Last visit was: 29 Apr 2024, 00:53 It is currently 29 Apr 2024, 00:53

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
SORT BY:
Date
Tags:
Show Tags
Hide Tags
avatar
Intern
Intern
Joined: 15 Oct 2009
Posts: 7
Own Kudos [?]: 753 [41]
Given Kudos: 11
Send PM
Most Helpful Reply
Math Expert
Joined: 02 Sep 2009
Posts: 92979
Own Kudos [?]: 619785 [22]
Given Kudos: 81626
Send PM
General Discussion
User avatar
Manager
Manager
Joined: 05 Mar 2010
Posts: 88
Own Kudos [?]: 91 [0]
Given Kudos: 8
Send PM
User avatar
Manager
Manager
Joined: 10 Aug 2009
Posts: 81
Own Kudos [?]: 39 [4]
Given Kudos: 13
Send PM
Re: In United States currency, a nickel is worth 5 cents [#permalink]
4
Kudos
Is it just me or is the phrasing of the questions pretty bad?

First of all it tells you the values of the coins and that 1 dollar = 100 cents. Why? Just to throw you off?

Next, it says "probability of picking a coin other than a nickel twice in a row" which I took to mean either 2 pennies in a row, or 2 dimes in a row (not correct). Also it isnt clear that they mean that the 2 coins have to be the same right at the beginning (we dont know how many are taken out in total).
User avatar
Manager
Manager
Joined: 05 Mar 2010
Posts: 88
Own Kudos [?]: 91 [0]
Given Kudos: 8
Send PM
Re: In United States currency, a nickel is worth 5 cents [#permalink]
nickk first i got confused as well but if you take 2 dimes or 2 pennies then the answer is not one of the choice given
So i decided to go with any of the coin apart from nickel.
User avatar
Manager
Manager
Joined: 15 Mar 2010
Posts: 56
Own Kudos [?]: 225 [1]
Given Kudos: 30
Send PM
Re: In United States currency, a nickel is worth 5 cents [#permalink]
1
Kudos
Bunuel wrote:
changhiskhan wrote:
In United States currency, a nickel is worth 5 cents, a penny is worth 1 cent, and a dime is worth 10 cents. 100 cents equals one dollar. If a hand purse contains 6 nickels, 5 pennies and 4 dimes, what is the probability of picking a coin other than a nickel twice in a row if the first coin picked is not put back?

a) 8/25
b) 12/35
c) 13/35
d) 9/25
e) 17/25

My approach was calculating what the probability of nickel getting picked twice in a row is and subtracting that probability by 1. Probability of a nickel getting picked the first time is 2/5 and second time is 5/14. (2/5)*(5/14) = 1/7. So I was expecting 6/7 to show up but that choice is not given. I understand the OA and its methodology but what's wrong with my approach?

Thanks!


In this case it would be easier to calculate the probability in direct way:
\(\frac{non-nickel}{all}*\frac{non-nickel -1}{all-1}=\frac{9}{15}*\frac{8}{14}=\frac{12}{35}\).

The problem in your solution is that the opposite probability of two non-nickel coins in a row is not two nickel in a row, it's two nickels in a row plus either of two coins from two is nickel, which is at least one nickel from two picks:
\(\frac{6}{15}*\frac{5}{14}+2*\frac{6}{15}*\frac{9}{14}=\frac{23}{35}\)

\(P=1-\frac{23}{35}=\frac{12}{35}\)

Answer: B.


so simple and elegant.. +1 for you
Director
Director
Joined: 22 Mar 2013
Status:Everyone is a leader. Just stop listening to others.
Posts: 611
Own Kudos [?]: 4598 [1]
Given Kudos: 235
Location: India
GPA: 3.51
WE:Information Technology (Computer Software)
Send PM
Re: In United States currency, a nickel is worth 5 cents [#permalink]
1
Kudos
Language of this question is very confusing to me. I taught we can draw continuously all coins one by one in sequence.

