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Sub 505 Level|   Percent and Interest Problems|                           
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Video solution from Quant Reasoning:
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Statement 1: 1/20 * y = 60
Statement 2: y = 1500 * 4/5

Each statement is sufficient. Hence D. :D
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BrainLab
What is the value of 10 percent of y?

(1) 5 percent of y is 60.
(2) y is 80 percent of 1,500.

Source: [OG 2016]

Target question: What is the value of 10 percent of y?

Statement 1: 5 percent of y is 60
If 5 percent of y is 60, then 10 percent of y is 120
Since we can answer the target question with certainty, statement 1 is SUFFICIENT

Aside: we can keep going with this logic.
For example, if 5% of y is 60 then 0.5% of y is 6
and 50% of y is 600
and 15% of y is 180
and 20% of y is 240
and 25% of y is 300
etc...

Statement 2: y is 80 percent of 1,500
So, y = 80/100 of 1500
In other words, y = (0.8)(1500)
Since we COULD determine the value of y, we COULD then find the value of 10 percent of y
Since we COULD answer the target question with certainty, statement 2 is SUFFICIENT

Answer: D
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5% of y is 60.
10% is representing the double the value which is 120.
For the second statement,80% of 1500=1200,therefore 10% of the value is 120.
Both statements are sufficient.


Sent from my iPhone using GMAT Club Forum
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Hi All,

This DS question is designed with some great concept 'shortcuts' - meaning that you don't need to do any actual math to answer this question (as long as you recognize the concepts involved).

We're asked for the value of 10% of Y.

1) 5% of Y = 60

This is one variable with one equation (with nothing special - such as exponents), meaning that you CAN solve it (and there will be just one answer). If you chose to solve it, you'd have...

.05(Y) = 60
Y = 1200

As it is, you don't have to do that work if you recognize the Algebra concept involved here.
Fact 1 is SUFFICIENT

2) Y is 80% of 1500

Again, we have the same concept as in Fact 1 (above) - one variable and one equation.... so we know it's SUFFICIENT. Here's the proof though:

Y = (.8)(1500)
Y = 1200
Fact 2 is SUFFICIENT

Final Answer:

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BrainLab
What is the value of 10 percent of y?

(1) 5 percent of y is 60.
(2) y is 80 percent of 1,500.
Answer: Option D

Video solution by GMATinsight

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BrainLab
What is the value of 10 percent of y?

(1) 5 percent of y is 60.
(2) y is 80 percent of 1,500.

Source: [OG 2016]
Solution:

Question Stem Analysis:

We need to determine the value of 10 percent of y.

Statement One Alone:


Since 5 percent of y is 60, then 10 percent of y must be 120. Statement one alone is sufficient.

Statement Two Alone:


Since y is 80 percent of 1,500, then y = 0.8 x 1,500 = 1,200. Therefore, 10 percent of y is 120. Statement two alone is sufficient.

Answer: D
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