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Converting into cents for ease of calculation, $0.25 = 25 cents, $0.50 = 50 cents, and $1 = 100 cents
Let number of coins of $1(100 cents) be x
Total number of coins = 8 + 4 + x
Total value of coins = 25(8) + 50(4) + 100(x)

St 1: The total value of the $1 coins in the piggy bank is 50% of the total value of all the coins.
100(x) = \(\frac{1}{2}\) (25(8) + 50(4) + 100(x))
Solving, we get x = 4

St 2: The $1 coins make up 25% of the total number of coins in the piggy bank.
x = \(\frac{1}{4}\) = 8 + 4 + x
Solving, we get x = 4

Hence, option (D) each statement alone is sufficient.
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(1) The total value of the $1 coins in the piggy bank is 50% of the total value of all the coins.

(2) The $1 coins make up 25% of the total number of coins in the piggy bank.

Can set up an equation for each option
1) N = (2 + 2 + N)/2 => solve for N. Sufficient
2) N = (2 + 1 + N)/4 => solve for N. Sufficient

My Choice D
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This one was easier. D.

Both are sufficient alone.

Statement 1
$1 coins are worth half of all the coins.
I know the other coins are worth $4 total, so I can find the value (and therefore the number) of $1 coins.

Statement 2 tells me the $1 coins are one-fourth of the total number of coins.
Since I know how many other coins there are, I can find the number of $1 coins.

Since I can get the answer from either statement alone, I am going with D.
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Warren has exactly three types of coins in his piggy bank: $0.25, $0.50, and $1. If the number of $0.25 coins is 8, and the number of $0.50 coins is 4, how many $1 coins does he have?

(1) The total value of the $1 coins in the piggy bank is 50% of the total value of all the coins.

(2) The $1 coins make up 25% of the total number of coins in the piggy bank.

Here we have 3 nominal coins: $0.25, $0.50, and $1
We know the number of $0.25 coins is 8, and the number of $0.50 coins is 4 and there are also X amount of $1 coins.
What can we do here?! Total value is: $0.25*8+$0.50*4+$1*X.
(1) The total value of the $1 coins in the piggy bank is 50% of the total value of all the coins.=> $0.25*8+$0.50*4=$1*X. We can find X here!
(2) The $1 coins make up 25% of the total number of coins in the piggy bank.=> (8+4+X)/4=X. We can find X here!
So each alone is sufficient
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Bunuel
12 Days of Christmas 2024 - 2025 Competition with $40,000 of Prizes

Warren has exactly three types of coins in his piggy bank: $0.25, $0.50, and $1. If the number of $0.25 coins is 8, and the number of $0.50 coins is 4, how many $1 coins does he have?

(1) The total value of the $1 coins in the piggy bank is 50% of the total value of all the coins.

(2) The $1 coins make up 25% of the total number of coins in the piggy bank.
lets assume warren has x no. of coins of $1 in his piggy bank.

1st - The total value of the $1 coins in the piggy bank is 50% of the total value of all the coins.
Total value of $1 coins = \(\frac{1}{2}\) * (Total of all)

Total of all = (0.25*8) + (0.5*4) + (1*x) = 2 + 2 + x = 4 + x
Total value of $1 coins = x
Therefore,
\(x = \frac{1}{2} * (x+4)\)
after solving,
we get x = 4
Sufficient.

2nd - The $1 coins make up 25% of the total number of coins in the piggy bank.
we have $0.25 coins is 8, $0.50 coins is 4 and we assume x as $1 coins.
as per statement,
\(x = \frac{1}{4} * (8+4+x)\)
\(4x = 12 + x\)
\(3x = 12\)
\(x = 4\)
Sufficient.

Answer is D.
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Hi All,

According to me,

Given

Three types of coin only- 0.25$,0.5$ and 1$

Count for these coins
0.25$ - 8 coins (Total value= 0.25 x 8 --> 2 $)
0.5$ - 4 coins (Total value= 0.5 x 4 --> 2$)
1$ - A coins ( We are assuming there are A no of coins with 1 $ denomination, total value = 1xA-->A )

Question: Need to find A


Statement 1: The total value of the $1 coins in the piggy bank is 50% of the total value of all the coins.

