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# A Man who died left an estate worth \$111,000. His Will

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Manager
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A Man who died left an estate worth \$111,000. His Will [#permalink]

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18 Jun 2008, 12:04
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A Man who died left an estate worth \$111,000. His Will stipulated that his estate was to be distributed so that each of his three children received from the estate and his previous gifts, combined, the same total amount. If he had previously given his oldest child \$15,000, his middle child \$10,000 and his youngest child \$2,000, how much did the youngest child receive from the estate?

A. \$ 50,000
B. \$ 48,000
C. \$ 46,000
D. \$ 44,000
E. \$ 39,000

Time yourself on this one!

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CEO
Joined: 17 Nov 2007
Posts: 3583

Kudos [?]: 4724 [0], given: 360

Concentration: Entrepreneurship, Other
Schools: Chicago (Booth) - Class of 2011
GMAT 1: 750 Q50 V40

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18 Jun 2008, 13:19
D

111000=(0+5000+13000)+93000

where, (0+5000+13000) - compensation for inequality
93000 - should be divided evenly be 3

So, 13000+93000/3=44000

~1min
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CEO
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18 Jun 2008, 13:28
gmatcrook wrote:
A Man who died left an estate worth \$111,000. His Will stipulated that his estate was to be distributed so that each of his three children received from the estate and his previous gifts, combined, the same total amount. If he had previously given his oldest child \$15,000, his middle child \$10,000 and his youngest child \$2,000, how much did the youngest child receive from the estate?

A. \$ 50,000
B. \$ 48,000
C. \$ 46,000
D. \$ 44,000
E. \$ 39,000

Time yourself on this one!

1min 39sec. I didn't understand what it was asking at first.

111,000+15,000+10,000+2,000=138,000. --> 138,000/3 =46,000 (even amount among the 3 children)

Youngest recieved 2,000. So from the estate he/she will recieve 44,000.

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Re: PS: Asset Distribution   [#permalink] 18 Jun 2008, 13:28
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