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anuramm
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DS - bank 29 Aug 2004, 10:02
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ywilfred
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DS - bank 30 Aug 2004, 00:26
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(D) for me. We're told each deposit $5 dollars in each month, so if either party has more money in the piggy bank to begin with, that party wiill have more money at the end of the year.
Both (1) and (2) tells us Bob has more money than Mary in his piggy bank at the start.
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Alex_NL
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DS - bank 30 Aug 2004, 04:51
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D for me as well.

Both statements give an indication that Bob started with more money on his account on the first month.

Regards,

Alex
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lastochka
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DS - bank 30 Aug 2004, 05:53
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seems like a straightforward question
D
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anuramm
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DS - bank 30 Aug 2004, 09:38
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The OA is D.
My doubt is - nothing is mentioned about the interest rates of the two banks. So what if one bank had an exceptionally high interest rate ( for eg mary's bank). So if we combine both the statements together it could be possible that by the end of the year Mary will have more money left in her bank that Bob.
I dont know if i am reading too much in a question.
Any help Please.
Thanks.
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Bhai
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DS - bank 02 Sep 2004, 09:15
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anuramm
The OA is D.
My doubt is - nothing is mentioned about the interest rates of the two banks. So what if one bank had an exceptionally high interest rate ( for eg mary's bank). So if we combine both the statements together it could be possible that by the end of the year Mary will have more money left in her bank that Bob.
I dont know if i am reading too much in a question.
Any help Please.
Thanks.
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Piggy Bank is poor mans "home" bank. There is no question of interest here.
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raja
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DS - bank 02 Sep 2004, 10:22
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pals,

was checking out the problem just now. even I am ok with D but just a hitch on the data given. If st.1 says that Bob had three time as much as Mary had in March and also there are no other deposits/withdrawal made then this equation should hold good even in June or mebbe vice versa
but in June Bob has twice the amt.

did I miss out ne thing..???????

Raja
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anuramm
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DS - bank 02 Sep 2004, 22:03
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Thanks Bhai. I actually didn't know what a piggy bank meant. Now i understand my mistake.



Archived Topic
Hi there,
This topic has been closed and archived due to inactivity or violation of community quality standards. No more replies are possible here.
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Still interested in this question? Check out the "Best Topics" block above for a better discussion on this exact question, as well as several more related questions.
Thank you for understanding, and happy exploring!
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