May 25 07:00 AM PDT  09:00 AM PDT Attend this webinar and master GMAT SC in 10 days by learning how meaning and logic can help you tackle 700+ level SC questions with ease. May 27 01:00 AM PDT  11:59 PM PDT All GMAT Club Tests are free and open on May 27th for Memorial Day! May 27 10:00 PM PDT  11:00 PM PDT Special savings are here for Magoosh GMAT Prep! Even better  save 20% on the plan of your choice, now through midnight on Tuesday, 5/27 May 30 10:00 PM PDT  11:00 PM PDT Application deadlines are just around the corner, so now’s the time to start studying for the GMAT! Start today and save 25% on your GMAT prep. Valid until May 30th. Jun 01 07:00 AM PDT  09:00 AM PDT Learn reading strategies that can help even nonvoracious reader to master GMAT RC
Author 
Message 
TAGS:

Hide Tags

Math Expert
Joined: 02 Sep 2009
Posts: 55271

Re: A certain stock exchange designates each stock with a one, two or th
[#permalink]
Show Tags
29 Oct 2014, 03:48
usre123 wrote: I dont know why , but I was thinking for one letter, it's 26, Then for 2 same ones it would be 26^2 2 different ones would mean 26*25 * 2 (because a different order) 3 same would be 26^3, and 3 different would be 26*25*24*3!....Where am I (obviously) double counting? How is 26^2 the number of two same letter words? How is 26^3 the number of three same letter words? Isn't both 26? AA, BB, CC, ..., ZZ and AAA, BBB, CCC, DDD, ..., ZZZ? 26^2 gives the number of ALL 2letter words possible, the same way as 26^3 gives the number of ALL 3letter words possible.
_________________



Intern
Joined: 14 Aug 2014
Posts: 3

Re: A certain stock echange designates each stock with a
[#permalink]
Show Tags
25 Nov 2014, 05:16
Hi,
I have a doubt. If this question mentioned that same letters used in a different order are considered same code, then how would we solve it?
Thanks



Manager
Joined: 30 Mar 2013
Posts: 105

Re: A certain stock echange designates each stock with a
[#permalink]
Show Tags
25 Nov 2014, 05:22
Bunuel wrote: usre123 wrote: I dont know why , but I was thinking for one letter, it's 26, Then for 2 same ones it would be 26^2 2 different ones would mean 26*25 * 2 (because a different order) 3 same would be 26^3, and 3 different would be 26*25*24*3!....Where am I (obviously) double counting? How is 26^2 the number of two same letter words? How is 26^3 the number of three same letter words? Isn't both 26? AA, BB, CC, ..., ZZ and AAA, BBB, CCC, DDD, ..., ZZZ? 26^2 gives the number of ALL 2letter words possible, the same way as 26^3 gives the number of ALL 3letter words possible. Crystal clear when I read this, thanks!



Director
Joined: 09 Jun 2010
Posts: 784

Re: A certain stock echange designates each stock with a
[#permalink]
Show Tags
12 May 2015, 07:26
Bunuel wrote: chicagocubsrule wrote: A certain stock exchange designates each stock with a 1, 2, or 3 letter code, where each letter is selected from the 26 letters of the alphabet. If the letters may be repeated and if the same letters used in a different order constitute a different code, how many different stocks is it possible to uniquely designate with these codes?
a) 2,951 b) 8,125 c) 15,600 d) 16,302 e) 18,278 1 letter codes = 26 2 letter codes = 26^2 3 letter codes = 26^3 Total = 26 + 26^2 + 26^3 The problem we are faced now is how to get the answer quickly. Note that the units digit of 26+26^2+26^3 would be (6+6+6=18) 8. Only one answer choice has 8 as unit digit: E (18,278). So I believe, even not calculating 26+26^2+26^3, that answer is E. can not say a word for this excellent



Intern
Joined: 18 Jun 2014
Posts: 3

Re: A certain stock exchange designates each stock with a one, two or th
[#permalink]
Show Tags
30 Nov 2015, 07:35
Hi I have a doubt:
by doing 26^3 are you not counting palindromes? I mean, for example ABA would not be double counted?



