= x +60
1/5J = x/5 +12
J= 4/5X+48
B x+x/5+12
now 25/100*4/5x +25/100*48
x/5+12
implies 4/5x +48- x/5-12
implies 6/5x+12= 3/5X36
implies X = 40
we are looking for jenifer its x +60 so jenifier is 100
Manager
Manager
User avatar
Joined: 16 Sep 2011
Posts: 107
Location: India
Concentration: Strategy
GMAT 1: 660 Q44 V37
GPA: 2.54
WE: Military Officer (Military & Defense)
Followers: 9

Kudos [?]: 40 [0], given: 72

Re: Jennifer has 60 dollars more than Brian. If she were to give [#permalink] New post 12 Mar 2012, 07:45
My Way of doing it :-

Brian= x
Jenifer= 60+x
When jenifer gave one fifth of her money to brian ,then money with brian will be equal to 75% of the money that is remaining with Jenifer. So we can make the following equation :

x+1/5(60+x)= 75%[60+x-1/5(60+x)
Solve it and you will get:

x= 40
and amount with jenifer will be = 60+x
= 60+40= 100

I hope the simple explanation helps.
_________________

If you like my post, Press +1 KUDO. It is the best way to say Thanks .

Manager
Manager
Joined: 02 Jan 2011
Posts: 201
Followers: 1

Kudos [?]: 22 [0], given: 22

GMAT Tests User
Re: Jennifer has 60 dollars more than Brian. If she were to give [#permalink] New post 12 Mar 2012, 08:02
If B = x
J = B + 60 = x + 60 ----(1)

(75%)(4/5)(J) = B + (1/5)(J)

We get (2/5)*J = B ----(2)

Substitute (2) in (1)

J = 100; B = 40

I hope I am clear with the solution
Re: Jennifer has 60 dollars more than Brian. If she were to give   [#permalink] 12 Mar 2012, 08:02
    Similar topics Author Replies Last post
Similar
Topics:
New posts Q. She can eat more than me but she is not as fat as I. bat_car 6 21 Feb 2004, 10:05
New posts 5 The city will lose more than one million dollars in marcodonzelli 5 02 Mar 2008, 13:19
New posts Jennifer and Brian Orange08 5 16 Oct 2010, 13:49
New posts The city will lose more than one million dollars in solarzj 1 06 Jun 2012, 13:14
New posts Experts publish their posts in the topic Lois has x dollars more than Jim has, and together they have Walkabout 1 20 Dec 2012, 08:04
Display posts from previous: Sort by

Jennifer has 60 dollars more than Brian. If she were to give

  Question banks Downloads My Bookmarks Reviews  


GMAT Club MBA Forum Home| About| Privacy Policy| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group and phpBB SEO

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.