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X=Arman
Y=Bela
Z=Cora
X+Y+Z=1860
\((X*\frac{10}{100}* 2) +X=\frac{12x}{10}\)
\((Y*\frac{10}{100}* 4) +Y=\frac{14y}{10}\)
\((Z*\frac{10}{100}* 5) +Z=\frac{3Z}{2}\)
\(\frac{12X}{10}=\frac{14y}{10}=\frac{3Z}{2}\)
\(12x=14y=15z\)
\(x=\frac{15z}{12}\)
\(y=\frac{15z}{14}\)
z=z
\(\frac{15z}{12}+\frac{15z}{14}+z=1860\)
z=560
Ans. C
IMO
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A = Arman
B = Bela
C = Cora

Arman: 10% * 2 years = 20% -> 1.2A = 6A/5
Bela: 10% * 4 years = 40% -> 1.4B = 7B/5
Cora: 10% * 5 years = 50% -> 1.5C = 3C/2

A+B+C = 1860

6A/5 = 3C/2 -> 12A = 15C -> A = 5C/4
7B/5 = 3C/2 -> 14B = 15C -> B = 15C/14

5C/4 + 15C/14 + C = 1860
35C + 30C + 28C = 28*1860
93C = 28*1860
3*31C = 28*1860
C = 560

IMO C
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Arman will have A + 2*(10% of A) = 1.2*A
Bela will have B + 4*(10% of A) = 1.4*B
Cora will have C + 5*(10% of A) = 1.5*C

1.2A=1.5C
A=15C/12=5C/4

1.4B=1.5C
B=15C/14

A+B+C=1860
5C/4+15C/14+C=1860
(7*5C+2*15C+28)C/28=1860
93C/28=1860
C=28*1860/93=560

Answer C
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Let Arman's Original Share be = A, Bela's Original share = B and Cora's original share = C
Total amout = A+B+C = 1860

As per simple interest formula, after the given years, at a simple interest of 10%, value of
Arman = A (1+0.10*2) = 1.2A
Bela = B (1+0.10*4) = 1.4B
Cora = C (1+0.10*5) = 1.5C

Also, given that 1.2 A = 1.4B = 1.5C
Let x be one share, hence A = x/1.2, B = x/1.4, C = x/1.5
Now x/1.2+x/1.4+x/1.5 = 1860
10x/12+10x/14+10x/15 = 1860
31x/14= 1860
x = 840

We want Cora's share = x/1.5 = 840/1.5 = 560

Option C
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Bunuel
A school sets aside $1,860 to be divided among three students: Arman, Bela, and Cora. Each student’s share will be deposited at 10% annual simple interest. Arman’s share will be deposited for 2 years, Bela’s share for 4 years, and Cora’s share for 5 years. If the shares are chosen so that the three deposits have the same value at the end of their respective deposit periods, how much is Cora’s original share?

A. $520
B. $540
C. $560
D. $600
E. $620


 


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Arman = x
Bela = y
Cora = z

x + y + z = 1860

Amount Arman has after 2 years = x + 2x/10 = 12x/10

Amount Bela has after 4 years = y + 4y/10 = 14y/10

Amount Cora has after 5 years = z + 5z/10 = 15z/10

Therefore,
12x = 14y = 15z

x = 5/4z

y = 15/14z

5/4z + 15/14z + z = 1860

93z = 1840 * 28

z = 560

Option C
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Option C 560
Sol

Total money - 1860
Interest rate - 10%

Using formula- A =P(1+rt)
So as we know the A is same so taking it as A for all 3 users

For Arman - Pa (1+0.1x2) =A
= 5A/6
For Bela - Pb (1+0.1x4) =A
= 5A/7
For Cora - Pc(1+0.1x5) =A
=2A/3

Total money = 1860 = 5A/6 + 5A/7 + 2A/3
A= 840

Cora's original share - (840 x 2 )/3 = 560
Bunuel
A school sets aside $1,860 to be divided among three students: Arman, Bela, and Cora. Each student’s share will be deposited at 10% annual simple interest. Arman’s share will be deposited for 2 years, Bela’s share for 4 years, and Cora’s share for 5 years. If the shares are chosen so that the three deposits have the same value at the end of their respective deposit periods, how much is Cora’s original share?

