Last visit was: 01 May 2026, 12:17 It is currently 01 May 2026, 12:17
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
User avatar
Sajjad1994
User avatar
GRE Forum Moderator
Joined: 02 Nov 2016
Last visit: 01 May 2026
Posts: 16,754
Own Kudos:
51,993
 [5]
Given Kudos: 6,342
GPA: 3.62
Products:
Posts: 16,754
Kudos: 51,993
 [5]
1
Kudos
Add Kudos
4
Bookmarks
Bookmark this Post
User avatar
Mamun200
Joined: 28 Aug 2014
Last visit: 26 Dec 2024
Posts: 9
Own Kudos:
Given Kudos: 11
Posts: 9
Kudos: 5
Kudos
Add Kudos
Bookmarks
Bookmark this Post
User avatar
Sajjad1994
User avatar
GRE Forum Moderator
Joined: 02 Nov 2016
Last visit: 01 May 2026
Posts: 16,754
Own Kudos:
Given Kudos: 6,342
GPA: 3.62
Products:
Posts: 16,754
Kudos: 51,993
Kudos
Add Kudos
Bookmarks
Bookmark this Post
User avatar
mmdfl
Joined: 06 Aug 2022
Last visit: 13 Dec 2024
Posts: 103
Own Kudos:
307
 [4]
Given Kudos: 165
Location: Brazil
Concentration: Technology, Economics
Posts: 103
Kudos: 307
 [4]
4
Kudos
Add Kudos
Bookmarks
Bookmark this Post
3) To get all the Universities that provide loans, we have to sort by the "loan amount available". So there are four universities.

The catch of this question is that this statement says "the combined fall and spring tuition", and fall and spring tuition are both in the same column... so you can get confused by and think that you have to sum the value for the column "summer tuition", which is not the case.

The combination of fall and spring is just the double of this column. For instance, Nurmelly would have the combined tuition amount of 2 times 8225.
For a generic 
6%*2*tuition(in column "Spring or Fall Tuition") =12%*tuition
We can round down 12% to 10%, or round up/down tuition to the multiple of 100, so we can "cut" the "%"
Nurmelly: 12%*8225 < 12%*8300 = 12*83 = 996 < 1000 (loan available)
Obbsman: 12%*9800 < 12%*10000 = 1200 < 1250 
Audripos: 12%*7300 > 10%*7300 = 730 > 500
Eastern: 12%*8250 > 12%*8200 = 12*82 = 984 > 925

As you can see, not only Audripos has a larger value of combined spring and fall tuition, but also Eastern.

If you have a quicker way to do this math, please share. Tks!
Answer: False­
User avatar
bumpbot
User avatar
Non-Human User
Joined: 09 Sep 2013
Last visit: 04 Jan 2021
Posts: 39,013
Own Kudos:
Posts: 39,013
Kudos: 1,122
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Automated notice from GMAT Club BumpBot:

A member just gave Kudos to this thread, showing it’s still useful. I’ve bumped it to the top so more people can benefit. Feel free to add your own questions or solutions.

This post was generated automatically.
Moderators:
Math Expert
110001 posts
498 posts
215 posts