Possible combinations as:
N-P-N-D-N-P-N-D-N-P-N-D-D-P-P
N-P-N-D-N-P-N-D-N-P-N-P-P-D-D
P-N-D-N-P-N-D-N-P-N-D-N-D-P-P
...
..
.
User avatar
Manager
Manager
Joined: 15 Aug 2013
Posts: 180
Own Kudos [?]: 332 [0]
Given Kudos: 23
Send PM
Re: In United States currency, a nickel is worth 5 cents [#permalink]
Bunuel wrote:
changhiskhan wrote:
In United States currency, a nickel is worth 5 cents, a penny is worth 1 cent, and a dime is worth 10 cents. 100 cents equals one dollar. If a hand purse contains 6 nickels, 5 pennies and 4 dimes, what is the probability of picking a coin other than a nickel twice in a row if the first coin picked is not put back?

a) 8/25
b) 12/35
c) 13/35
d) 9/25
e) 17/25

My approach was calculating what the probability of nickel getting picked twice in a row is and subtracting that probability by 1. Probability of a nickel getting picked the first time is 2/5 and second time is 5/14. (2/5)*(5/14) = 1/7. So I was expecting 6/7 to show up but that choice is not given. I understand the OA and its methodology but what's wrong with my approach?

Thanks!


In this case it would be easier to calculate the probability in direct way:
\(\frac{non-nickel}{all}*\frac{non-nickel -1}{all-1}=\frac{9}{15}*\frac{8}{14}=\frac{12}{35}\).

The problem in your solution is that the opposite probability of two non-nickel coins in a row is not two nickel in a row, it's two nickels in a row plus either of two coins from two is nickel, (so basically the probability of at least one nickel from two picks):
\(\frac{6}{15}*\frac{5}{14}+2*\frac{6}{15}*\frac{9}{14}=\frac{23}{35}\)

\(P=1-\frac{23}{35}=\frac{12}{35}\)

Answer: B.


Hi Bunuel,

I tried a different approach but didn't end up with the same answer. Can you please clarify?

Prob of pennies * Prob of Dimes * Permutation since order doesn't matter
(5/15)(4/14)(2) = 4/21?

Additionally, in your method above (9/15)(8/14) -- Why don't we factor in permutation?
Math Expert
Joined: 02 Sep 2009
Posts: 92979
Own Kudos [?]: 619785 [0]
Given Kudos: 81626
Send PM
In United States currency, a nickel is worth 5 cents [#permalink]
Expert Reply
russ9 wrote:
Bunuel wrote:
changhiskhan wrote:
In United States currency, a nickel is worth 5 cents, a penny is worth 1 cent, and a dime is worth 10 cents. 100 cents equals one dollar. If a hand purse contains 6 nickels, 5 pennies and 4 dimes, what is the probability of picking a coin other than a nickel twice in a row if the first coin picked is not put back?

a) 8/25
b) 12/35
c) 13/35
d) 9/25
e) 17/25

My approach was calculating what the probability of nickel getting picked twice in a row is and subtracting that probability by 1. Probability of a nickel getting picked the first time is 2/5 and second time is 5/14. (2/5)*(5/14) = 1/7. So I was expecting 6/7 to show up but that choice is not given. I understand the OA and its methodology but what's wrong with my approach?

Thanks!


In this case it would be easier to calculate the probability in direct way:
\(\frac{non-nickel}{all}*\frac{non-nickel -1}{all-1}=\frac{9}{15}*\frac{8}{14}=\frac{12}{35}\).

The problem in your solution is that the opposite probability of two non-nickel coins in a row is not two nickel in a row, it's two nickels in a row plus either of two coins from two is nickel, (so basically the probability of at least one nickel from two picks):
\(\frac{6}{15}*\frac{5}{14}+2*\frac{6}{15}*\frac{9}{14}=\frac{23}{35}\)

\(P=1-\frac{23}{35}=\frac{12}{35}\)

Answer: B.


Hi Bunuel,

I tried a different approach but didn't end up with the same answer. Can you please clarify?