A. $520
B. $540
C. $560
D. $600
E. $620


 


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for the GMAT World Cup Competition

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Arman+Bela+Cora=1860

In 2 years Arman will have 20% more: 1.2*Arman
In 4 years Bela will have 40% more: 1.4*Bela
In 5 years Cora will have 50% more: 1.5*Cora

All the amounts are equal:
1.2*Arman = 1.5*Cora, Arman = 1.5/1.2 * Cora
1.4*Bela = 1.5*Cora, Bela = 1.5/1.4 * Cora

Substituting in the first equation:
1.5/1.2 * Cora + 1.5/1.4 * Cora + Cora = 1860
5*Cora/4 + 15*Cora/14 + Cora = 1860
28*5*Cora/4 + 28*15*Cora/14 + 28*Cora = 28*1860
35*Cora + 30*Cora + 28*Cora = 28*1860
93*Cora = 28*1860
Cora = 560

The answer is C
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Given Interest rate = 10% per year.

Let P1, P2, P3 be the principle amounts for Arman, Bela and Cora respectively. And their time periods are 2,4 and 5 years.

End value for Arman = P1 + (P1*2*10)/100 = P1 + 0.2P1 = 1.2P1
End Value for Bela = P2 + (P2*4*10)/100 = P2 + 0.4P2 = 1.4P2
End Value for Cora = P3 + (P3*5*10)/100 = P3 +0.5P3 = 1.5P3

Also P1 +P2+P3 = 1860

We need value of P3

End values of everyone is same => 1.2P1 = 1.4P2 = 1.5P3

P1 = 1.5P3/1.2 = (5/4)P3
P2 = 15P3/14
P3 = P3

Substituting in the total (5/4)P3 + 15P3/14 + P3 = 1860

Solving for P3 we get P3 = 560

Answer C
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arman amount = a
bela amount = b
cora amount = c

a + 0.1a + 0.1a = 1.2a
b + 0.1b + 0.1b + 0.1b + 0.1b = 1.4b
c + 0.1c + 0.1c + 0.1c + 0.1c + 0.1c = 1.5c

a + b + c = 1860
1.2a = 1.5c
1.4b = 1.5c

3 equations an 3 unkonows

a = 15c/12 = 5c/4
b = 15c/14

5c/4 + 15c/14 + c = 1860
93c/28 = 1860
c = 560

The correct answer is C
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Let the common final value of each account be F.

Since the deposits all grow to the same amount:

Arman's money grows by 20%, so his original share is F/1.2

Bela's money grows by 40%, so her original share is F/1.4

Cora's money grows by 50%, so her original share is F/1.5

F/1.2 + F/1.4 + F/1.5 = 1860

5F/6 + 5F/7 + 2F/3 = 1860

(35F + 30F + 28F)/42 = 1860

93F/42 = 1860

F = 840

Cora's original share was: 840/1.5 = 560

Option C
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560 is answer

x+x/5 = 7y/5 = 3z/2

186z = 1860*56 so z =560
Bunuel
A school sets aside $1,860 to be divided among three students: Arman, Bela, and Cora. Each student’s share will be deposited at 10% annual simple interest. Arman’s share will be deposited for 2 years, Bela’s share for 4 years, and Cora’s share for 5 years. If the shares are chosen so that the three deposits have the same value at the end of their respective deposit periods, how much is Cora’s original share?

A. $520
B. $540
C. $560
D. $600
E. $620


 


This question was provided by GMAT Club
for the GMAT World Cup Competition

Win over $30,000 in prizes such as Courses, Tests, Private Tutoring, and more

 


⚠️ Important: GMAT Club does not allow AI-generated posts. AI-generated solutions are not eligible for kudos, and users who post them may face moderation action, including a ban.
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