Sinta
Forum Guests
 
Posts: 5
Joined: Thu May 31, 2012 8:20 am
 

loan x has a principle of 10,000x and a yearly simple intres

by Sinta Mon Jun 04, 2012 2:19 am

Since this question includes multiple choices and fractions I am using a screen shot: http://uploadpic.net/C8WS.png

Is there any reason to use all to the info before " where r=....rate of5%" ?

I really got distracted by all that text.

SInta
sam181288
Students
 
Posts: 3
Joined: Tue Nov 01, 2011 1:40 am
 

Re: loan x has a principle of 10,000x and a yearly simple intres

by sam181288 Mon Jun 04, 2012 11:52 pm

I think no reason at all, we can solve the problem by substituting the choices in x=3y equation. I think he gave all text to distract us.
tim
Course Students
 
Posts: 5665
Joined: Tue Sep 11, 2007 9:08 am
Location: Southwest Airlines, seat 21C
 

Re: loan x has a principle of 10,000x and a yearly simple intres

by tim Fri Jun 08, 2012 2:17 am

i don't think the text is there to distract, but you are definitely meant to simplify the problem to x = 3y ultimately..
Tim Sanders
Manhattan GMAT Instructor

Follow this link for some important tips to get the most out of your forum experience:
https://www.manhattanprep.com/gmat/forums/a-few-tips-t31405.html
zishanpurple
Forum Guests
 
Posts: 4
Joined: Mon Apr 16, 2012 6:35 pm
 

Re: loan x has a principle of 10,000x and a yearly simple intres

by zishanpurple Tue Jun 26, 2012 10:58 am

Two ways of simplifying it and reaching to X=3Y. One directly from the relationship of R with X and Y. And the other by equating the amount after one year from all the three types of investment.
Both of these will lead to same equation.
You then need the help of the answer choices to determine which one is correct.
tim
Course Students
 
Posts: 5665
Joined: Tue Sep 11, 2007 9:08 am
Location: Southwest Airlines, seat 21C
 

Re: loan x has a principle of 10,000x and a yearly simple intres

by tim Wed Jun 27, 2012 1:42 am

thanks!
Tim Sanders
Manhattan GMAT Instructor

Follow this link for some important tips to get the most out of your forum experience:
https://www.manhattanprep.com/gmat/forums/a-few-tips-t31405.html
kristinepark008
Forum Guests
 
Posts: 1
Joined: Mon Nov 26, 2012 10:23 pm
Location: Chicago, Illinois
 

Re: loan x has a principle of 10,000x and a yearly simple intres

by kristinepark008 Tue Nov 27, 2012 5:29 am

zishanpurple Wrote:Two ways of simplifying it and reaching to X=3Y. One directly from the relationship of R with X and Y. And the other by equating the amount after one year from all the three types of investment.
Both of these will lead to same equation.
You then need the help of the answer choices to determine which one is correct.

I agree, thanks also for this.;) Nevertheless, you can visit [spam deleted] site for more blogs and useful information.
tim
Course Students
 
Posts: 5665
Joined: Tue Sep 11, 2007 9:08 am
Location: Southwest Airlines, seat 21C
 

Re: loan x has a principle of 10,000x and a yearly simple intres

by tim Tue Nov 27, 2012 8:53 am

not if i delete your spam first!
Tim Sanders
Manhattan GMAT Instructor

Follow this link for some important tips to get the most out of your forum experience:
https://www.manhattanprep.com/gmat/forums/a-few-tips-t31405.html