Events & Promotions
|
|
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
Track
Your Progress
Practice
Pays
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Apr 2301:30 AM EDT
-02:30 AM EDT
Struggling with GMAT Verbal as a non-native speaker? Harsh improved his score from 595 to 695 in just 45 days—and scored a 99 %ile in Verbal (V88)! Learn how smart strategy, clarity, and guided prep helped him gain 100 points.
Apr 2308:00 PM PDT
-09:00 PM PDT
Video explanations + diagnosis of 10 weakest areas + 150+ short videos + study plan!
Apr 2212:30 AM EDT
-01:30 AM EDT
At one point, she believed GMAT wasn’t for her. After scoring 595, self-doubt crept in and she questioned her potential. But instead of quitting, she made the right strategic changes. The result? A remarkable comeback to 695. Check out how Saakshi did it.
Apr 2610:00 AM EDT
-11:00 AM EDT
The Target Test Prep course represents a quantum leap forward in GMAT preparation, a radical reinterpretation of the way that students should study. Try before you buy with a 5-day, full-access trial of the course for FREE!
Apr 2711:00 AM EDT
-12:00 PM EDT
Prefer video-based learning? The Target Test Prep OnDemand course is a one-of-a-kind video masterclass featuring 400 hours of lecture-style teaching by Scott Woodbury-Stewart, founder of Target Test Prep and one of the most accomplished GMAT instructors
Apr 2808:00 AM PDT
-11:00 AM PDT
Whether you are just beginning your MBA journey or fine-tuning your path to a 700+ score, GMAT Day is designed to give you a competitive edge.
17 Jun 2021, 03:00
Kudos
Bookmarks
B
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
45%
(medium)
Question Stats:
74% (02:58) correct
26%
(02:54)
wrong
based on 212
sessions
History
Date
Time
Result
Not Attempted Yet
Rs. 16,820 is divided between Seeta and Geeta who are 27 and 25 years old, respectively. Their money is invested at 5% per annum compound interest in such a way that both receive equal money at the age of 40 years. Find the share of each out of Rs. 16,820.
(A) Rs. 8,280 and Rs. 6,920
(B) Rs. 8,820 and Rs. 8,000
(C) Rs. 8,830.50 and Rs. 8,830.50
(D) Rs. 8,410 and Rs. 8,410
(E) Rs. 8,410 and Rs. 9,251
(A) Rs. 8,280 and Rs. 6,920
(B) Rs. 8,820 and Rs. 8,000
(C) Rs. 8,830.50 and Rs. 8,830.50
(D) Rs. 8,410 and Rs. 8,410
(E) Rs. 8,410 and Rs. 9,251
18 Jun 2021, 01:54
Kudos
Bookmarks
Geeta is younger and will receive interest for 15 years, whereas Seeta will only receive it for 13 years. The final amount will be equal when an initial investment of Seeta is larger than Geeta.
So, options C, D, and E are out.
=> Seeta's amount * \((1.05)^{13}\) = Geeta's amount * \((1.05)^{15}\)
=> \( \frac{Seeta }{ Geeta} = 1.05^2 = 1.1025\)
Option B: \(\frac{Seeta }{Geeta} : \frac{8820 }{ 8000} = 1.1025\)
Answer B
So, options C, D, and E are out.
=> Seeta's amount * \((1.05)^{13}\) = Geeta's amount * \((1.05)^{15}\)
=> \( \frac{Seeta }{ Geeta} = 1.05^2 = 1.1025\)
Option B: \(\frac{Seeta }{Geeta} : \frac{8820 }{ 8000} = 1.1025\)
Answer B
General Discussion
05 Sep 2024, 06:45
Kudos
Bookmarks
MathRevolution
Actually, A does not make sense because it does not add up to Rs. 16,820.
Hence B w/o any calculations.