According to the statement --> A = 0.5(2+2+A)

Solving this, we get A= 4, therefore there are 4 ,1$ coins. Sufficient Statement


Statement 2: The $1 coins make up 25% of the total number of coins in the piggy bank.

According to the statement --> A = 0.25(8+4+A)

Solving this , we get A=4, therefore there are 4 ,1$ coins. Sufficient Statement


Hence , D should be the answer as both statements are suffiecint independently
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Given:

CoinsNumberValue
$0.258$2
$0.54$2
$1x$1*x = $x

Statement 1:
$x = 50% of ($2 + $2 + $x) - We can get the value of x - Hence, sufficient

Statement 2:
x = 25% of (8 + 4 + x) - We can get the value of x - Hence, sufficient

Since each statement alone is sufficient, the correct answer is D
Bunuel
12 Days of Christmas 2024 - 2025 Competition with $40,000 of Prizes

Warren has exactly three types of coins in his piggy bank: $0.25, $0.50, and $1. If the number of $0.25 coins is 8, and the number of $0.50 coins is 4, how many $1 coins does he have?

(1) The total value of the $1 coins in the piggy bank is 50% of the total value of all the coins.

(2) The $1 coins make up 25% of the total number of coins in the piggy bank.

 


This question was provided by GMAT Club
for the 12 Days of Christmas Competition

Win $40,000 in prizes: Courses, Tests & more

 

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For Statement 1:
.25*8+.5*4=4 dollars, this has to be the 50% of the total amount constituted by 1 dollar has to be the remaining 50% of the total amount. Therefore, A stays
For Statement 2:
8+4=12 coins given, which happen to be 75% of the total coins, therefore 12/.75=16, we get 4 coins of 1 dollar.
Option D, in my opinion.
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From the task, we know that Warren has 8 quarters, or 2 dollars; and 4 fifties, or 2 dollars as well => so, he has 4 dollars and 12 coins total, not counting 1-dollar coins.

[1] If 4 dollars from non-1$ coins is 50%, then he has 4 more dollars and therefore 4 one-dollar coins. Sufficient.

[2] If 12 non-1$ coins make up 75% of all change, then he has 4 1-dollar coins. Sufficient.

The answer is D.
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Ans: D
Warren has exactly three types of coins in his piggy bank: $0.25, $0.50, and $1. If the number of $0.25 coins is 8, and the number of $0.50 coins is 4, how many $1 coins does he have?

Let's say that number of $1 coins is 'n' and we need to find the value of n.
We can write this equation from the question itself: (0.25)8 +(0.50)4 + (1)n = ?? this is just for the visual cues for us to get going with the question.
Now...

(1) The total value of the $1 coins in the piggy bank is 50% of the total value of all the coins.
from statement 1 we can write
(1)n = (1/2)[(0.25)8 +(0.50)4 + (1)n]
n = (1/2)[2+2+n] => n/2 = 2 => n =4
[Sufficient]

(2) The $1 coins make up 25% of the total number of coins in the piggy bank.
from statement 2 we can write (25%=1/4)
n = (1/4) (8+4+n) => 4n = 12+n => 3n =12=> n = 4
[Sufficient]

Both statements alone are sufficient to answer the question.
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Warren has exactly three types of coins in his piggy bank: $0.25, $0.50, and $1. If the number of $0.25 coins is 8, and the number of $0.50 coins is 4, how many $1 coins does he have?

(1) The total value of the $1 coins in the piggy bank is 50% of the total value of all the coins.
0.25*8= $2 and 0.50*4= $2, Let's assume, there are total 4 numbers of 1 dollar coins. Then, the value of all coins would be, 2+2+4=8 and the value of 1 dollar coin would be $4 which is 50% of the total value of all the coins.

So, (1) is sufficient to answer the question.

(2) The $1 coins make up 25% of the total number of coins in the piggy bank.

Let's assume, there are total 4 numbers of 1 dollar coins. Then, the number of all coins would be, 8+4+4=16, So, the number of 1 dollar coins in the bank would be 25% of the total number of coins.

So, (2) is sufficient to answer the question.

