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1341 - Data Sufficiency

Data Sufficiency MCQ No. : 49697

The only gift certificates that a certain store sold yesterday were worth either $100 each or $10 each. If the store sold a total of 20 gift certificates yesterday, how many gift certificates worth $10 each did the store sell yesterday?

(1) The gift certificates sold by the store yesterday were worth a total of between $1,650 and $1,800.

(2) Yesterday the store sold more than 15 gift certificates worth $100 each.

Correct Answer: A

Explanation:

Algebra Applied problems; Simultaneous equations; Inequalities

Let x represent the number of $100 certificates sold, and let y represent the number of $10 certificates sold. Then the given information can be expressed as x+y = 20 or thus y = 20- x. The value of the $100 certificates sold is 100x, and the value of the $10 certificates sold is 10y.

  • (1) From this, it is known that 100* +10y > 1,650. Since y = 20- x, this value can be substituted for y, and the inequality can be solved for x:
    100* + 10y > 1,650
    100* +10(20 -x) >1,650 substitute for y
    100* + 200 -10* > 1,650 distribute
    90* +200 > 1,650 simplify
    90* > 1,450 subtract 200 from both sides
    *>16.1

    Thus, more than 16 of the $100 certificates were sold. If 17 $100 certificates were sold, then it must be that 3 $10 certificates were also sold for a total of $1,730, which satisfies the condition of being between $1,650 and $1,800. If, however, 18 $100 certificates were sold, then it must be that 2 $10 certificates were sold, and this totals $1,820, which is more than $1,800 and fails to satisfy the condition. Therefore, 3 of the $10 certificates were sold; SUFFICIENT.

  • (2) From this it can be known only that the number of $10 certificates sold was 4 or fewer; NOT sufficient.

The correct answer is A; statement 1 alone is sufficient.

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