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A man who died left an estate valued at $111,000. His will
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Updated on: 01 Feb 2020, 05:50
Updated on: 01 Feb 2020, 05:50
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Question Stats:
75% (01:22) correct
25% (04:46) wrong based on 4 sessions
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A man who died left an estate valued at $111,000. His will stipulated that his estate was to be distributed so that each of his three children received from the estate and his previous gifts, combined, the same total amount. If he had previously given his oldest child $15,000, his middle child $10,000, and his youngest $2,000, how much did the youngest child receive from the estate?
(A) $50,000
(B) $48,000
(C) $46,000
(D) $44,000
(E) $39,000
(A) $50,000
(B) $48,000
(C) $46,000
(D) $44,000
(E) $39,000
Re: A man who died left an estate valued at $111,000. His will
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01 Feb 2020, 05:21
01 Feb 2020, 05:21
Expert Reply
Please provide the OA
Regards
Regards
Re: A man who died left an estate valued at $111,000. His will
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02 Feb 2020, 02:40
02 Feb 2020, 02:40
2
Its answer D
Add all the amount of the gifts
Older + Middle + Younger One
(15000 + 10000 + 2000 = 27000)
Add it with the amount left by his Father
111000 + 27000 = 138000
As they are three in number and amount should be divide equally so
138000/3 = 46000
Now we have to find amount to be received by the Younger one so subtract his Gift amount from his amount calculated as equal for three of them which is 46000
so,
46000 - 2000 = 44000
so its answer D
(Note: Correct me if i am wrong)
Add all the amount of the gifts
Older + Middle + Younger One
(15000 + 10000 + 2000 = 27000)
Add it with the amount left by his Father
111000 + 27000 = 138000
As they are three in number and amount should be divide equally so
138000/3 = 46000
Now we have to find amount to be received by the Younger one so subtract his Gift amount from his amount calculated as equal for three of them which is 46000
so,
46000 - 2000 = 44000
so its answer D
(Note: Correct me if i am wrong)
