Last visit was: 28 Apr 2024, 00:36 It is currently 28 Apr 2024, 00:36

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:
Difficulty: 555-605 Levelx   Word Problemsx                     
Show Tags
Hide Tags
Math Expert
Joined: 02 Sep 2009
Posts: 92959
Own Kudos [?]: 619547 [46]
Given Kudos: 81611
Send PM
Most Helpful Reply
Math Expert
Joined: 02 Sep 2009
Posts: 92959
Own Kudos [?]: 619547 [28]
Given Kudos: 81611
Send PM
General Discussion
User avatar
Manager
Manager
Joined: 15 Jun 2010
Posts: 242
Own Kudos [?]: 1176 [2]
Given Kudos: 50
Concentration: Marketing
Schools:IE'14, ISB'14, Kellogg'15
 Q47  V26 GMAT 2: 540  Q45  V19 GMAT 3: 580  Q48  V23
GPA: 3.2
WE 1: 7 Yrs in Automobile (Commercial Vehicle industry)
Send PM
Senior Manager
Senior Manager
Joined: 24 Aug 2009
Posts: 388
Own Kudos [?]: 2262 [1]
Given Kudos: 276
Concentration: Finance
Schools:Harvard, Columbia, Stern, Booth, LSB,
Send PM
Re: Each gift certificate sold yesterday by a certain bookstore [#permalink]
1
Kudos
Let the no of $10 & $50 certificates is x & y respectively
Question is x+y=?
Given y>5
Note:- x & y can only take positive integer values
1) x<10 ---> Not sufficient
2) 10x + 50y = 460 ----> x + 5y = 46
Possible values of (x & y) are (16,6), (11,7), (6,8) ,(1,9) --->Insufficient
1+2) Given x<10 & y>5 , possible pairs are (6,8) ,(1,9) ----> No unique value -->Insufficient
Answer E
User avatar
Senior Manager
Senior Manager
Joined: 31 Oct 2011
Posts: 474
Own Kudos [?]: 277 [2]
Given Kudos: 57
GMAT 1: 690 Q45 V40
WE:Asset Management (Mutual Funds and Brokerage)
Send PM
Re: Each gift certificate sold yesterday by a certain bookstore [#permalink]
2
Kudos
Let Y = # of gift certificates sold with a value of 50.
Let X = # of gift certificates sold with a value of 10.
Y > 5
Find X + Y

1) X < 10
The solution could be 16X + 6Y = 460 or it could be 6X + 9Y = 390 Insufficient

2) 10X + 50Y = 460
The solution could be 16X + 6Y = 460 or it could be 1X + 9Y = 460 Insufficient

Combining 1 + 2 X < 10, 10X + 50Y = 460
The solution could be 1X + 9Y = 460 (Total of 10) or it could be 16X + 6Y = 460 (Total of 22) Insufficient

The answer is E
User avatar
Manager
Manager
Joined: 22 Dec 2011
Posts: 175
Own Kudos [?]: 1044 [1]
Given Kudos: 32
Send PM
Re: Each gift certificate sold yesterday by a certain bookstore [#permalink]
1
Kudos
Bunuel wrote:
The Official Guide for GMAT® Review, 13th Edition - Quantitative Questions Project

Each gift certificate sold yesterday by a certain bookstore cost either $10 or $50. If yesterday the bookstore sold more than 5 gift certificates that cost $50 each, what was the total number of gift certificates sold yesterday by the bookstore?

(1) Yesterday the bookstore sold fewer than 10 gift certificates that cost $10 each.
(2) The total cost of gift certificates sold yesterday by the bookstore was $460.



let x be the nos of 10$ copies and y be nos of 50$ copies
so x10 + y50 = some value
stem also says y>5

Question x+y = ?

Statement 1/ x<10 (from stem y>5) many combinations are possible for x+y so NS
Statment 2/ x10 + y50 = 460

As y> 5 then we can find out the possible values for x

x10 + 300 = 460 ............ when y = 6 then x=16
x10 + 350 = 460 ................. y=7 then x=11
x10 + 400 = 460..................y=8 then x=6
x10 + 450 = 460 .............y=9 then x=1

on solving above we can get x = 16,11,6,1 Nt sufficient to calcuate value of x+y

Combined we know y>5 and x <10 even then we have 2 value pairs for (x,y) = (6,8) (1,9)

so E
User avatar
Manager
Manager
Joined: 16 Feb 2012
Posts: 126
Own Kudos [?]: 2066 [1]
Given Kudos: 121
Concentration: Finance, Economics
Send PM
Re: Each gift certificate sold yesterday by a certain bookstore [#permalink]
1
Kudos
Each gift certificate sold yesterday by a certain bookstore cost either $10 or $50. If yesterday the bookstore sold more than 5 gift certificates that cost $50 each, what was the total number of gift certificates sold yesterday by the bookstore?