Answer: D.
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Ans: E. Both statement alone is sufficient to answer the question

Number of coins of$0.25 is 8 then value = $2
Number of coins of $0.50 is 4 then value = $2

Statement 1:
Value of 1 coin = 50% of the total amount
Then that means value of coins of $0.25 and $0.50 is 50% of the total value
Then value of $1 coins = $(2+2)=$4
Therefore, there are 4 coins of $1

Statement 2:
Number of $0.25 and $0.50 makes 75% of the total coins
So, if 75% = 8+4
then, 25% = (12*25)/75
=> 4 coins
Therefore, there are 4 coins of $1
Bunuel
12 Days of Christmas 2024 - 2025 Competition with $40,000 of Prizes

Warren has exactly three types of coins in his piggy bank: $0.25, $0.50, and $1. If the number of $0.25 coins is 8, and the number of $0.50 coins is 4, how many $1 coins does he have?

(1) The total value of the $1 coins in the piggy bank is 50% of the total value of all the coins.

(2) The $1 coins make up 25% of the total number of coins in the piggy bank.

 


This question was provided by GMAT Club
for the 12 Days of Christmas Competition

Win $40,000 in prizes: Courses, Tests & more

 

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Given $0.25*8, $0.50*4, and $1*x,

Statement 1:
(1) The total value of the $1 coins in the piggy bank is 50% of the total value of all the coins.

1*x = 50/100 ($0.25*8 +$0.50*4+1*x)
we can get x from here
so statement 1 is sufficient
eliminate B,C,E
(2) The $1 coins make up 25% of the total number of coins in the piggy bank.
x = 25/100 (8 +4+x)
also we can get x from here
this one is also sufficient
therefore D
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1. Using statement one: .25*8 + .5 * 4 + 1 * x = T (T Total amount, x no. of 1 $ coins)

2 + 2 + 1*x = T; Given 1*x = 0.5 T
4 + 0.5T = T; 0.5 T = 4; T = 8; x = 4;

2. Using Statement two: 8 + 4 + O = C ( C total Coins and O one's coins)
Given O = 0.25C;
12 + 0.25C = C; 0.75C = 12; C = 16 ( Total Coins)
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Hi Everyone :)

given:
0.25*8 = 2$
0.5*4 = 2$
Total until now 4$ and 12coins
1$*x=?

Our Question: x=?
1value = Suff
2values = Insuff

(1) x = 0.5(4$+x)
x=2$+0.5x
x=4
Suff

(2) x=0.25(12+x)
x=3+0.25x
x=4
Suff

Answer is D :)
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Warren has 8 coins of $0.25, contributing 2 dollars, and 4 coins of $0.50, contributing 2 dollars. Let the number of $1 coins be x, contributing x dollars. The total value of all coins is 4 + x dollars, and the total number of coins is 12 + x.

From statement 1, the total value of the $1 coins is 50 percent of the total value of all coins. This gives x = 0.5 × (4 + x). Simplifying, x = 2 + 0.5x, and 0.5x = 2, so x = 4. Statement 1 is sufficient.

From statement 2, the $1 coins make up 25 percent of the total number of coins. This gives x = 0.25 × (12 + x). Simplifying, x = 3 + 0.25x, and 0.75x = 3, so x = 4. Statement 2 is sufficient.

Since each statement independently provides the number of $1 coins, the correct answer is that each statement alone is sufficient.
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Each statement alone is sufficient to answer the question.
This is because, according to the first statement, V=0.25*8+0.5*4+1*x=4+x. Now, the information provided is that x is 50% of Total Value V, that is to say, that 4=x. Therefore $1 coins are 4 in number.
According to the second statement, 25% of coins are $1 coins. Therefore (8+4)/4=12/4=3 coins are $1 coins.

Bunuel
12 Days of Christmas 2024 - 2025 Competition with $40,000 of Prizes

Warren has exactly three types of coins in his piggy bank: $0.25, $0.50, and $1. If the number of $0.25 coins is 8, and the number of $0.50 coins is 4, how many $1 coins does he have?

(1) The total value of the $1 coins in the piggy bank is 50% of the total value of all the coins.

(2) The $1 coins make up 25% of the total number of coins in the piggy bank.

 


This question was provided by GMAT Club
for the 12 Days of Christmas Competition

Win $40,000 in prizes: Courses, Tests & more

 

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