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At the start of 2015, Jane opened two new accounts – X and Y – to invest her total savings of $1000. She invested p percent of her savings in account X, which yielded a simple interest of 8 percent per annum, and the rest of the savings in account Y, which yielded a simple interest of 6 percent per annum. Was the amount of interest earned by account X greater than the amount of interest earned by account Y during the year 2015?(1) The value of p was between 25 and 30, inclusive(2) The total interest earned by the two accounts during 2015 was $66a)Statement (1) ALONE is sufficient, but statement (2) alone isnot sufficient to answer the question asked.b)Statement (2) ALONE is sufficient, but statement (1) alone isnot sufficient to answer the question askedc)BOTH statements (1) and (2) TOGETHER are sufficient toanswer the question asked, but NEITHER statement ALONEis sufficient to answer the question asked.d)EACH statement ALONE is sufficient to answer the questionasked.e)Statements (1) and (2) TOGETHER are NOT sufficient toanswer the question asked, and additional data specific to theproblem are needed.Correct answer is option 'D'. Can you explain this answer? for GMAT 2024 is part of GMAT preparation. The Question and answers have been prepared according to the GMAT exam syllabus. Information about At the start of 2015, Jane opened two new accounts – X and Y – to invest her total savings of $1000. She invested p percent of her savings in account X, which yielded a simple interest of 8 percent per annum, and the rest of the savings in account Y, which yielded a simple interest of 6 percent per annum. Was the amount of interest earned by account X greater than the amount of interest earned by account Y during the year 2015?(1) The value of p was between 25 and 30, inclusive(2) The total interest earned by the two accounts during 2015 was $66a)Statement (1) ALONE is sufficient, but statement (2) alone isnot sufficient to answer the question asked.b)Statement (2) ALONE is sufficient, but statement (1) alone isnot sufficient to answer the question askedc)BOTH statements (1) and (2) TOGETHER are sufficient toanswer the question asked, but NEITHER statement ALONEis sufficient to answer the question asked.d)EACH statement ALONE is sufficient to answer the questionasked.e)Statements (1) and (2) TOGETHER are NOT sufficient toanswer the question asked, and additional data specific to theproblem are needed.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for GMAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for At the start of 2015, Jane opened two new accounts – X and Y – to invest her total savings of $1000. She invested p percent of her savings in account X, which yielded a simple interest of 8 percent per annum, and the rest of the savings in account Y, which yielded a simple interest of 6 percent per annum. Was the amount of interest earned by account X greater than the amount of interest earned by account Y during the year 2015?(1) The value of p was between 25 and 30, inclusive(2) The total interest earned by the two accounts during 2015 was $66a)Statement (1) ALONE is sufficient, but statement (2) alone isnot sufficient to answer the question asked.b)Statement (2) ALONE is sufficient, but statement (1) alone isnot sufficient to answer the question askedc)BOTH statements (1) and (2) TOGETHER are sufficient toanswer the question asked, but NEITHER statement ALONEis sufficient to answer the question asked.d)EACH statement ALONE is sufficient to answer the questionasked.e)Statements (1) and (2) TOGETHER are NOT sufficient toanswer the question asked, and additional data specific to theproblem are needed.Correct answer is option 'D'. Can you explain this answer?.

Solutions for At the start of 2015, Jane opened two new accounts – X and Y – to invest her total savings of $1000. She invested p percent of her savings in account X, which yielded a simple interest of 8 percent per annum, and the rest of the savings in account Y, which yielded a simple interest of 6 percent per annum. Was the amount of interest earned by account X greater than the amount of interest earned by account Y during the year 2015?(1) The value of p was between 25 and 30, inclusive(2) The total interest earned by the two accounts during 2015 was $66a)Statement (1) ALONE is sufficient, but statement (2) alone isnot sufficient to answer the question asked.b)Statement (2) ALONE is sufficient, but statement (1) alone isnot sufficient to answer the question askedc)BOTH statements (1) and (2) TOGETHER are sufficient toanswer the question asked, but NEITHER statement ALONEis sufficient to answer the question asked.d)EACH statement ALONE is sufficient to answer the questionasked.e)Statements (1) and (2) TOGETHER are NOT sufficient toanswer the question asked, and additional data specific to theproblem are needed.Correct answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for GMAT. Download more important topics, notes, lectures and mock test series for GMAT Exam by signing up for free.

