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A bank transfers sum of money to Mr. Cathrall...

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Joined: 30 Sep 2018
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A bank transfers sum of money to Mr. Cathrall...  [#permalink]

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New post 27 Oct 2018, 13:15
1
00:00
A
B
C
D
E

Difficulty:

  95% (hard)

Question Stats:

18% (02:05) correct 82% (03:04) wrong based on 45 sessions

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A bank transfers sum of money to Mr. Cathrall, who spends $20,000 of the amount sent to him and transfers 75% of the remaining money to Mrs. Carlyle, who spends $15,000 of the amount she receives before transferring 2/3 of the money to Mr. Leeds, who spends $5,000 and transfers 4/5 of the money remaining back to Mr. Cathrall. Assuming that the bank transfers were made at no cost, how much money did Mrs. Carlyle transfer to Mr. Leeds if Mr. Cathrall receives $260,000 in all?

A. $80,000
B. $90,000
C. $100,000
D. $110,000
E. $120,000

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Joined: 15 Feb 2018
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Re: A bank transfers sum of money to Mr. Cathrall...  [#permalink]

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New post 27 Oct 2018, 17:47
Set up a timeline. take 3 zeros off each number. I'm not seeing other ways to reduce this from a 5 minute answer to a 1-2 minute answer.
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Re: A bank transfers sum of money to Mr. Cathrall...  [#permalink]

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New post 24 Apr 2019, 02:52
No "remaining" after Carlyle's transfer?
Is it legal for a GMAT question to be so tricky?
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Re: A bank transfers sum of money to Mr. Cathrall...  [#permalink]

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New post 24 Apr 2019, 19:16
Should we include amount received to mr clarkby bank and by Mr leed as total amount received by Mr clark

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Re: A bank transfers sum of money to Mr. Cathrall...   [#permalink] 24 Apr 2019, 19:16
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A bank transfers sum of money to Mr. Cathrall...

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