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Four friends win $120,000 in the lottery, and they divide

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Senior Manager
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Four friends win $120,000 in the lottery, and they divide [#permalink] New post 20 Nov 2017, 10:41
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Question Stats:

73% (00:32) correct 26% (01:01) wrong based on 19 sessions
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.
[Reveal] Spoiler: OA
Manager
Manager
Joined: 29 Nov 2017
Posts: 190
Location: United States
GRE 1: Q142 V146
WE: Information Technology (Computer Software)
Followers: 0

Kudos [?]: 77 [0], given: 99

Re: Four friends win $120,000 in the lottery, and they divide [#permalink] New post 20 May 2018, 02:23
can anyone pls explain.
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Intern
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Joined: 15 May 2018
Posts: 39
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Re: Four friends win $120,000 in the lottery, and they divide [#permalink] New post 22 May 2018, 05:16
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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
Manager
Manager
Joined: 29 Nov 2017
Posts: 190
Location: United States
GRE 1: Q142 V146
WE: Information Technology (Computer Software)
Followers: 0

Kudos [?]: 77 [0], given: 99

Re: Four friends win $120,000 in the lottery, and they divide [#permalink] New post 22 May 2018, 06:08
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
Manager
Manager
Joined: 29 Nov 2017
Posts: 190
Location: United States
GRE 1: Q142 V146
WE: Information Technology (Computer Software)
Followers: 0

Kudos [?]: 77 [0], given: 99

Re: Four friends win $120,000 in the lottery, and they divide [#permalink] New post 23 May 2018, 19:11
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.
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Manager
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Kudos [?]: 104 [2] , given: 3

Re: Four friends win $120,000 in the lottery, and they divide [#permalink] New post 24 May 2018, 00:59
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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.
Intern
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Joined: 15 May 2018
Posts: 39
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Kudos [?]: 5 [0], given: 1

Re: Four friends win $120,000 in the lottery, and they divide [#permalink] New post 09 Jul 2018, 18:37
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
Re: Four friends win $120,000 in the lottery, and they divide   [#permalink] 09 Jul 2018, 18:37
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Four friends win $120,000 in the lottery, and they divide

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