Hi Yenal,
I noticed that you posted this in another Forum, so I've pasted over my response from there:
The short answer is NO - your prior scores will probably not impact how Business Schools will view a higher, more recent score. Business Schools have never really cared about how many times an applicant took the Official GMAT. With the recent inclusion of the 'score cancellation' option, Schools now know that they will be no way to know how many times an applicant took the GMAT.
What resources have you been using during your recent studies?
When are you planning to take the GMAT?
GMAT assassins aren't born, they're made,
Rich