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Re: Marge received a certain amount of money as a gift. She spent half of [#permalink]
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Simple Approach

Always think of a number easy to breakdown. Money received as a gift = $200.

w1: Spent half of 200 --> $100 left. Now, 100 is a very nice number to break down easily.
w2: 1/2 of 100 = $50
w3: 1/2 of 50 = $25
w4: 1/2 of 25 = $12.5
w5: 1/2 of 12.5 = $6.25

Add them all up, (100+50+25+12.5+6.25) (without even needing to add the decimals for quick & simple math), you've spent $193 on w5, which is the first week you'd spend more than 19/20 of the $200 (which is $190 btw).

Voila.
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Re: Marge received a certain amount of money as a gift. She spent half of [#permalink]
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To solve this question:
Let’s take the amount of money as $X
Now let’s list first 4 weeks of how much she spent

1st week : X/2
2nd week : X/4
3rd week : X/8
4th week : X/16


Before we move on,let’s find out how much 19/20 of X is
19X/20

Next step:Find the total money she spent in 4 weeks
15X/16 and 19X/20

OH NO…
15X/16 < 19X/20
This is not what we were looking for
How about we check for 5 weeks.

15X/16 + X/32 = 31X/32
Now next ste-
Wait…
31X/32>19X/20
This is exactly what we wanted
Therefore the answer is
Answer =B

Posted from my mobile device
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Re: Marge received a certain amount of money as a gift. She spent half of [#permalink]
gmatophobia wrote:
ChandlerBong wrote:
Marge received a certain amount of money as a gift. She spent half of the amount in the first week. In each subsequent week for the next 12 weeks, she spent half of the amount remaining from the previous week. What was the first week in which the total amount of the gift that Marge had spent was greater than \(\frac{19}{20}\) of the amount of the gift?

A. 4th

B. 5th

C. 6th

D. 9th

E. 10th

Let's assume that Marge received $\(2x\) as a gift

The amount she spends the first week = \(x\)

The amount she spends the second week = \(\frac{x}{2}\)

The amount she spends the third week = \(\frac{x}{4}\)

The amount she spends the fourth week = \(\frac{x}{8}\)
.
.
so on

Question: What was the first week in which the total amount of the gift that Marge had spent was greater than \(\frac{19}{20}\) of the amount of the gift?

Expenses by Marge = {\(x\), \(\frac{x}{2}\), \(\frac{x}{4}\), \(\frac{x}{8}\), ...}

The expenses by Marge represent a Geometric progression with a common difference of \(\frac{1}{2}\)

\(\frac{19}{20} * 2x < x * \frac{(1-(\frac{1}{2})^n)}{1-\frac{1}{2}}\)

\(\frac{19}{20} * 2x < 2x(1-(\frac{1}{2})^n)\)

Dividing both sides of the equation by \(2x\)

\(\frac{19}{20} < 1-(\frac{1}{2})^n\)

\( (\frac{1}{2})^n < 1 - \frac{19}{20}\)

\( (\frac{1}{2})^n < \frac{1}{20}\)

Hence, the minimum value of n for which \( (\frac{1}{2})^n < \frac{1}{20}\) is \(5\)

Option B

­Hello gmatophobia

There seems to be a typo in this answer posted by you.
Could you please check it once?

Instead of common difference it should be common ratio
Thanks
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Re: Marge received a certain amount of money as a gift. She spent half of [#permalink]
­* If more than 19/20th part of gift has already been spent on starting of some week then must have left with less than or equal to              1/20th part on the same weak.
   Therefore find out in which weak gift amount comes below 1/20th part. i.e for what smallest value of 'n'(weak) 
    (1/2)^n <=1/20
      n=5  (Ans)
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Re: Marge received a certain amount of money as a gift. She spent half of [#permalink]
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