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20 Mar 2018, 01:21
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A family’s monthly budget allocates $3,600 for their home mortgage payment plus food and utilities in the ratio of 5:3:1, respectively. What is the dollar amount allocated for food? (A)$2,000
(B) $1,600 (C)$1,200
(D) $800 (E)$400

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Re: A family’s monthly budget allocates $3,600 for their home mortgage pay [#permalink] ### Show Tags 20 Mar 2018, 01:29 Bunuel wrote: A family’s monthly budget allocates$3,600 for their home mortgage payment plus food and utilities in the ratio of 5:3:1, respectively. What is the dollar amount allocated for food?

(A) $2,000 (B)$1,600
(C) $1,200 (D)$800
(E) $400 As we're given a whole and a ratio, we'll use the logic of ratios to solve. This is a Logical approach. The ratio mortgage:food:utilities is 5:3:1 so food is 3/(5+3+1) = 3/9 = 1/3 of the total. 3600*1/3 = 1200. (C) is our answer. _________________ Board of Directors Status: QA & VA Forum Moderator Joined: 11 Jun 2011 Posts: 4778 Location: India GPA: 3.5 WE: Business Development (Commercial Banking) Re: A family’s monthly budget allocates$3,600 for their home mortgage pay  [#permalink]

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20 Mar 2018, 09:28
Bunuel wrote:
A family’s monthly budget allocates $3,600 for their home mortgage payment plus food and utilities in the ratio of 5:3:1, respectively. What is the dollar amount allocated for food? (A)$2,000
(B) $1,600 (C)$1,200
(D) $800 (E)$400
$$\frac{3600}{9}*3 = 1200$$, Answer must be (C)

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A family’s monthly budget allocates $3,600 for their home mortgage pay [#permalink] ### Show Tags 20 Mar 2018, 09:44 Bunuel wrote: A family’s monthly budget allocates$3,600 for their home mortgage payment plus food and utilities in the ratio of 5:3:1, respectively. What is the dollar amount allocated for food?

(A) $2,000 (B)$1,600
(C) $1,200 (D)$800
(E) $400 Sum the ratio parts Find the multiplier, $$x$$, and Apply the multiplier to FOOD $$M : F : U$$ $$5x: 3x: 1x = 9x$$ $$9x = 3,600$$ $$x=(\frac{3600}{9})= 400$$ Food = $$3x = (3*400) = 1,200$$ ANSWER C _________________ SC Butler has resumed! Get two SC questions to practice, whose links you can find by date, here. Choose life. Manager Joined: 28 Jan 2018 Posts: 50 Location: Netherlands Concentration: Finance GMAT 1: 710 Q50 V36 GPA: 3 Re: A family’s monthly budget allocates$3,600 for their home mortgage pay  [#permalink]

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20 Mar 2018, 09:57
Bunuel wrote:
A family’s monthly budget allocates $3,600 for their home mortgage payment plus food and utilities in the ratio of 5:3:1, respectively. What is the dollar amount allocated for food? (A)$2,000
(B) $1,600 (C)$1,200
(D) $800 (E)$400

Total amount : food = (5+3+1):3 = 9:3 = 3:1

Therefore, the amount allocate to food = 3600:3 = 1200 => Answer (C)
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Re: A family’s monthly budget allocates $3,600 for their home mortgage pay [#permalink] ### Show Tags 05 Apr 2018, 11:08 Bunuel wrote: A family’s monthly budget allocates$3,600 for their home mortgage payment plus food and utilities in the ratio of 5:3:1, respectively. What is the dollar amount allocated for food?

(A) $2,000 (B)$1,600
(C) $1,200 (D)$800
(E) $400 We can create the ratio of home mortgage payment : food: utilities = 5x : 3x : x and create the equation: 5x + 3x + x = 3600 9x = 3600 x = 400 Thus, the budgeted amount for food is 3 x 400 = 1200 dollars. Answer: C _________________ # Jeffrey Miller Head of GMAT Instruction Jeff@TargetTestPrep.com 122 Reviews 5-star 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. Re: A family’s monthly budget allocates$3,600 for their home mortgage pay   [#permalink] 05 Apr 2018, 11:08
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