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

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 Post subject: loan x has a principle of 10,000x and a yearly simple intres  Posted: Mon Jun 04, 2012 2:19 am
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Posts: 5
 Since this question includes multiple choices and fractions I am using a screen shot: http://uploadpic.net/C8WS.pngIs there any reason to use all to the info before " where r=....rate of5%" ?I really got distracted by all that text.SInta

 Post subject: Re: loan x has a principle of 10,000x and a yearly simple intres  Posted: Mon Jun 04, 2012 11:52 pm
 Students

Posts: 3
 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.

 Post subject: Re: loan x has a principle of 10,000x and a yearly simple intres  Posted: Fri Jun 08, 2012 2:17 am
 ManhattanGMAT Staff

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Location: Southwest Airlines, seat 21C
 i don't think the text is there to distract, but you are definitely meant to simplify the problem to x = 3y ultimately.. _________________Tim SandersManhattan GMAT Instructor

 Post subject: Re: loan x has a principle of 10,000x and a yearly simple intres  Posted: Tue Jun 26, 2012 10:58 am
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 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.

 Post subject: Re: loan x has a principle of 10,000x and a yearly simple intres  Posted: Wed Jun 27, 2012 1:42 am
 ManhattanGMAT Staff

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Location: Southwest Airlines, seat 21C
 thanks! _________________Tim SandersManhattan GMAT Instructor

 Post subject: Re: loan x has a principle of 10,000x and a yearly simple intres  Posted: Tue Nov 27, 2012 5:29 am
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Location: Chicago, Illinois
 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.

 Post subject: Re: loan x has a principle of 10,000x and a yearly simple intres  Posted: Tue Nov 27, 2012 8:53 am
 ManhattanGMAT Staff

Posts: 4462
Location: Southwest Airlines, seat 21C
 not if i delete your spam first! _________________Tim SandersManhattan GMAT Instructor

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