GMAT Question of the Day: Daily via email | Daily via Instagram New to GMAT Club? Watch this Video

It is currently 25 Feb 2020, 14:24

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

A telecom company charges in the following manner each call costs

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
TAGS:

Hide Tags

Find Similar Topics 
Manager
Manager
User avatar
G
Joined: 07 Jun 2017
Posts: 159
Location: India
Concentration: Technology, General Management
GMAT 1: 660 Q46 V38
GPA: 3.6
WE: Information Technology (Computer Software)
GMAT ToolKit User Reviews Badge
A telecom company charges in the following manner each call costs  [#permalink]

Show Tags

New post 19 Oct 2017, 05:00
2
00:00
A
B
C
D
E

Difficulty:

  15% (low)

Question Stats:

89% (01:57) correct 11% (02:07) wrong based on 35 sessions

HideShow timer Statistics

A telecom company charges in the following manner each call costs a minimum of 50 cents which includes the talk time for
the first three minutes; thereafter, the company charges 20 cents for every five minutes over the next fifteen minutes;
thereafter, the company charges a nominal two cents per minute. Jack made a call and spoke for exactly 50 minutes. What
was the total cost of his call?


A. $0.72
B. $0.92
C. $1.1
D. $1.74
E. $3.14
Intern
Intern
avatar
B
Joined: 28 Aug 2017
Posts: 34
A telecom company charges in the following manner each call costs  [#permalink]

Show Tags

New post 19 Oct 2017, 05:20
1
nkmungila wrote:
A telecom company charges in the following manner each call costs a minimum of 50 cents which includes the talk time for
the first three minutes; thereafter, the company charges 20 cents for every five minutes over the next fifteen minutes;
thereafter, the company charges a nominal two cents per minute. Jack made a call and spoke for exactly 50 minutes. What
was the total cost of his call?


A. $0.72
B. $0.92
C. $1.1
D. $1.74
E. $3.14


First 3 minutes = 50 cents
After that, every 5 minutes until 15 minutes = 20 cents
After that, per minute = 2 cents
Jack's call = 50 minutes = (3 + 15 + 32) minutes
Cost = [50 + 3(20) + 32(2)] cents = 50 + 60 + 64 = 174 cents = $1.74

Therefore, answer is D.
Senior SC Moderator
avatar
V
Joined: 22 May 2016
Posts: 3708
A telecom company charges in the following manner each call costs  [#permalink]

Show Tags

New post 19 Oct 2017, 06:25
nkmungila wrote:
A telecom company charges in the following manner each call costs a minimum of 50 cents which includes the talk time for
the first three minutes; thereafter, the company charges 20 cents for every five minutes over the next fifteen minutes;
thereafter, the company charges a nominal two cents per minute. Jack made a call and spoke for exactly 50 minutes. What
was the total cost of his call?

A. $0.72
B. $0.92
C. $1.1
D. $1.74
E. $3.14

Jack's phone call = 50 minutes

3 minutes= +50 cents
(+3 mins)

5+5+5 mins= +20¢ +20¢ +20¢= +60¢
(+15 mins)
(+3 +15 = +18 mins used)

Remaining minutes:
(50 total - 18 used) = 32 mins left

32 minutes at 2 cents per minute =
(2¢)(32) = +64 cents

+50 cents
+60 cents
+64 cents
174 cents

174 cents = $1.74

Answer D
_________________
Visit SC Butler, here! Get two SC questions to practice, whose links you can find by date.

Never doubt that a small group of thoughtful, committed citizens can change the world; indeed, it's the only thing that ever has. -- Margaret Mead
Target Test Prep Representative
User avatar
V
Status: Founder & CEO
Affiliations: Target Test Prep
Joined: 14 Oct 2015
Posts: 9479
Location: United States (CA)
Re: A telecom company charges in the following manner each call costs  [#permalink]

Show Tags

New post 24 Oct 2017, 05:04
nkmungila wrote:
A telecom company charges in the following manner each call costs a minimum of 50 cents which includes the talk time for
the first three minutes; thereafter, the company charges 20 cents for every five minutes over the next fifteen minutes;
thereafter, the company charges a nominal two cents per minute. Jack made a call and spoke for exactly 50 minutes. What
was the total cost of his call?


A. $0.72
B. $0.92
C. $1.1
D. $1.74
E. $3.14


For the first 3 minutes, the cost of the call is 50 cents. For the next 15 minutes, the cost is 20 x (15/5) = 20 x 3 = 60 cents. For the last 50 - 3 - 15 = 32 minutes, the cost is 2 x 62 = 64 cents. Thus, the total cost of the 50-minute call is:

50 + 60 + 64 = 174 cents = $1.74

Answer: D
_________________

Scott Woodbury-Stewart

Founder and CEO

Scott@TargetTestPrep.com
TTP - Target Test Prep Logo
181 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.

Non-Human User
User avatar
Joined: 09 Sep 2013
Posts: 14138
Re: A telecom company charges in the following manner each call costs  [#permalink]

Show Tags

New post 10 Jan 2020, 02:28
Hello from the GMAT Club BumpBot!

Thanks to another GMAT Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).

Want to see all other topics I dig out? Follow me (click follow button on profile). You will receive a summary of all topics I bump in your profile area as well as via email.
_________________
GMAT Club Bot
Re: A telecom company charges in the following manner each call costs   [#permalink] 10 Jan 2020, 02:28
Display posts from previous: Sort by

A telecom company charges in the following manner each call costs

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  





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