GRE Exam Numerical Ability Arithmetic

A theater sells children’s tickets for half the adult ticket price. If 5 adult tickets and 8 children’s tickets cost a total of $27, what is the cost of an adult ticket?

Read Solution (Total 7)

GRE Other Question

A college student expects to earn at least $1,000 in interest on an initial investment of $20,000. If the money is invested for one year at interest compounded quarterly, what is the least annual interest rate that would achieve the goal? Pat invested a total of $3,000. Part of the money was invested in a money market account that paid 10 percent simple annual interest, and the remainder of the money was invested in a fund that paid 8 percent simple annual interest. If the interest earned at the end of the first year from these investments was $256, how much did Pat invest at 10 percent and how much at 8 percent?