(1) Yesterday the bookstore sold fewer than 10 gift certificates that cost $10 each.
(2) The total cost of gift certificates sold yesterday by the bookstore was $460.

Statement 1: Insufficient
We don't know the exact number of gift certificates sold, there could be more than one solution.
Statement 2: Insufficient
Same as in the statement 1, there could be one 10$ gift certificate and nine 50$ gift certificates...or sixteen 10$ gift certificates and six 50$ gift certificates.

Together statements don't provide the solution, so the answer is E.
User avatar
Manager
Manager
Joined: 12 Jan 2013
Posts: 107
Own Kudos [?]: 206 [0]
Given Kudos: 47
Send PM
Re: Each gift certificate sold yesterday by a certain bookstore [#permalink]
Bunuel wrote:
Each gift certificate sold yesterday by a certain bookstore cost either $10 or $50. If yesterday the bookstore sold more than 5 gift certificates that cost $50 each, what was the total number of gift certificates sold yesterday by the bookstore?

(1) Yesterday the bookstore sold fewer than 10 gift certificates that cost $10 each.
(2) The total cost of gift certificates sold yesterday by the bookstore was $460.

Practice Questions
Question: 57
Page: 279
Difficulty: 600


We are given the equation: 10*x + 50*y = Total Sales, by the stem. Also, we're given the restriction y > 5.

1) Gives us the restriction x < 10, but as we have absolutely no idea what total sales are, theoretically we have almost infinite possibilities (and even with TS it would be insufficient). Insufficient.
2) Solves one of our three unknowns, so clearly insufficient..

If we combine the two, the only thing we know is that 10*10 + 5*50 is not a possible value (neither are certain other combinations of x and y), and that the total sales = 460.. So, 10*x + 5*y = 460..
This means that the difference could be more/less than 110 (because of 10*10 + 5*50 = 110 not being a possible combination) .. And we could combine x and y in many different ways to arrive at 110, for instance 11x's and no y's, or 2y's and 1 x... And even at that, we still only have a vague, non-definite relation between X and Y, even though we have solved for Total Sales.

So all in all, the stem + the two statements really only give us a weak restriction for X and Y, and solve for total sales.. So we still have 2 unknowns that we need to solve for, and thus the info is insufficient..

Our answer is E.
Intern
Intern
Joined: 30 Dec 2013
Posts: 19
Own Kudos [?]: 6 [0]
Given Kudos: 187
Send PM
Re: Each gift certificate sold yesterday by a certain bookstore [#permalink]
Hi BB. You are doing great job. Salute.
Is this question really 700 level? OG is said to be in increasing difficulty order so how can Q.57 be level 700 question?

Respectfully,
Verve42
Math Expert
Joined: 02 Sep 2009
Posts: 92959
Own Kudos [?]: 619547 [0]
Given Kudos: 81611
Send PM
Re: Each gift certificate sold yesterday by a certain bookstore [#permalink]
Expert Reply
Verve42 wrote:
Hi BB. You are doing great job. Salute.
Is this question really 700 level? OG is said to be in increasing difficulty order so how can Q.57 be level 700 question?

Respectfully,
Verve42


Thank you! But I'm not BB. BB is completely different person: members/member-3.html

As for the difficulty level of this question: it's calculated based on the Timer (check the original post) and according to sessions of 356 users, it is a 700 question.
Manager
Manager
Joined: 05 Nov 2014
Posts: 79
Own Kudos [?]: 83 [0]
Given Kudos: 113
Location: India
Concentration: Strategy, Operations
GMAT 1: 580 Q49 V21
GPA: 3.75
Send PM
Re: Each gift certificate sold yesterday by a certain bookstore [#permalink]
Bunuel wrote:
Each gift certificate sold yesterday by a certain bookstore cost either $10 or $50. If yesterday the bookstore sold more than 5 gift certificates that cost $50 each, what was the total number of gift certificates sold yesterday by the bookstore?

(1) Yesterday the bookstore sold fewer than 10 gift certificates that cost $10 each.
(2) The total cost of gift certificates sold yesterday by the bookstore was $460.

Practice Questions
Question: 57
Page: 279
Difficulty: 600


Statement 1: It doesn't provide any useful information on its own to solve the problem. Knowing fewer than 10 certificates of cost $10 is not enough to answer the problem.
Statement 2: We can have 8 number of $50 and 6 number of $10 or we can have 9 number of $50 and 1 number of $10.

