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24 Jan 2024, 01:33
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59% (01:00) correct
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Lee has three separate savings accounts. What is the total amount of money in the three accounts?
(1) The total amount of money in any two of the accounts is $8,000.
(2) At least one of the accounts contains $4,000.
2024-01-24_12-31-31.png [ 33.52 KiB | Viewed 6659 times ]
(1) The total amount of money in any two of the accounts is $8,000.
(2) At least one of the accounts contains $4,000.
Attachment:
2024-01-24_12-31-31.png [ 33.52 KiB | Viewed 6659 times ]
26 Jan 2024, 18:27
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guddo
Lee has three separate savings accounts. What is the total amount of money in the three accounts?
(1) The total amount of money in any two of the accounts is $8,000.
(2) At least one of the accounts contains $4,000.
(1) The total amount of money in any two of the accounts is $8,000.
(2) At least one of the accounts contains $4,000.
Attachment:
2024-01-24_12-31-31.png
(1) The total amount of money in any two of the accounts is $8,000.
This is only possible if all accounts have \($4000\) each. So no matter which two we pick we will always land up with \($8000\).
Thus total amount is \($4000*3 =$12,000\)
SUFF.
(2) At least one of the accounts contains $4,000
We have no idea about the other two, so not sufficient.
INSUFF.
Ans A.
Hope it helped.
28 Jan 2024, 12:40
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guddo
Lee has three separate savings accounts. What is the total amount of money in the three accounts?
(1) The total amount of money in any two of the accounts is $8,000.
(2) At least one of the accounts contains $4,000.
(1) The total amount of money in any two of the accounts is $8,000.
(2) At least one of the accounts contains $4,000.
Attachment:
2024-01-24_12-31-31.png
Statement 1
(1) The total amount of money in any two of the accounts is $8,000.
As the total money in any of the two accounts is 8000, we can infer that each account consists of exactly $4000.
Hence, the total amount of money in the three accounts = 4000 * 3 = $12,000
This statement alone is sufficient. We can eliminate B, C, and E.
Statement 2
(2) At least one of the accounts contains $4,000.
While we know that at least one of the accounts contains $4,000, we don't know the amount of money in the other two accounts.
Assume that each account consists of $4000, the total amount of money in the three accounts = 4000 * 3 = $12,000.
However, if the other two accounts consist of a combined amount of $1000, the total amount of money in the three accounts = $5,000.
As we are getting multiple possibilities, Statement 2 alone is not sufficient to answer the question.
Option A