Intern
Joined: 29 Sep 2015
Posts: 6

Re: A certain stock exchange designates each stock with a one, two or th
[#permalink]
Show Tags
30 Nov 2015, 15:10
lolivaresfer wrote: Hi I have a doubt:
by doing 26^3 are you not counting palindromes? I mean, for example ABA would not be double counted? It's fine since the question mentions: "the same letters used in a different order, constitute a different code"



CEO
Joined: 12 Sep 2015
Posts: 3727
Location: Canada

Re: A certain stock echange designates each stock with a
[#permalink]
Show Tags
19 Apr 2016, 18:15
Quote: A certain stock exchange designates each stock with a one, two or threeletter code, where each letter is selected from the 26 letters of the alphabets. If the letter maybe repeated and if the same letters used in different order constitude a different code, how many different stock is it possible to uniquely designate with these codes?
A. 2,951 B. 8,125 C. 15,600 D. 16,302 E. 18,278
My approach is similar to that of Bhoopendra, with a TWIST at the end. 1letter codes26 letters, so there are 26 possible codes 2letter codesThere are 26 options for the 1st letter, and 26 options for the 2nd letter. So, the number of 2letter codes = (26)(26) = 26² 3letter codesThere are 26 options for the 1st letter, 26 options for the 2nd letter, and 26 options for the 3rd letter. So, the number of 3letter codes = (26)(26)(26) = 26³ So, the TOTAL number of codes = 26 + 26² + 26³ IMPORTANT: Before we perform ANY calculations, we should first look at the answer choices, because we know that the GMAT testmakers are very reasonable, and they don't care whether we're able make long, tedious calculations. Instead, the testmakers will create the question (or answer choices) so that there's an alternative approach. The alternative approach here is to recognize that: 26 has 6 as its units digit 26² has 6 as its units digit 26³ has 6 as its units digit So, (26)+(26²)+(26³) = (2 6)+(___ 6)+(____ 6) = _____ 8 Since only E has 8 as its units digit, the answer must be E Cheers, Brent
_________________
Test confidently with gmatprepnow.com



Intern
Joined: 10 Mar 2016
Posts: 16

Re: A certain stock echange designates each stock with a
[#permalink]
Show Tags
19 Apr 2016, 21:14
GMATPrepNow wrote: Quote: A certain stock exchange designates each stock with a one, two or threeletter code, where each letter is selected from the 26 letters of the alphabets. If the letter maybe repeated and if the same letters used in different order constitude a different code, how many different stock is it possible to uniquely designate with these codes?
A. 2,951 B. 8,125 C. 15,600 D. 16,302 E. 18,278
My approach is similar to that of Bhoopendra, with a TWIST at the end. 1letter codes26 letters, so there are 26 possible codes 2letter codesThere are 26 options for the 1st letter, and 26 options for the 2nd letter. So, the number of 2letter codes = (26)(26) = 26² 3letter codesThere are 26 options for the 1st letter, 26 options for the 2nd letter, and 26 options for the 3rd letter. So, the number of 3letter codes = (26)(26)(26) = 26³ So, the TOTAL number of codes = 26 + 26² + 26³ IMPORTANT: Before we perform ANY calculations, we should first look at the answer choices, because we know that the GMAT testmakers are very reasonable, and they don't care whether we're able make long, tedious calculations. Instead, the testmakers will create the question (or answer choices) so that there's an alternative approach. The alternative approach here is to recognize that: 26 has 6 as its units digit 26² has 6 as its units digit 26³ has 6 as its units digit So, (26)+(26²)+(26³) = (2 6)+(___ 6)+(____ 6) = _____ 8 Since only E has 8 as its units digit, the answer must be E Cheers, Brent Thanks a lot! To use this units digit trick is very clever. Is it just possible to use it for adding? I thought about it for a while and it should work for multyplying as well  am I right?



