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# Debts

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Manager
Joined: 29 May 2008
Posts: 111

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09 Oct 2009, 13:34
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I know these questions are kind of easy but I have always difficultieswhen they appear any method or explanation that you guys give will be appreciated thanks a lot

Anne owes Bob \$4, Bob owes Carol \$3, and Carol owes Anne \$5. If Carol settles all the debts by giving money to both Anne and Bob How much will she give Anne?

A) \$1
B) \$2
C) \$3
D) \$4
E) \$5

Kudos [?]: 124 [0], given: 0

Math Expert
Joined: 02 Sep 2009
Posts: 42250

Kudos [?]: 132539 [0], given: 12324

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09 Oct 2009, 14:01
TheRob wrote:
I know these questions are kind of easy but I have always difficultieswhen they appear any method or explanation that you guys give will be appreciated thanks a lot

Anne owes Bob \$4, Bob owes Carol \$3, and Carol owes Anne \$5. If Carol settles all the debts by giving money to both Anne and Bob How much will she give Anne?

A) \$1
B) \$2
C) \$3
D) \$4
E) \$5

Anne owes someone 4\$ and another person owes her 5\$ (so her balance is +1). If all debts are settled not by Anne (as stated), Anne should gain 1\$. Answer 1.
_________________

Kudos [?]: 132539 [0], given: 12324

Intern
Joined: 02 Oct 2009
Posts: 16

Kudos [?]: 57 [0], given: 5

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10 Oct 2009, 07:33
Bunuel wrote:
TheRob wrote:
I know these questions are kind of easy but I have always difficultieswhen they appear any method or explanation that you guys give will be appreciated thanks a lot

Anne owes Bob \$4, Bob owes Carol \$3, and Carol owes Anne \$5. If Carol settles all the debts by giving money to both Anne and Bob How much will she give Anne?

A) \$1
B) \$2
C) \$3
D) \$4
E) \$5

Anne owes someone 4\$ and another person owes her 5\$ (so her balance is +1). If all debts are settled not by Anne (as stated), Anne should gain 1\$. Answer 1.

The question asks for the amount Carol has to give to Anne. The answer should thus be \$2.

Kudos [?]: 57 [0], given: 5

Math Expert
Joined: 02 Sep 2009
Posts: 42250

Kudos [?]: 132539 [0], given: 12324

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10 Oct 2009, 09:07
rvthryet wrote:
Bunuel wrote:
TheRob wrote:
I know these questions are kind of easy but I have always difficultieswhen they appear any method or explanation that you guys give will be appreciated thanks a lot

Anne owes Bob \$4, Bob owes Carol \$3, and Carol owes Anne \$5. If Carol settles all the debts by giving money to both Anne and Bob How much will she give Anne?

A) \$1
B) \$2
C) \$3
D) \$4
E) \$5

Anne owes someone 4\$ and another person owes her 5\$ (so her balance is +1). If all debts are settled not by Anne (as stated), Anne should gain 1\$. Answer 1.

The question asks for the amount Carol has to give to Anne. The answer should thus be \$2.

I still believe answer is A (1\$), though we don't have OA yet.

Let's go step by step.

We are told that: "Carol settles all the debts by giving money to both Anne and Bob" --> which means that by this one only action (giving money to both Anne and Bob) Carol settles ALL debts. How this can happen?

The balances of each:

Anne: +1(5-4)
Bob: +1 (4-3)
Carol: -2 (3-5)

So if carol wants to settle all the debts she must give 1\$ to Anne and 1\$ to Bob. After this operation by Carol all the debts would be settled. So carol should give Anne 1\$.

_________________

Kudos [?]: 132539 [0], given: 12324

Intern
Joined: 02 Oct 2009
Posts: 16

Kudos [?]: 57 [0], given: 5

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10 Oct 2009, 20:11
Oh Yes! I made Carol give \$2 to Anne and Anne in turn gave \$1 to Bob. I think you are right.. But can we have the OA!!

Kudos [?]: 57 [0], given: 5

Manager
Joined: 15 Sep 2009
Posts: 131

Kudos [?]: 27 [0], given: 2

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11 Oct 2009, 08:11
I will go with option A

Kudos [?]: 27 [0], given: 2

Re: Debts   [#permalink] 11 Oct 2009, 08:11
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