Prob of pennies * Prob of Dimes * Permutation since order doesn't matter
(5/15)(4/14)(2) = 4/21?

Additionally, in your method above (9/15)(8/14) -- Why don't we factor in permutation?


Hint: P(two non-nickel) = P(two pennies) + P(two dimes) + P(one penny and one dime).

As for your second question: (not nickel, not nickel) is one case.
Current Student
Joined: 01 Dec 2016
Posts: 79
Own Kudos [?]: 58 [1]
Given Kudos: 32
Concentration: Finance, Entrepreneurship
GMAT 1: 650 Q47 V34
WE:Investment Banking (Investment Banking)
Send PM
Re: In United States currency, a nickel is worth 5 cents [#permalink]
1
Kudos
My input:
This problem has a lot of unnecessary information. Typical example: Fact that 100 cents is equals to 1 dollar is not a necessary information.

It can be reformalute as follows:
A bag contains 6 Red pens and 9 Blue pens.
2 pens are consecutively drawn from the bag; the first drawn is not put back in the bag.
What the probability of drawing 2 Blue pens in a row?

Then it becomes easier: (9/15) * (8/14) = 12/35
Manager
Manager
Joined: 16 Jan 2013
Posts: 66
Own Kudos [?]: 21 [0]
Given Kudos: 1323
Location: Bangladesh
GMAT 1: 490 Q41 V18
GMAT 2: 610 Q45 V28
GPA: 2.75
Send PM
Re: In United States currency, a nickel is worth 5 cents [#permalink]
Can anyone please clarify why we don't multiply (9/15) * (8/14) by 2! ?
Math Expert
Joined: 02 Sep 2009
Posts: 92979
Own Kudos [?]: 619785 [1]
Given Kudos: 81626
Send PM
Re: In United States currency, a nickel is worth 5 cents [#permalink]
1
Kudos
Expert Reply
ranaazad wrote:
Can anyone please clarify why we don't multiply (9/15) * (8/14) by 2! ?


We have 6 nickels and 9 non-nickels. We want the probability P(non-nickel, non-nickel). non-nickel, non-nickel can be arranged only in one way.
Senior SC Moderator
Joined: 22 May 2016
Posts: 5330
Own Kudos [?]: 35503 [0]
Given Kudos: 9464
Send PM
Re: In United States currency, a nickel is worth 5 cents [#permalink]
Expert Reply
changhiskhan wrote:
In United States currency, a nickel is worth 5 cents, a penny is worth 1 cent, and a dime is worth 10 cents. 100 cents equals one dollar. If a hand purse contains 6 nickels, 5 pennies and 4 dimes, what is the probability of picking a coin other than a nickel twice in a row if the first coin picked is not put back?

A. 8/25
B. 12/35
C. 13/35
D. 9/25
E. 17/25

There are
6 nickels = 6N
5 pennies = 5P
4 dimes D = 4D

What is the probability of picking [any] a coin other than that is different from a nickel twice in a row (no replacement)?

I do not think that this question is poorly written except for the extra bits about what each coin is worth. I do think its language might be colloquial. I've put some different language in to show what "a" and "other than" signify.

"Not nickel" = anything other than, or different from, a nickel = pennies and dimes.

Change "not N" to the "affirmative" case: yes to pennies and dimes. When defining "favorable outcome," both P and D are included. Both are different from N.

I think FCP is easiest.

There are 15 coins total. 5P + 4D = 9 coins that give me the desired outcome.

For first pick, total outcomes = 15. Desired outcomes = 9. Probability of desired outcome is \(\frac{9}{15}\): I have 9 chances out of 15 total to get a D or a P.

