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
Track
Your Progress
Practice
Pays
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
From his monthly income Tim spent 5 times as much money on r
[#permalink]
21 Jul 2019, 05:14
21 Jul 2019, 05:14
2
Bookmarks
00:00
Question Stats:
55% (01:41) correct
44% (01:44) wrong based on 72 sessions
Hide Show timer Statistics
From his monthly income Tim spent 5 times as much money on rent and utilities as the amount he spent on groceries. He was left with $500, which he deposited in his savings account. The ratio of money saved to money spent of Groceries is 3:5.
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.
Quantity A |
Quantity B |
$5000 |
Tim's Monthly Income |
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.
Re: Quant Comparison
[#permalink]
21 Jul 2019, 07:12
21 Jul 2019, 07:12
2
I solved it this way Janani
Amount spent of Groceries (G) and amount spent on Rent & Utilities (R)
Savings = $500
Given Condition: R = 5*G
Savings = Income - G - R = Income - G - 5G = Income - 6G
500 = Income - 6G
Income = 500+6G ->(1)
Savings/ Groceries = 3/5
500 / G = 3 / 5
G = (5 / 3) * 500
from (1) we get Income = 5500
QA < QB
Hope it helps (you got the as much money thing wrong)
Amount spent of Groceries (G) and amount spent on Rent & Utilities (R)
Savings = $500
Given Condition: R = 5*G
Savings = Income - G - R = Income - G - 5G = Income - 6G
500 = Income - 6G
Income = 500+6G ->(1)
Savings/ Groceries = 3/5
500 / G = 3 / 5
G = (5 / 3) * 500
from (1) we get Income = 5500
QA < QB
Hope it helps (you got the as much money thing wrong)
Re: Quant Comparison
[#permalink]
21 Jul 2019, 13:07
21 Jul 2019, 13:07
1
let the total income=Y
money spent on groceries=x
money spent on rent and utilities=5x
money left for savings=Y-(5x+x)=500; Y-6x=500
500/x=3/5; x=2500/3
thus, Y-6*2500/3=500
Y=$5500
ANS:B
money spent on groceries=x
money spent on rent and utilities=5x
money left for savings=Y-(5x+x)=500; Y-6x=500
500/x=3/5; x=2500/3
thus, Y-6*2500/3=500
Y=$5500
ANS:B
