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

It is currently 23 Sep 2018, 18:55

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

Last month Bill spent $6,000. How much did bill spend on taxes last mo

  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: 49320
Last month Bill spent $6,000. How much did bill spend on taxes last mo  [#permalink]

Show Tags

New post 19 Sep 2016, 05:40
00:00
A
B
C
D
E

Difficulty:

  15% (low)

Question Stats:

81% (00:50) correct 19% (00:07) wrong based on 36 sessions

HideShow timer Statistics

Last month Bill spent $6,000. How much did bill spend on taxes last month?

(1) The total amount Bill spent on taxes was 70% of the amount he spent on groceries.

(2) 40% of the total amount Bill spent last month was spent on taxes and groceries.

_________________

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

Retired Moderator
avatar
G
Joined: 26 Nov 2012
Posts: 597
Premium Member
Re: Last month Bill spent $6,000. How much did bill spend on taxes last mo  [#permalink]

Show Tags

New post 19 Sep 2016, 05:55
Bunuel wrote:
Last month Bill spent $6,000. How much did bill spend on taxes last month?

(1) The total amount Bill spent on taxes was 70% of the amount he spent on groceries.

(2) 40% of the total amount Bill spent last month was spent on taxes and groceries.



Stat 1: Total bill on taxes = 7/10(groceries) => we don't have information about groceries..Insufficient.

Stat 2: 4/10(6000) = Tax + grocery => T+G = 2400...Insufficient...we don't know G value

Both : T = 7/10(G)

Then 2400 = 7/10(G) + G => we get G value and sub this value in the above equation to get T.

IMO opiton C.
Intern
Intern
avatar
B
Joined: 17 Jan 2018
Posts: 44
Re: Last month Bill spent $6,000. How much did bill spend on taxes last mo  [#permalink]

Show Tags

New post 31 Mar 2018, 06:04
Let's take option A =>

Taxes = 70% of Groceries. We don't know how much Bill spent on groceries.
Not sufficient.

Let's take option B =>

Taxes + Groceries = 40 % of $6000
Taxes + Groceries = $2400
Not sufficient.

Taking them both.
Two equations. Two unknowns.
Sufficient.
C.
Bunuel wrote:
Last month Bill spent $6,000. How much did bill spend on taxes last month?

(1) The total amount Bill spent on taxes was 70% of the amount he spent on groceries.

(2) 40% of the total amount Bill spent last month was spent on taxes and groceries.
GMAT Club Bot
Re: Last month Bill spent $6,000. How much did bill spend on taxes last mo &nbs [#permalink] 31 Mar 2018, 06:04
Display posts from previous: Sort by

Last month Bill spent $6,000. How much did bill spend on taxes last mo

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

Events & Promotions

PREV
NEXT


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®.