Manager
Joined: 24 Dec 2015
Posts: 56
Location: India
Concentration: Marketing, Technology
GPA: 3.8
WE: Engineering (Computer Software)

Re: A certain stock echange designates each stock with a
[#permalink]
Show Tags
14 May 2016, 23:59
chicagocubsrule wrote: A certain stock exchange designates each stock with a 1, 2, or 3 letter code, where each letter is selected from the 26 letters of the alphabet. If the letters may be repeated and if the same letters used in a different order constitute a different code, how many different stocks is it possible to uniquely designate with these codes?
A. 2,951 B. 8,125 C. 15,600 D. 16,302 E. 18,278 I was able to quickly arrive at the answer when I spotted the 8 in the units digit in the option E. Looks like the OA marked in the Question post is incorrect. It shows as C is the correct option, while it actually is E.



Target Test Prep Representative
Status: Head GMAT Instructor
Affiliations: Target Test Prep
Joined: 04 Mar 2011
Posts: 2823

Re: A certain stock echange designates each stock with a
[#permalink]
Show Tags
20 Jun 2017, 19:09
lagomez wrote: chicagocubsrule wrote: A certain stock exchange designates each stock with a 1, 2, or 3 letter code, where each letter is selected from the 26 letters of the alphabet. If the letters may be repeated and if the same letters used in a different order constitute a different code, how many different stocks is it possible to uniquely designate with these codes?
a) 2,951 b) 8,125 c) 15,600 d) 16,302 e) 18,278 A 1digit code can be created in 26 ways, a 2digit code in 26^2 ways, and a 3digit code in 26^3 ways. Thus, the number of ways to create the 3 codes is: 26 + 26^2 + 26^3 We should recognize that 26, 26^2, and 26^3 all have units digits of 6. Thus, the sum of those 3 numbers will have a units digit of 8. The only answer choice that has a units digit of 8 is choice E. Thus, the answer must be 18,278. Answer: E
_________________
5star rated online GMAT quant self study course See why Target Test Prep is the top rated GMAT quant course on GMAT Club. Read Our Reviews
If you find one of my posts helpful, please take a moment to click on the "Kudos" button.



Intern
Joined: 12 Oct 2017
Posts: 41

Re: A certain stock exchange designates each stock with a one, two or th
[#permalink]
Show Tags
28 Nov 2017, 20:00
 No. of ways to make one letter code: 26 (we have 26 different letters)  No. of ways to make 2 letter code: 26 * 26 (each letter can combine with 25 other letter and with itself)  No. of ways to make 3 letter code: 26 * 26 * 26 => total possible codes = 26 + 26*26 + 26*26*26 =18278 Hence the answer is E.



CEO
Joined: 18 Aug 2017
Posts: 3533
Location: India
Concentration: Sustainability, Marketing
GPA: 4
WE: Marketing (Energy and Utilities)

Re: A certain stock exchange designates each stock with a one, two or th
[#permalink]
Show Tags
14 Apr 2019, 10:43
[quote="ralucaroman"]A certain stock exchange designates each stock with a one, two or threeletter code, where each letter is selected from the 26 letters of the alphabet. If the letters may be repeated and if the same letters used in a different order, constitute a different code, how many diff stocks is it possible to designate with these codes? A. 2,951 B. 8,125 C. 15,600 D. 16,302 E. 18,278 26+26^2+26^3 solve we get 18278 IMOE
_________________
If you liked my solution then please give Kudos. Kudos encourage active discussions.




Re: A certain stock exchange designates each stock with a one, two or th
[#permalink]
14 Apr 2019, 10:43



Go to page
Previous
1 2
[ 32 posts ]



