Last visit was: 05 Nov 2024, 07:27 It is currently 05 Nov 2024, 07:27

Close

GRE Prep 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 GRE 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
avatar
Senior Manager
Senior Manager
Joined: 20 May 2014
Posts: 285
Own Kudos [?]: 700 [3]
Given Kudos: 225
avatar
Manager
Manager
Joined: 29 Nov 2017
Posts: 190
Own Kudos [?]: 135 [0]
Given Kudos: 0
Location: United States
GRE 1: Q142 V146
WE:Information Technology (Computer Software)
Send PM
avatar
Intern
Intern
Joined: 15 May 2018
Posts: 38
Own Kudos [?]: 11 [3]
Given Kudos: 0
Send PM
avatar
Manager
Manager
Joined: 29 Nov 2017
Posts: 190
Own Kudos [?]: 135 [0]
Given Kudos: 0
Location: United States
GRE 1: Q142 V146
WE:Information Technology (Computer Software)
Send PM
Re: Four friends win $120,000 in the lottery, and they divide [#permalink]
adeel wrote:
Bunuel wrote:
Four friends win $120,000 in the lottery, and they divide the winnings in a 1:2:4:5 ratio.

Quantity A
Quantity B
Te diference between the greatest share and the least share
$40,000


A. The quantity in Column A is greater
B. The quantity in Column B is greater
C. The two quantities are equal
D. The relationship cannot be determined from the information given

Kudos for correct solution.


Answer is C:
1x+2x+4x+5x=120000
x=10000
5x-x=5*10000-10000=40000




Thanks
avatar
Manager
Manager
Joined: 29 Nov 2017
Posts: 190
Own Kudos [?]: 135 [0]
Given Kudos: 0
Location: United States
GRE 1: Q142 V146
WE:Information Technology (Computer Software)
Send PM
Re: Four friends win $120,000 in the lottery, and they divide [#permalink]
I have problem understanding when to ADD rations and when to multiply or use division to solve the ratio problem. how to know when to use what.
avatar
Manager
Manager
Joined: 26 Jan 2018
Posts: 189
Own Kudos [?]: 167 [0]
Given Kudos: 0
GRE 1: Q165 V156
Send PM
Re: Four friends win $120,000 in the lottery, and they divide [#permalink]
2
When divided on above ratio, the amount is broken into 12 equal parts, 1st person get 1/12th, 2nd get 2/12th, 3rd get 4/12th and 4th person get 5/12th.

So 1st person get 1/12th of 120000 which is 10000
5th erson gets highest share as he takes 5 out of 12 parts = 5/12*120000 = 50000

Difference between highest and lowest = 50K-10K =40000

Hence both are equal.
Retired Moderator
Joined: 07 Jan 2018
Posts: 739
Own Kudos [?]: 1439 [0]
Given Kudos: 93
Send PM
Four friends win $120,000 in the lottery, and they divided t [#permalink]
1
Four friends win $120,000 in the lottery, and they divided the winnings in a 1:2:4:5 ratio

Quantity A
Quantity B
The difference between the greatest and least share
$40,000


A The quantity in Column A is greater
B The quantity in Column B is greater
C The two quantities are equal
D The relationship cannot be determined from the information given
avatar
Retired Moderator
Joined: 20 Apr 2016
Posts: 1307
Own Kudos [?]: 2272 [0]
Given Kudos: 251
WE:Engineering (Energy and Utilities)
Send PM
Re: Four friends win $120,000 in the lottery, and they divided t [#permalink]
amorphous wrote:
Four friends win $120,000 in the lottery, and they divided the winnings in a 1:2:4:5 ratio

Quantity A
Quantity B
The difference between the greatest and least share
$40,000


A The quantity in Column A is greater
B The quantity in Column B is greater
C The two quantities are equal
D The relationship cannot be determined from the information given


We can write as,

x + 2x +3x + 4x +5x =120,000

or x = 10,000

SO the price money is divided as : 10,000 : 20,000 : 40,000 : 50,000

Quantity A:- difference between the greatest and least share = 50,000 -10,000 =40,000

Hence option C
avatar
Intern
Intern
Joined: 15 May 2018
Posts: 38
Own Kudos [?]: 11 [0]
Given Kudos: 0
Send PM
Re: Four friends win $120,000 in the lottery, and they divide [#permalink]
Bunuel wrote:
Four friends win $120,000 in the lottery, and they divide the winnings in a 1:2:4:5 ratio.