The total number of coins is now 14. And there is one fewer coin in the desired group. So for second pick, probability of desired outcome is \(\frac{8}{14}\)

\(\frac{9}{15}\) * \(\frac{8}{14}\) = \(\frac{12}{35}\)

Answer B
Manager
Manager
Joined: 08 Jan 2018
Posts: 169
Own Kudos [?]: 991 [0]
Given Kudos: 332
Location: United States (ID)
GPA: 3.33
WE:Accounting (Accounting)
Send PM
Re: In United States currency, a nickel is worth 5 cents [#permalink]
sometimes, gmat gives unnecessary information, we have to pay attention to the right detail.
"100 cents equals one dollar." is just a good distractor.
Manager
Manager
Joined: 03 Sep 2018
Posts: 178
Own Kudos [?]: 90 [0]
Given Kudos: 924
Location: Netherlands
GPA: 4
Send PM
Re: In United States currency, a nickel is worth 5 cents [#permalink]
Why is it incorrect to do
(5C2 + 4C2)/(15C2)?
Math Expert
Joined: 02 Sep 2009
Posts: 92979
Own Kudos [?]: 619785 [1]
Given Kudos: 81626
Send PM
Re: In United States currency, a nickel is worth 5 cents [#permalink]
1
Kudos
Expert Reply
ghnlrug wrote:
Why is it incorrect to do
(5C2 + 4C2)/(15C2)?


I think this is addressed here: https://gmatclub.com/forum/in-united-st ... l#p1368423
Manager
Manager
Joined: 03 Sep 2018
Posts: 178
Own Kudos [?]: 90 [0]
Given Kudos: 924
Location: Netherlands
GPA: 4
Send PM
Re: In United States currency, a nickel is worth 5 cents [#permalink]
Bunuel wrote:
ghnlrug wrote:
Why is it incorrect to do
(5C2 + 4C2)/(15C2)?


I think this is addressed here: https://gmatclub.com/forum/in-united-st ... l#p1368423


Thanks Bunuel, I appreciate it. So the correct way is (9C2)/(15C2), but could you explain how the question would be so that (5C2 + 4C2)/(15C2) is actually the right answer?
Math Expert
Joined: 02 Sep 2009
Posts: 92979
Own Kudos [?]: 619785 [0]
Given Kudos: 81626
Send PM
In United States currency, a nickel is worth 5 cents [#permalink]
Expert Reply
ghnlrug wrote:
Bunuel wrote:
ghnlrug wrote:
Why is it incorrect to do
(5C2 + 4C2)/(15C2)?


I think this is addressed here: https://gmatclub.com/forum/in-united-st ... l#p1368423


Thanks Bunuel, I appreciate it. So the correct way is (9C2)/(15C2), but could you explain how the question would be so that (5C2 + 4C2)/(15C2) is actually the right answer?


P(two non-nickel) = P(two pennies) + P(two dimes) + P(one penny and one dime) = \(\frac{5C2 + 4C2 + 5C1*4C1}{15C2}=\frac{10+6+5*4}{105}=\frac{12}{35}\)
Manager
Manager
Joined: 14 May 2018
Posts: 75
Own Kudos [?]: 69 [3]
Given Kudos: 100
Send PM
Re: In United States currency, a nickel is worth 5 cents [#permalink]
3
Kudos
either of two coins from two is nickel, (so basically the probability of at least one nickel from two picks)
Could you please explain this part?
Bunuel
Math Expert
Joined: 02 Sep 2009
Posts: 92979
Own Kudos [?]: 619785 [1]
Given Kudos: 81626
Send PM
Re: In United States currency, a nickel is worth 5 cents [#permalink]
1
Kudos
Expert Reply
nishthagupta wrote:
either of two coins from two is nickel, (so basically the probability of at least one nickel from two picks)
Could you please explain this part?
Bunuel


We want to find the probability of picking a coin other than a nickel twice in a row. When picking two coins we can get:
{penny, penny}
{penny, dime}
{dime, dime}

{penny, nickel}
{dime, nickel}
{nickel, nickel}


So, we want to find the probability of green events, and the red events are the events we don't want. Basically we want any event which does not have a nickel and don't want any event which has at least one nickel.
GMAT Club Bot
Re: In United States currency, a nickel is worth 5 cents [#permalink]
 1   2   
Moderators:
Math Expert
92979 posts
Senior Moderator - Masters Forum
3137 posts

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