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# Stamps

Author Message
Manager
Joined: 07 Jul 2003
Posts: 56
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Stamps [#permalink]  10 Feb 2004, 12:31
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Question Stats:

0% (00:00) correct 0% (00:00) wrong based on 0 sessions
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Kim bought a total of $2.65 worth of postage stamps in four denominations. If she bought an equal number of 5-cent and 25-cent stamps and twice as many 10-cent stamps as 5-cent stamps, what is the least number of 1-cent stamps she could have bought ? (A) 5 (B) 10 (C) 15 (D) 20 (E) 25 Please explain in lenght.. GMAT Club Legend Joined: 15 Dec 2003 Posts: 4308 Followers: 30 Kudos [?]: 251 [0], given: 0 [#permalink] 10 Feb 2004, 12:55 Let X be the number of 5cents stamps. We know though that number of 5cents stamps = number of 10cents stamps. Then, we know that .05X + .25X + .10(2X) = .50X 2.65 / .5 = 5 remainder .15. Therefore least number of 1cent stamp is C)15 _________________ Best Regards, Paul Senior Manager Joined: 23 Aug 2003 Posts: 461 Location: In the middle of nowhere Followers: 1 Kudos [?]: 12 [0], given: 0 [#permalink] 10 Feb 2004, 13:01 Let X be the no of 5 cent stamps Let Y be the no of 1 cent stamps The equation would be 5X+25X+10*2X+Y=265 50X+Y=265 Y=15. Vivek. _________________ "Start By Doing What Is Necessary ,Then What Is Possible & Suddenly You Will Realise That You Are Doing The Impossible" SVP Joined: 30 Oct 2003 Posts: 1794 Location: NewJersey USA Followers: 5 Kudos [?]: 47 [0], given: 0 [#permalink] 10 Feb 2004, 13:02 Minimum no of each denomination stamps he can buy is 1 Let us say he buys 1 5 cent stamp = 5c then he buys 1 25 cent stamp as well = 25c then he also buys 2 10 cent stamps = 20c Total = 50c for three different stamps We know that he spent$2.65 or 265cents on these stamps.
Since 265 is not divisible by 50 we chose the next highest number less than 265. That number is 250. So maximum he can spend 250 cents buying 5, 10 and 25 cent stamps.
265-250 = 15 are the least number of 1 cent stamps he can buy.
Manager
Joined: 07 Jul 2003
Posts: 56
Followers: 2

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

Vivek
how did you figure that y=15..
you have two unknowns and 1 equation. Please explain
_________________

Attain Moksha

Manager
Joined: 07 Jul 2003
Posts: 56
Followers: 2

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

Oops sorry,
didnt see that you mentioned x=5 cent stamps..

Thanks everyone..
_________________

Attain Moksha

SVP
Joined: 30 Oct 2003
Posts: 1794
Location: NewJersey USA
Followers: 5

Kudos [?]: 47 [0], given: 0

let me barge in

Vivek's equation is
50X + Y = 265 = 5*50 + 15
so he equates similar terms on both the sides
50X = 5*50
and Y = 15
This can be done in case of simple equations.
Manager
Joined: 28 Jan 2004
Posts: 203
Location: India
Followers: 2

Kudos [?]: 17 [0], given: 4

15 is correct. Vivek's approach is the easiest and the best in this case.
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