Quantity A
Quantity B
Te diference between the greatest share and the least share
$40,000


A. The quantity in Column A is greater
B. The quantity in Column B is greater
C. The two quantities are equal
D. The relationship cannot be determined from the information given

Kudos for correct solution.

My Answer is C
Verbal Expert
Joined: 18 Apr 2015
Posts: 29891
Own Kudos [?]: 36122 [1]
Given Kudos: 25919
Send PM
Four friends win $ 120,000 in the lottery, and they divide [#permalink]
Expert Reply
1
Bookmarks
Four friends win $ 120,000 in the lottery, and they divide the winnings in a 1: 2: 4: 5 ratio.

Quantity A
Quantity B
The difference between the greatest share and the least share
$ 40,000


A) Quantity A is greater.
B) Quantity B is greater.
C) The two quantities are equal.
D) The relationship cannot be determined from the information given.
Retired Moderator
Joined: 07 Jan 2018
Posts: 739
Own Kudos [?]: 1439 [2]
Given Kudos: 93
Send PM
Re: Four friends win $ 120,000 in the lottery, and they divide [#permalink]
2
when the ratios are added they become 12 i.e 5+4+2+1

lowest share is 1/12 * 120000 = 10000
highest share is 5/12 * 120000 = 50000

there difference is 50000-10000 = 40000
avatar
Manager
Manager
Joined: 23 Oct 2018
Posts: 57
Own Kudos [?]: 0 [0]
Given Kudos: 0
Send PM
Re: Four friends win $ 120,000 in the lottery, and they divide [#permalink]
can i get the explanaton
User avatar
GRE Prep Club Legend
GRE Prep Club Legend
Joined: 07 Jan 2021
Posts: 5006
Own Kudos [?]: 74 [0]
Given Kudos: 0
Send PM
Re: Four friends win $120,000 in the lottery, and they divide [#permalink]
Hello from the GRE Prep Club BumpBot!

Thanks to another GRE Prep Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).

Want to see all other topics I dig out? Follow me (click follow button on profile). You will receive a summary of all topics I bump in your profile area as well as via email.
User avatar
GRE Prep Club Legend
GRE Prep Club Legend
Joined: 07 Jan 2021
Posts: 5006
Own Kudos [?]: 74 [0]
Given Kudos: 0
Send PM
Re: Four friends win $ 120,000 in the lottery, and they divide [#permalink]
Hello from the GRE Prep Club BumpBot!

Thanks to another GRE Prep Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).

Want to see all other topics I dig out? Follow me (click follow button on profile). You will receive a summary of all topics I bump in your profile area as well as via email.
Verbal Expert
Joined: 18 Apr 2015
Posts: 29891
Own Kudos [?]: 36122 [0]
Given Kudos: 25919
Send PM
Four friends win $120,000 in the lottery, and they divided the winning [#permalink]
Expert Reply
Four friends win $120,000 in the lottery, and they divided the winning in a ratio 1:2:4:5 .

Quantity A
Quantity B
The difference between the greatest and the least share
$40,000



A) Quantity A is greater.
B) Quantity B is greater.
C) The two quantities are equal.
D) The relationship cannot be determined from the information given.


Part of the project: GRE QCQ & PS 3 Questions Every One DAILY Challenge - (2022) - Gain 20 Kudos & Get FREE Access to GRE Prep Club TESTS
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
GRE Math Essentials (2022)
GRE Geometry Formulas
GRE - Math Book
Intern
Intern
Joined: 17 Sep 2022
Posts: 48
Own Kudos [?]: 48 [2]
Given Kudos: 13
Send PM
Four friends win $120,000 in the lottery, and they divided the winning [#permalink]
2
x : 2x :4x : 5x = (1+2+4+5)x = 12x
12x = 120,000
x = 10,000. .: Least share (x)= 10,000
Greatest share(5x)=50,000
(50,000-10,000)= 40,000
Hence quantity A = Quantity B

Answer C

Posted from my mobile device
Prep Club for GRE Bot
Four friends win $120,000 in the lottery, and they divided the winning [#permalink]
Moderators:
GRE Instructor
77 posts
GRE Forum Moderator
37 posts
Moderator
1111 posts
GRE Instructor
228 posts

Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne