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01 Nov 2015, 17:36
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A
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
45%
(medium)
Question Stats:
64% (01:38) correct
36%
(01:41)
wrong
based on 268
sessions
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QUANT 4-PACK SERIES Data Sufficiency Pack 2 Question 3 Four raffle 'winners'...
4 raffle ‘winners’ were each given the opportunity to select one envelope from a group of 4 envelopes and won the amount of money that was written inside the envelope. After each winner selected an envelope and was awarded a prize, a new set of 4 envelopes was offered to the next winner, and so on. If the individual amounts in the envelopes were $1,000, $2,000, $3,000 and $4,000, did any of the winners receive the largest prize?
(1) No two winners received the same prize.
(2) The total prize money awarded was $10,000.
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OA, and explanation will be posted after the 48 hour window closes.
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4 raffle ‘winners’ were each given the opportunity to select one envelope from a group of 4 envelopes and won the amount of money that was written inside the envelope. After each winner selected an envelope and was awarded a prize, a new set of 4 envelopes was offered to the next winner, and so on. If the individual amounts in the envelopes were $1,000, $2,000, $3,000 and $4,000, did any of the winners receive the largest prize?
(1) No two winners received the same prize.
(2) The total prize money awarded was $10,000.
48 Hour Window Answer & Explanation Window
Earn KUDOS! Post your answer and explanation.
OA, and explanation will be posted after the 48 hour window closes.
This question is part of the Quant 4-Pack series
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ENGRTOMBA2018
Joined: 20 Mar 2014
Last visit: 01 Dec 2021
Posts: 2,325
Given Kudos: 816
Concentration: Finance, Strategy
Schools: Kellogg '18 (M)
GMAT 1: 750 Q49 V44
GPA: 3.7
WE:Engineering (Aerospace and Defense)
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01 Nov 2015, 18:16
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EMPOWERgmatRichC
Question asks whether 4000$ was awarded to any winner?
Per statement 1, 4 raffle winners must be awarded 4 different award values. Clearly sufficient.
Per statement 2, total award money = 10000 ---> yes if 4000+3000+2000+1000 but no if 3000+3000+3000+1000. Not sufficient.
A is the correct answer.
02 Nov 2015, 08:36
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Que asking did any1 got largest sum?
Statement 1 says no winner get same amount, prob solved..... whatever the largest award would be, it wont be repeated. so answer to the Que is= yes there must be 1 winner who got largest sum.--- sufficient
Staement 2 gives total, but there can be multiple combinations like 4k+3k+2k+1k or 3k+3k+3k+1k and there still be winner or winners with largest award. so again YES.
option D....think so... but keeping my fingers crossed
Statement 1 says no winner get same amount, prob solved..... whatever the largest award would be, it wont be repeated. so answer to the Que is= yes there must be 1 winner who got largest sum.--- sufficient
Staement 2 gives total, but there can be multiple combinations like 4k+3k+2k+1k or 3k+3k+3k+1k and there still be winner or winners with largest award. so again YES.
option D....think so... but keeping my fingers crossed
