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A tourist purchased a total of $1,500 worth of travelers

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Intern
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Joined: 31 Jan 2004
Posts: 38
Location: Dallas Texas
A tourist purchased a total of $1,500 worth of travelers [#permalink]

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New post 06 Jul 2004, 09:33
2
00:00
A
B
C
D
E

Difficulty:

(N/A)

Question Stats:

100% (00:41) correct 0% (00:00) wrong based on 22 sessions

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A tourist purchased a total of $1,500 worth of traveler’s checks in $10 and $50 denominations. During the trip the tourist cashed 7 checks and then lost all of the rest of the number of $10 checks cashed was one more or one less than the number of $50 checks cashed, what is the minimum possible value of the checks that were lost?

(A) $1,430
(B) $1,310
(C) $1,290
(D) $1,270
(E) $1,150

A gmat+ PS question typed 'as is' from the pdf file.

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Senior Manager
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Joined: 05 Feb 2004
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Location: USA
 [#permalink]

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New post 06 Jul 2004, 10:51
1
D...
In the seven cashed checks, for minimum value we need the 10$ checks to be 3 and 50 $ to be 4, which gives a total value of 230.
Hence lost money = 1500 - 230 = 1270...!!
Intern
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Joined: 04 Aug 2003
Posts: 30
Location: Texas
 [#permalink]

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New post 06 Jul 2004, 11:25
Both B and D satisfy the statements. But only D is the minimum value.

So ans is D.
Manager
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Joined: 08 Jun 2004
Posts: 243
Location: INDIA
 [#permalink]

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New post 06 Jul 2004, 12:26
total=7 chkz...

10$x+ 50$(x+1) = 230 where x=3

x is taken 3 because... $10 could be one more or less by one...

we can also get the ans 190$ but that wud be not the LEAST as asked...
hence D = ans as given

hope that helps!

Have fun...
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Re: A tourist purchased a total of $1,500 worth of travelers [#permalink]

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New post 11 Nov 2017, 08:09
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Re: A tourist purchased a total of $1,500 worth of travelers   [#permalink] 11 Nov 2017, 08:09
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