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

It is currently 16 Jan 2019, 14:35

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 January
PrevNext
SuMoTuWeThFrSa
303112345
6789101112
13141516171819
20212223242526
272829303112
Open Detailed Calendar
  • The winning strategy for a high GRE score

     January 17, 2019

     January 17, 2019

     08:00 AM PST

     09:00 AM PST

    Learn the winning strategy for a high GRE score — what do people who reach a high score do differently? We're going to share insights, tips and strategies from data we've collected from over 50,000 students who used examPAL.
  • Free GMAT Strategy Webinar

     January 19, 2019

     January 19, 2019

     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.

If Peter spends $460 on three pairs of shoes, how much did the least

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

Hide Tags

 
Math Expert
User avatar
V
Joined: 02 Sep 2009
Posts: 52161
If Peter spends $460 on three pairs of shoes, how much did the least  [#permalink]

Show Tags

New post 18 Jul 2016, 07:17
00:00
A
B
C
D
E

Difficulty:

  25% (medium)

Question Stats:

82% (01:26) correct 18% (01:12) wrong based on 89 sessions

HideShow timer Statistics

If Peter spends $460 on three pairs of shoes, how much did the least expansive shoes cost?

(1) The ratio between the most expansive shoes to the least expansive shoes is 3 to 1.
(2) The ratio between the least expansive shoes to all the other ones is 1 to 5.

_________________

New to the Math Forum?
Please read this: Ultimate GMAT Quantitative Megathread | All You Need for Quant | PLEASE READ AND FOLLOW: 12 Rules for Posting!!!

Resources:
GMAT Math Book | Triangles | Polygons | Coordinate Geometry | Factorials | Circles | Number Theory | Remainders; 8. Overlapping Sets | PDF of Math Book; 10. Remainders | GMAT Prep Software Analysis | SEVEN SAMURAI OF 2012 (BEST DISCUSSIONS) | Tricky questions from previous years.

Collection of Questions:
PS: 1. Tough and Tricky questions; 2. Hard questions; 3. Hard questions part 2; 4. Standard deviation; 5. Tough Problem Solving Questions With Solutions; 6. Probability and Combinations Questions With Solutions; 7 Tough and tricky exponents and roots questions; 8 12 Easy Pieces (or not?); 9 Bakers' Dozen; 10 Algebra set. ,11 Mixed Questions, 12 Fresh Meat

DS: 1. DS tough questions; 2. DS tough questions part 2; 3. DS tough questions part 3; 4. DS Standard deviation; 5. Inequalities; 6. 700+ GMAT Data Sufficiency Questions With Explanations; 7 Tough and tricky exponents and roots questions; 8 The Discreet Charm of the DS; 9 Devil's Dozen!!!; 10 Number Properties set., 11 New DS set.


What are GMAT Club Tests?
Extra-hard Quant Tests with Brilliant Analytics

SC Moderator
User avatar
D
Joined: 13 Apr 2015
Posts: 1687
Location: India
Concentration: Strategy, General Management
GMAT 1: 200 Q1 V1
GPA: 4
WE: Analyst (Retail)
GMAT ToolKit User Premium Member
Re: If Peter spends $460 on three pairs of shoes, how much did the least  [#permalink]

Show Tags

New post 18 Jul 2016, 18:25
Total = 460; Least expensive shoes = ?

St1: The ratio between the most expansive shoes to the least expansive shoes is 3 to 1. --> Clearly insufficient as we do not know the price of the middle one.

St2: The ratio between the least expansive shoes to all the other ones is 1 to 5. --> Least : Other = 1 : 5
Least = 1/6 * 460.
Sufficient

Answer: B
Intern
Intern
User avatar
Joined: 05 Jul 2016
Posts: 42
Location: China
Concentration: Finance, Nonprofit
GMAT 1: 680 Q49 V33
GMAT 2: 690 Q51 V31
GMAT 3: 710 Q50 V36
GPA: 3.4
Re: If Peter spends $460 on three pairs of shoes, how much did the least  [#permalink]

Show Tags

New post 19 Jul 2016, 00:59
x+y+z=460 (x is the least expensive, then y, then z)

1) x+y+3x=460-->4x+y=460
insufficient

2) x+5x=460, then x=76.67
sufficient

B
_________________

It's better to burn out than to fade away.

Target Test Prep Representative
User avatar
P
Status: Founder & CEO
Affiliations: Target Test Prep
Joined: 14 Oct 2015
Posts: 4518
Location: United States (CA)
Re: If Peter spends $460 on three pairs of shoes, how much did the least  [#permalink]

Show Tags

New post 18 Jan 2018, 13:31
Bunuel wrote:
If Peter spends $460 on three pairs of shoes, how much did the least expansive shoes cost?

(1) The ratio between the most expansive shoes to the least expansive shoes is 3 to 1.
(2) The ratio between the least expansive shoes to all the other ones is 1 to 5.


We are given that Peter spends $460 on three pairs of shoes and need to determine the price of the least expensive pair of shoes.

Statement One Alone:

The ratio between the most expensive shoes to the least expensive shoes is 3 to 1.

Since we do not have any information regarding the 2nd cheapest pair of shoes we cannot determine the cost of the least expensive shoes. Statement one is not sufficient to answer the question.

Statement Two Alone:

The ratio between the least expensive shoes to all the other ones is 1 to 5.

We can create the equation:

x + 5x = 460

6x = 460

x = 76.6

Thus, the least expensive shoes were 76.60 dollars.

Answer: B
_________________

Scott Woodbury-Stewart
Founder and CEO

GMAT Quant Self-Study Course
500+ lessons 3000+ practice problems 800+ HD solutions

GMAT Club Bot
Re: If Peter spends $460 on three pairs of shoes, how much did the least &nbs [#permalink] 18 Jan 2018, 13:31
Display posts from previous: Sort by

If Peter spends $460 on three pairs of shoes, how much did the least

  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®.