Challenge Problem Showdown
Manhattan GMAT invites you to test your GMAT knowledge for a chance to win!
Each month, we will post a new Challenge Problem for you to attempt. If you submit the correct answer, you will be entered into that month’s drawing for a free Manhattan GMAT Prep item. Tell your friends to get out their scrap paper and start solving!
Note We email the winner directly every month, and provided we then receive consent from the winner we post his or her name on our Facebook Fan Page .
Good luck! These are tough problems!
This Month's Problem: "2-placer"
Let a “2-placer” be a terminating decimal, between 0 and 1, for which the shortest possible representation has exactly 2 decimal places. For example, 0.09 and 0.87 are 2-placers, but 0.70 is not a 2-placer (because it can be written as 0.7, with only one decimal place). If m, n, and the product of m and n are each 2-placers, how many different values are possible for the sum m + n?