It is currently 18 Dec 2017, 06:55

Final Week of R1 Decisions:

CHAT Rooms | MIT Sloan | McCombs 


Close

GMAT Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Close

Request Expert Reply

Confirm Cancel

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

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

  post reply Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
Manager
Manager
avatar
Joined: 31 Jul 2006
Posts: 230

Kudos [?]: 55 [0], given: 0

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

Show Tags

New post 18 Jun 2008, 12:04
00:00
A
B
C
D
E

Difficulty:

(N/A)

Question Stats:

0% (00:00) correct 0% (00:00) wrong based on 0 sessions

HideShow timer Statistics

This topic is locked. If you want to discuss this question please re-post it in the respective forum.

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!

Kudos [?]: 55 [0], given: 0

Expert Post
CEO
CEO
User avatar
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
GMAT ToolKit User Premium Member
Re: PS: Asset Distribution [#permalink]

Show Tags

New post 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
_________________

HOT! GMAT TOOLKIT 2 (iOS) / GMAT TOOLKIT (Android) - The OFFICIAL GMAT CLUB PREP APP, a must-have app especially if you aim at 700+ | PrepGame

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

CEO
CEO
User avatar
Joined: 29 Mar 2007
Posts: 2553

Kudos [?]: 538 [0], given: 0

Re: PS: Asset Distribution [#permalink]

Show Tags

New post 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.

Kudos [?]: 538 [0], given: 0

Re: PS: Asset Distribution   [#permalink] 18 Jun 2008, 13:28
Display posts from previous: Sort by

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

  post reply Question banks Downloads My Bookmarks Reviews Important topics  


GMAT Club MBA Forum Home| About| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.