Combining both, we don't get a unique solution,we still have 2 valid choices. So the answer is E
Target Test Prep Representative
Joined: 04 Mar 2011
Status:Head GMAT Instructor
Affiliations: Target Test Prep
Posts: 3043
Own Kudos [?]: 6284 [0]
Given Kudos: 1646
Send PM
Re: Each gift certificate sold yesterday by a certain bookstore [#permalink]
Expert Reply
Bunuel wrote:
Each gift certificate sold yesterday by a certain bookstore cost either $10 or $50. If yesterday the bookstore sold more than 5 gift certificates that cost $50 each, what was the total number of gift certificates sold yesterday by the bookstore?

(1) Yesterday the bookstore sold fewer than 10 gift certificates that cost $10 each.
(2) The total cost of gift certificates sold yesterday by the bookstore was $460.


We can let x = the number of $10 gift certificates and y = the number of $50 gift certificates.

Thus, we know that y > 5.

We need to determine the value of x + y.

Statement One Alone:

Yesterday the bookstore sold fewer than 10 gift certificates that cost $10 each.

Using the information in statement one, we know that x < 10.

Without knowing the exact values of x and y, statement one alone is not sufficient to answer the question.

Statement Two Alone:

The total cost of gift certificates sold yesterday by the bookstore was $460.

We can create the following equation:

10x + 50y = 460

x + 5y = 46

We see that y could be 8 and x could be 6, or y could be 9 and x could be 1. In one case, x + y is 14, and in the other, x + y is 10. Therefore, we do not have a definitive value for x + y. Statement two alone is not sufficient to answer the question.

Statements One and Two Together:

Using the given information, we see that:

y > 5

x < 10

x + 5y = 46

Furthermore, x and y are integers. We can substitute integer values for y (as long as it satisfies the first inequality) and check whether these values will also satisfy the other inequality and equation. For example:

If y = 6, then x = 16 (using the equation x + 5y = 46). But, then x is not less than 10, so y can’t be 6.

If y = 7, then x = 11. Again, x is not less than 10, so y can’t be 7.

If y = 8, then x = 6. We see that x is less than 10. So y can be 8 and x will be 6.

If y = 9, then x = 1. We see that x is less than 10, so y can be 9 and x will be 1.

However, we have two different values each for x and y, adding up to different values. Both statements together still are not sufficient to answer the question.

Answer: E
GMAT Club Legend
GMAT Club Legend
Joined: 19 Dec 2014
Status:GMAT Assassin/Co-Founder
Affiliations: EMPOWERgmat
Posts: 21846
Own Kudos [?]: 11669 [0]
Given Kudos: 450
Location: United States (CA)
GMAT 1: 800 Q51 V49
GRE 1: Q170 V170
Send PM
Re: Each gift certificate sold yesterday by a certain bookstore [#permalink]
Expert Reply
Hi All,

We're told that Each gift certificate sold yesterday cost either $10 or $50 and that the bookstore sold MORE than 5 gift certificates that cost $50 each. We're asked for the total number of gift certificates sold yesterday by the bookstore. This question can be solved by TESTing VALUES.

1) Yesterday the bookstore sold fewer than 10 gift certificates that cost $10 each.

Fact 1 tells us that there could be from 0-10 $10 certificates and 6 or more $50 certificates, but we don't know the TOTAL certificates sold.
Fact 1 is INSUFFICIENT

2) The total cost of gift certificates sold yesterday by the bookstore was $460.

IF...
8 $50 certificates and 6 $10 certificates were sold, then the answer to the question is 14.
9 $50 certificates and 1 $10 certificates were sold, then the answer to the question is 10.
Fact 2 is INSUFFICIENT

Combined, we already have two TESTs that 'fit' both Facts and provide different results:
8 $50 certificates and 6 $10 certificates were sold, then the answer to the question is 14.
9 $50 certificates and 1 $10 certificates were sold, then the answer to the question is 10.
Combined, INSUFFICIENT

Final Answer:

GMAT assassins aren't born, they're made,
Rich
User avatar
Non-Human User
Joined: 09 Sep 2013
Posts: 32714
Own Kudos [?]: 822 [0]
Given Kudos: 0
Send PM
Re: Each gift certificate sold yesterday by a certain bookstore [#permalink]
Hello from the GMAT Club BumpBot!

Thanks to another GMAT Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).

Want to see all other topics I dig out? Follow me (click follow button on profile). You will receive a summary of all topics I bump in your profile area as well as via email.
GMAT Club Bot
Re: Each gift certificate sold yesterday by a certain bookstore [#permalink]
Moderator:
Math Expert
92959 posts

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