NEW HERE? LEARN MORE
closeclose
Last visit was: 28 Apr 2024, 02:46 It is currently 28 Apr 2024, 02:46
Decision Tracker
My Rewards
New posts
New comers' posts

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.
Go to My Error Log Learn more
Close
Request Expert Reply
Confirm Cancel

The Kingdom of Zenda uses an unusual currency system. It takes 16

SORT BY:
Date
Kudos
Tags:
Find Similar Topics 
Show Tags
Hide Tags
User avatar
B
abhisheksakha
Intern
Intern
Joined: 07 Feb 2023
Posts: 3
Own Kudos [?]: 2 [2]
Given Kudos: 6
Location: India
Send PM
The Kingdom of Zenda uses an unusual currency system. It takes 16 [#permalink] New post   Updated on: 14 Apr 2023, 07:00
2
Bookmarks
00:00
A
B
C
D
E

Difficulty:

55% (hard)

Question Stats:

64% (02:56) correct 36% (03:12) wrong based on 47 sessions
Hide Show timer Statistics
The Kingdom of Zenda uses an unusual currency system. It takes 16 kronkheits to make a grotnik and 12 grotniks to make a gazoo. At current, $1 can be exchanged for 8 grotniks and 8 kronkheits. For how much American currency can a visitor from Zenda exchange a 100-gazoo bill, to the nearest cent?

A. $11.76
B. $70.83
C. $85.00
D. $141.18
E. None of the above
ShowHide Answer
Official Answer
D

Originally posted by abhisheksakha on 14 Apr 2023, 06:55.
Last edited by Bunuel on 14 Apr 2023, 07:00, edited 1 time in total.
Renamed the topic, edited the question, moved to PS forum and added the OA.
User avatar
G
ThatDudeKnows
Tutor
Joined: 11 May 2022
Posts: 1092
Own Kudos [?]: 698 [0]
Given Kudos: 81
Send PM
Re: The Kingdom of Zenda uses an unusual currency system. It takes 16 [#permalink] New post   14 Apr 2023, 07:26
Expert Reply
abhisheksakha wrote:
The Kingdom of Zenda uses an unusual currency system. It takes 16 kronkheits to make a grotnik and 12 grotniks to make a gazoo. At current, $1 can be exchanged for 8 grotniks and 8 kronkheits. For how much American currency can a visitor from Zenda exchange a 100-gazoo bill, to the nearest cent?

A. $11.76
B. $70.83
C. $85.00
D. $141.18
E. None of the above


$1 = 8.5/12 of what we'd need for a gazoo.

100 gazoos * 12/8.5 = 1200/8.5 = 141

Answer choice D.
User avatar
B
abhisheksakha
Intern
Intern
Joined: 07 Feb 2023
Posts: 3
Own Kudos [?]: 2 [0]
Given Kudos: 6
Location: India
Send PM
Re: The Kingdom of Zenda uses an unusual currency system. It takes 16 [#permalink] New post   14 Apr 2023, 09:41
from where does that 8.5 comes sir sorry if I sound silly
User avatar
G
ThatDudeKnows
Tutor
Joined: 11 May 2022
Posts: 1092
Own Kudos [?]: 698 [1]
Given Kudos: 81
Send PM
Re: The Kingdom of Zenda uses an unusual currency system. It takes 16 [#permalink] New post   14 Apr 2023, 10:00
1
Kudos
Expert Reply
abhisheksakha wrote:
from where does that 8.5 comes sir sorry if I sound silly


abhisheksakha

Not silly at all...would be silly if you didn't understand and decided NOT to ask!! :)

$1 gets us 8 grotniks and 8 kronkheits.

12 grotniks gets us a gazoo. We have 8 grotniks plus enough kronkheits to get half of another grotnik. So we have 8.5 of the 12 grotniks required to get a gazoo. 8.5/12
User avatar
L
Archit3110
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
GMAT ToolKit User CAT Tests
Re: The Kingdom of Zenda uses an unusual currency system. It takes 16 [#permalink] New post   14 Apr 2023, 10:14
1
Kudos
abhisheksakha wrote:
from where does that 8.5 comes sir sorry if I sound silly

question says It takes 16 kronkheits to make a grotnik so (8 kronkheits is one-half of a grotnik)
$1 can be exchanged for 8 grotniks and 8 kronkheits, or say 8.5 grotniks
User avatar
B
Jitesh8
Intern
Intern
Joined: 11 Nov 2022
Posts: 29
Own Kudos [?]: 7 [0]
Given Kudos: 4
Location: India
Send PM
Re: The Kingdom of Zenda uses an unusual currency system. It takes 16 [#permalink] New post   14 Apr 2023, 11:14
abhisheksakha wrote:
The Kingdom of Zenda uses an unusual currency system. It takes 16 kronkheits to make a grotnik and 12 grotniks to make a gazoo. At current, $1 can be exchanged for 8 grotniks and 8 kronkheits. For how much American currency can a visitor from Zenda exchange a 100-gazoo bill, to the nearest cent?

A. $11.76
B. $70.83
C. $85.00
D. $141.18
E. None of the above




Given: $1= 8 grotniks + 8 kronkheits
16 kronkheits= 1 grotniks
12 grotniks= 1 gazoo

for 100 gazoo

1 gazoo =12 grotniks
100 gazoo = 1200 grotniks


$1=8.5 grotniks
therefore 1200/8.5= 141.18

Option D
GMAT Club Bot
gmatclubot
Re: The Kingdom of Zenda uses an unusual currency system. It takes 16 [#permalink]
14 Apr 2023, 11:14
Moderators:
Bunuel
Math Expert
92964 posts
yashikaaggarwal
Senior Moderator - Masters Forum
3137 posts

Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne
Main navigation
GMAT Resources
Partners
MBA Resources
www.gmac.com|www.mba.com | | GMAT Club Rules | Terms and Conditions