Last year, if Arturo spent a total of $12,000 on his mortgage payments, real estate taxes, and home insurance, how much did he spend on his real estate taxes?
1. Last year, the total amount that Arturo spent on his real estate taxes and home insurance was 33 1/3 percent of the amount that he spent on his mortgage payments.
2. Last year, the amount that Arturo spent on his real estate taxes was 20 percent of the total amount he spent on his mortgage payments and home insurance.
A. Statement (1) ALONE is sufficient, but statement (2) alone is not sufficient.
B. Statement (2) ALONE is sufficient, but statement (1) alone is not sufficient.
C. BOTH statements TOGETHER are sufficient, but NEITHER statement ALONE is sufficient.
D. EACH statement ALONE is sufficient.
E. Statements (1) and (2) TOGETHER are not sufficient.
Correct Answer: B
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You’ll find tons of practice questions, explanations for GMAT Official Guide questions, and strategies on our GMAT Question of the Day page.
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