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Problem Solving (PS) | Re: To settle mutual debts, two gamblers agree that phones are worth $300

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Kindly let me know your  opinion on this .chetan2u GMATinsight
sayan640 wrote:

KarishmaB It could be the combination of 2 phones and 3 watches too.

2*300 = 600
3*210 = 630

630 - 600 =30
KarishmaB wrote:
irida wrote:
To settle mutual debts, two gamblers agree that phones are worth $300 each and that watches are worth $210 each. When one gambler owes money to the other, he settles the debt in phones and/or watches, with “balance” received in the form of phones or watches as well (For example, a $480 debt could be paid with three phones, with two watches received in balance). What is the smallest amount of debt that can be settled in this way? A) 10 B) 30 C) 50 D) 70 E) 90

I am quite confused on the amount of money---from the statement, the minimum should be 210 (the watch's price)? But all of the 5 answers are below 210.

How to solve the problem? Seekadvise.

Notice the example they have given. 480 debt can be paid with 3 phone (total = $900) with receiving 2 watches is balance (receiving $420).
900 - 420 = 480

So to pay
...

Statistics : Posted by sayan640 • on 19 Jan 2019, 04:37 • Replies 9 • Views 6296



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