Last visit was: 28 Apr 2024, 01:00 It is currently 28 Apr 2024, 01:00

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
Math Expert
Joined: 02 Sep 2009
Posts: 92961
Own Kudos [?]: 619554 [3]
Given Kudos: 81613
Send PM
GMAT Club Legend
GMAT Club Legend
Joined: 18 Aug 2017
Status:You learn more from failure than from success.
Posts: 8022
Own Kudos [?]: 4100 [1]
Given Kudos: 242
Location: India
Concentration: Sustainability, Marketing
GMAT Focus 1:
545 Q79 V79 DI73
GPA: 4
WE:Marketing (Energy and Utilities)
Send PM
Director
Director
Joined: 01 Mar 2019
Posts: 592
Own Kudos [?]: 506 [1]
Given Kudos: 207
Location: India
Concentration: Strategy, Social Entrepreneurship
GMAT 1: 580 Q48 V21
GPA: 4
Send PM
CEO
CEO
Joined: 07 Mar 2019
Posts: 2556
Own Kudos [?]: 1813 [1]
Given Kudos: 763
Location: India
WE:Sales (Energy and Utilities)
Send PM
Re: John has 13 ten-dollar bills, 11 five-dollar bills, and 17 one-dollar [#permalink]
1
Kudos
John has 13 ten-dollar bills, 11 five-dollar bills, and 17 one-dollar bills. If John needs to pay exactly $128, what is the least number of bills he will need to use?

A. 14
B. 16
C. 17
D. 19
E. 20

To reach near to the amount of $128, ten-dollar bills must be maximum in number such that it satisfies the condition. So,
10 * 13 + 5 * .. does not satisfy as it is more than 128
10 * 12 + 5 * 1 + 1 * 3 = 128 Total 16 bills
10 * 11 + 5 * 3 + 1 * 3 = 128 Total 17 bills [Since 10 = 5 * 2, total number of bills is gong to increase here on-wards because for every decrease in number of ten dollar bills there's an increase of two five dollar bills]
10 * 10 + 5 * 5 + 1 * 3 = 128 Total 18 bills (similar trend as above)

Answer B.
Director
Director
Joined: 25 Jul 2018
Posts: 668
Own Kudos [?]: 1119 [1]
Given Kudos: 69
Send PM
Re: John has 13 ten-dollar bills, 11 five-dollar bills, and 17 one-dollar [#permalink]
1
Kudos
John has:
—> 13 ten-dollar bills
—> 11 five-dollar bills
—> 17 one-dollar bills

Exactly $128= 12*(ten-dollar)+ 1*(five-dollar)+ 3*(one-dollar)

The least number of bills is 12+1+3=16

The answer is B.

Posted from my mobile device
Director
Director
Joined: 22 Feb 2018
Posts: 754
Own Kudos [?]: 1022 [1]
Given Kudos: 134
Send PM
Re: John has 13 ten-dollar bills, 11 five-dollar bills, and 17 one-dollar [#permalink]
1
Kudos
John has 13 ten-dollar bills, 11 five-dollar bills, and 17 one-dollar bills. If John needs to pay exactly $128, what is the least number of bills he will need to use?

Available bills, $ 10 bills = 13, $ 5 bills = 11 and $ 1 bills = 17

Need to pay exactly $ 128 = 12 * $ 10 + 1 * $ 5 + 3 * $ 1= $128

Hence, total least number of bills he will need to use = 12 + 1+ 3 = 16

A. 14
B. 16
C. 17
D. 19
E. 20

Imo. B
Math Expert
Joined: 02 Sep 2009
Posts: 92961
Own Kudos [?]: 619554 [0]
Given Kudos: 81613
Send PM
John has 13 ten-dollar bills, 11 five-dollar bills, and 17 one-dollar [#permalink]
Expert Reply
Bunuel wrote:

Competition Mode Question



John has 13 ten-dollar bills, 11 five-dollar bills, and 17 one-dollar bills. If John needs to pay exactly $128, what is the least number of bills he will need to use?

A. 14
B. 16
C. 17
D. 19
E. 20

Experience a GMAT Club Test Questions
Yes, you've landed on a GMAT Club Tests question
Craving more? Unlock our full suite of GMAT Club Tests here
Want to experience more? Get a taste of our tests with our free trial today
Rise to the challenge with GMAT Club Tests. Happy practicing!


No combination of ten-dollar or five-dollar bills will give an amount ending in 8. Therefore, John must use at least 3 one-dollar bills to make up this difference. To accumulate the remaining $125, John should use the fewest bills possible: 12 ten-dollar bills and 1 five-dollar bill.

Thus, the least number of bills John will need to use to pay exactly $128 is 16: 12 ten-dollar bills, 1 five-dollar bill, and 3 one-dollar bills.

Answer: B
GMAT Club Bot
John has 13 ten-dollar bills, 11 five-dollar bills, and 17 one-dollar [#permalink]
Moderators:
Math Expert
92960 posts
Senior Moderator - Masters Forum
3137 posts

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