NEW HERE? LEARN MORE
closeclose
Last visit was: 25 Apr 2024, 20:45 It is currently 25 Apr 2024, 20:45
Decision Tracker
My Rewards
New posts
New comers' posts

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.
Go to My Error Log Learn more
Close
Request Expert Reply
Confirm Cancel

Doris spent 2/3 of her savings on a used car, and she spent 1/4 of her

SORT BY:
Date
Kudos
Tags:
Find Similar Topics 
Show Tags
Hide Tags
User avatar
L
Bunuel
Math Expert
Joined: 02 Sep 2009
Posts: 92915
Own Kudos [?]: 619045 [3]
Given Kudos: 81595
Send PM
CAT Tests Forum Quiz Mode
Doris spent 2/3 of her savings on a used car, and she spent 1/4 of her [#permalink] New post   07 Jan 2019, 09:41
1
Kudos
2
Bookmarks
Expert Reply
00:00
A
B
C
D
E

Difficulty:

15% (low)

Question Stats:

81% (01:10) correct 19% (01:13) wrong based on 77 sessions
Hide Show timer Statistics
Doris spent 2/3 of her savings on a used car, and she spent 1/4 of her remaining savings on a new carpet. If the carpet cost her $250, how much were Doris’ original savings?

A. $1,000
B. $1,200
C. $1,500
D. $2,000
E. $3,000
ShowHide Answer
Official Answer
E
User avatar
L
Archit3110
GMAT Club Legend
GMAT Club Legend
Joined: 18 Aug 2017
Status:You learn more from failure than from success.
Posts: 8019
Own Kudos [?]: 4098 [1]
Given Kudos: 242
Location: India
Concentration: Sustainability, Marketing
GMAT Focus 1:
545 Q79 V79 DI73
GPA: 4
WE:Marketing (Energy and Utilities)
Send PM
GMAT ToolKit User CAT Tests
Re: Doris spent 2/3 of her savings on a used car, and she spent 1/4 of her [#permalink] New post   07 Jan 2019, 09:53
1
Bookmarks
Bunuel wrote:
Doris spent 2/3 of her savings on a used car, and she spent 1/4 of her remaining savings on a new carpet. If the carpet cost her $250, how much were Doris’ original savings?

A. $1,000
B. $1,200
C. $1,500
D. $2,000
E. $3,000



let original salary be x

car 2x/3
left x/3
x.3 * 1/4 = x/12 = 250
x= 3000 IMO E
User avatar
P
shuvodip04
Manager
Manager
Joined: 05 Oct 2017
Posts: 88
Own Kudos [?]: 138 [0]
Given Kudos: 103
Location: India
Concentration: Finance, International Business
Schools: IIMB IIMA ISB'22 (S) IIMA PGPX'22 (I)
GMAT 1: 660 Q48 V33
GMAT 2: 700 Q49 V35 (Online)
GPA: 4
WE:Analyst (Energy and Utilities)
Send PM
GMAT ToolKit User
Re: Doris spent 2/3 of her savings on a used car, and she spent 1/4 of her [#permalink] New post   07 Jan 2019, 09:54
Bunuel wrote:
Doris spent 2/3 of her savings on a used car, and she spent 1/4 of her remaining savings on a new carpet. If the carpet cost her $250, how much were Doris’ original savings?

A. $1,000
B. $1,200
C. $1,500
D. $2,000
E. $3,000


Cost of carpet = $250
Money spent on carpet was 1/4 of remaining savings after buying a used car.
So his remaining savings was =250 * 4 = $1000
This is again (1-2/3) = 1/3 of her original savings.
So, original savings = 3* 1000 = $3000 .
Answer E)
User avatar
P
eswarchethu135
Senior Manager
Senior Manager
Joined: 13 Jan 2018
Posts: 279
Own Kudos [?]: 401 [0]
Given Kudos: 20
Location: India
Concentration: Operations, General Management
Schools: EDHEC Sept 2019 Intake (A) Erasmus '20 IE Jan20 Intake (A)
GMAT 1: 580 Q47 V23
GMAT 2: 640 Q49 V27
GPA: 4
WE:Consulting (Consulting)
Send PM
Reviews Badge
Re: Doris spent 2/3 of her savings on a used car, and she spent 1/4 of her [#permalink] New post   07 Jan 2019, 10:08
Let the savings be "X".

\(\frac{2}{3}\)x is spent on used car. \(\frac{1}{4}\) of remaining is \(\frac{1}{3}*\frac{1}{4}*x\) = \(\frac{1}{12}*x\)

\(\frac{1}{12}*x\) = $250
x = $3000

OPTION: E
User avatar
D
KSBGC
VP
VP
Joined: 31 Oct 2013
Posts: 1260
Own Kudos [?]: 1155 [0]
Given Kudos: 635
Concentration: Accounting, Finance
GPA: 3.68
WE:Analyst (Accounting)
Send PM
Re: Doris spent 2/3 of her savings on a used car, and she spent 1/4 of her [#permalink] New post   07 Jan 2019, 18:05
Bunuel wrote:
Doris spent 2/3 of her savings on a used car, and she spent 1/4 of her remaining savings on a new carpet. If the carpet cost her $250, how much were Doris’ original savings?

A. $1,000
B. $1,200
C. $1,500
D. $2,000
E. $3,000



1/4 represents 250

So, the full amount = 4*250 = 1000

1000 represents 1/3 of the balance

1/3 represents 1000

Full amount = 1000*3 = 3000.

E is the correct answer.
User avatar
bumpbot
Non-Human User
Joined: 09 Sep 2013
Posts: 32680
Own Kudos [?]: 822 [0]
Given Kudos: 0
Send PM
Re: Doris spent 2/3 of her savings on a used car, and she spent 1/4 of her [#permalink] New post   25 Apr 2021, 08:02
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
gmatclubot
Re: Doris spent 2/3 of her savings on a used car, and she spent 1/4 of her [#permalink]
25 Apr 2021, 08:02
Moderators:
Bunuel
Math Expert
92915 posts
yashikaaggarwal
Senior Moderator - Masters Forum
3137 posts

Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne
Main navigation
GMAT Resources
Partners
MBA Resources
www.gmac.com|www.mba.com | | GMAT Club Rules | Terms and Conditions