GMAT Question of the Day - Daily to your Mailbox; hard ones only

It is currently 14 Dec 2018, 09:11

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.

Close

Request Expert Reply

Confirm Cancel
Events & Promotions in December
PrevNext
SuMoTuWeThFrSa
2526272829301
2345678
9101112131415
16171819202122
23242526272829
303112345
Open Detailed Calendar
  • Typical Day of a UCLA MBA Student - Recording of Webinar with UCLA Adcom and Student

     December 14, 2018

     December 14, 2018

     10:00 PM PST

     11:00 PM PST

    Carolyn and Brett - nicely explained what is the typical day of a UCLA student. I am posting below recording of the webinar for those who could't attend this session.
  • Free GMAT Strategy Webinar

     December 15, 2018

     December 15, 2018

     07:00 AM PST

     09:00 AM PST

    Aiming to score 760+? Attend this FREE session to learn how to Define your GMAT Strategy, Create your Study Plan and Master the Core Skills to excel on the GMAT.

Each month, after Jill pays for rent, utilities, food, and other neces

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
TAGS:

Hide Tags

Magoosh GMAT Instructor
User avatar
G
Joined: 28 Dec 2011
Posts: 4489
Each month, after Jill pays for rent, utilities, food, and other neces  [#permalink]

Show Tags

New post 06 May 2016, 11:56
00:00
A
B
C
D
E

Difficulty:

  15% (low)

Question Stats:

80% (01:58) correct 20% (02:54) wrong based on 69 sessions

HideShow timer Statistics

Each month, after Jill pays for rent, utilities, food, and other necessary expenses, she has one fifth of her net monthly salary left as discretionary income. Of this discretionary income, she puts 30% into a vacation fund, 20% into savings, and spends 35% on eating out and socializing. This leaves her with $96 dollar, which she typically uses for gifts and charitable causes. What is Jill’s net monthly salary?

(A) $2400
(B) $3200
(C) $6000
(D) $6400
(E) $9600


Word problems present a few tricky issues. One of these is how to assign variables. For a discussion, as well as the OE for this question, see:
Intro to GMAT Word Problems, Part 2: Assigning Variables

Mike :-)

_________________

Mike McGarry
Magoosh Test Prep


Education is not the filling of a pail, but the lighting of a fire. — William Butler Yeats (1865 – 1939)

Manager
Manager
avatar
Joined: 13 Apr 2016
Posts: 60
Location: India
GMAT 1: 640 Q50 V27
GPA: 3
WE: Operations (Hospitality and Tourism)
Re: Each month, after Jill pays for rent, utilities, food, and other neces  [#permalink]

Show Tags

New post 06 May 2016, 12:07
[quote="mikemcgarry"][color=#0000ff]Each month, after Jill pays for rent, utilities, food, and other necessary expenses, she has one fifth of her net monthly salary left as discretionary income. Of this discretionary income, she puts 30% into a vacation fund, 20% into savings, and spends 35% on eating out and socializing. This leaves her with $96 dollar, which she typically uses for gifts and charitable causes. What is Jill’s net monthly salary?

(A) $2400
(B) $3200
(C) $6000
(D) $6400
(E) $9600

let x be the monthly salary
15%of 1/5*x=96
x=3200
answer B
Board of Directors
User avatar
P
Status: QA & VA Forum Moderator
Joined: 11 Jun 2011
Posts: 4277
Location: India
GPA: 3.5
WE: Business Development (Commercial Banking)
GMAT ToolKit User Premium Member CAT Tests
Re: Each month, after Jill pays for rent, utilities, food, and other neces  [#permalink]

Show Tags

New post 18 Jul 2018, 06:29
mikemcgarry wrote:
Each month, after Jill pays for rent, utilities, food, and other necessary expenses, she has one fifth of her net monthly salary left as discretionary income. Of this discretionary income, she puts 30% into a vacation fund, 20% into savings, and spends 35% on eating out and socializing. This leaves her with $96 dollar, which she typically uses for gifts and charitable causes. What is Jill’s net monthly salary?

(A) $2400
(B) $3200
(C) $6000
(D) $6400
(E) $9600


Word problems present a few tricky issues. One of these is how to assign variables. For a discussion, as well as the OE for this question, see:
Intro to GMAT Word Problems, Part 2: Assigning Variables

Mike :-)


Let total income is \(500\)
Discretionary Income is \(100\)

So, vacation fund = \(30\)
Savings Fund = \(20\)
Eating out and socializing = \(35\)

Amount left after spending is \(100 - ( 30 + 20 + 35 ) = 15\)

Now, \(15\) represents \($ 96\)

So, \(500\) represents \(\frac{96}{15}*500 = 3200\) , Answer must be (B)
_________________

Thanks and Regards

Abhishek....

PLEASE FOLLOW THE RULES FOR POSTING IN QA AND VA FORUM AND USE SEARCH FUNCTION BEFORE POSTING NEW QUESTIONS

How to use Search Function in GMAT Club | Rules for Posting in QA forum | Writing Mathematical Formulas |Rules for Posting in VA forum | Request Expert's Reply ( VA Forum Only )

GMAT Club Bot
Re: Each month, after Jill pays for rent, utilities, food, and other neces &nbs [#permalink] 18 Jul 2018, 06:29
Display posts from previous: Sort by

Each month, after Jill pays for rent, utilities, food, and other neces

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  


Copyright

GMAT Club MBA Forum Home| About| Terms and Conditions and Privacy Policy| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.