Here you can find the meaning of At the start of 2015, Jane opened two new accounts – X and Y – to invest her total savings of $1000. She invested p percent of her savings in account X, which yielded a simple interest of 8 percent per annum, and the rest of the savings in account Y, which yielded a simple interest of 6 percent per annum. Was the amount of interest earned by account X greater than the amount of interest earned by account Y during the year 2015?(1) The value of p was between 25 and 30, inclusive(2) The total interest earned by the two accounts during 2015 was $66a)Statement (1) ALONE is sufficient, but statement (2) alone isnot sufficient to answer the question asked.b)Statement (2) ALONE is sufficient, but statement (1) alone isnot sufficient to answer the question askedc)BOTH statements (1) and (2) TOGETHER are sufficient toanswer the question asked, but NEITHER statement ALONEis sufficient to answer the question asked.d)EACH statement ALONE is sufficient to answer the questionasked.e)Statements (1) and (2) TOGETHER are NOT sufficient toanswer the question asked, and additional data specific to theproblem are needed.Correct answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of At the start of 2015, Jane opened two new accounts – X and Y – to invest her total savings of $1000. She invested p percent of her savings in account X, which yielded a simple interest of 8 percent per annum, and the rest of the savings in account Y, which yielded a simple interest of 6 percent per annum. Was the amount of interest earned by account X greater than the amount of interest earned by account Y during the year 2015?(1) The value of p was between 25 and 30, inclusive(2) The total interest earned by the two accounts during 2015 was $66a)Statement (1) ALONE is sufficient, but statement (2) alone isnot sufficient to answer the question asked.b)Statement (2) ALONE is sufficient, but statement (1) alone isnot sufficient to answer the question askedc)BOTH statements (1) and (2) TOGETHER are sufficient toanswer the question asked, but NEITHER statement ALONEis sufficient to answer the question asked.d)EACH statement ALONE is sufficient to answer the questionasked.e)Statements (1) and (2) TOGETHER are NOT sufficient toanswer the question asked, and additional data specific to theproblem are needed.Correct answer is option 'D'. Can you explain this answer?, a detailed solution for At the start of 2015, Jane opened two new accounts – X and Y – to invest her total savings of $1000. She invested p percent of her savings in account X, which yielded a simple interest of 8 percent per annum, and the rest of the savings in account Y, which yielded a simple interest of 6 percent per annum. Was the amount of interest earned by account X greater than the amount of interest earned by account Y during the year 2015?(1) The value of p was between 25 and 30, inclusive(2) The total interest earned by the two accounts during 2015 was $66a)Statement (1) ALONE is sufficient, but statement (2) alone isnot sufficient to answer the question asked.b)Statement (2) ALONE is sufficient, but statement (1) alone isnot sufficient to answer the question askedc)BOTH statements (1) and (2) TOGETHER are sufficient toanswer the question asked, but NEITHER statement ALONEis sufficient to answer the question asked.d)EACH statement ALONE is sufficient to answer the questionasked.e)Statements (1) and (2) TOGETHER are NOT sufficient toanswer the question asked, and additional data specific to theproblem are needed.Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of At the start of 2015, Jane opened two new accounts – X and Y – to invest her total savings of $1000. She invested p percent of her savings in account X, which yielded a simple interest of 8 percent per annum, and the rest of the savings in account Y, which yielded a simple interest of 6 percent per annum. Was the amount of interest earned by account X greater than the amount of interest earned by account Y during the year 2015?(1) The value of p was between 25 and 30, inclusive(2) The total interest earned by the two accounts during 2015 was $66a)Statement (1) ALONE is sufficient, but statement (2) alone isnot sufficient to answer the question asked.b)Statement (2) ALONE is sufficient, but statement (1) alone isnot sufficient to answer the question askedc)BOTH statements (1) and (2) TOGETHER are sufficient toanswer the question asked, but NEITHER statement ALONEis sufficient to answer the question asked.d)EACH statement ALONE is sufficient to answer the questionasked.e)Statements (1) and (2) TOGETHER are NOT sufficient toanswer the question asked, and additional data specific to theproblem are needed.Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice At the start of 2015, Jane opened two new accounts – X and Y – to invest her total savings of $1000. She invested p percent of her savings in account X, which yielded a simple interest of 8 percent per annum, and the rest of the savings in account Y, which yielded a simple interest of 6 percent per annum. Was the amount of interest earned by account X greater than the amount of interest earned by account Y during the year 2015?(1) The value of p was between 25 and 30, inclusive(2) The total interest earned by the two accounts during 2015 was $66a)Statement (1) ALONE is sufficient, but statement (2) alone isnot sufficient to answer the question asked.b)Statement (2) ALONE is sufficient, but statement (1) alone isnot sufficient to answer the question askedc)BOTH statements (1) and (2) TOGETHER are sufficient toanswer the question asked, but NEITHER statement ALONEis sufficient to answer the question asked.d)EACH statement ALONE is sufficient to answer the questionasked.e)Statements (1) and (2) TOGETHER are NOT sufficient toanswer the question asked, and additional data specific to theproblem are needed.Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice GMAT tests.