gmat prep

This topic has expert replies
Senior | Next Rank: 100 Posts
Posts: 62
Joined: Thu Jul 03, 2008 4:52 am

gmat prep

by [email protected] » Sat Aug 09, 2008 8:56 am
Anyone know a quick way of solving this - I keep running out of time.

Thanks in advance!
Attachments
Untitled.jpg

Legendary Member
Posts: 1159
Joined: Wed Apr 16, 2008 10:35 pm
Thanked: 56 times

by raunekk » Sat Aug 09, 2008 9:29 am
12,00000+360000+600000/12 = 180000

imo:A

GMAT/MBA Expert

User avatar
GMAT Instructor
Posts: 2621
Joined: Mon Jun 02, 2008 3:17 am
Location: Montreal
Thanked: 1090 times
Followed by:355 members
GMAT Score:780

by Ian Stewart » Sat Aug 09, 2008 9:35 am
If the average over 10 months was 120k, the total earned over 10 months was 10*120k. In November, they made 3*120k, and in December, 5*120k. So the total earned in the year is:

10*120k + 3*120k + 5*120k = (10+3+5)(120k) = 18*120k

The average for the year is (18)(120k)/12, and sure enough, the 12 cancels, so we get 18*10k = 180k.
For online GMAT math tutoring, or to buy my higher-level Quant books and problem sets, contact me at ianstewartgmat at gmail.com

ianstewartgmat.com

Senior | Next Rank: 100 Posts
Posts: 62
Joined: Thu Jul 03, 2008 4:52 am

by [email protected] » Sat Aug 09, 2008 9:36 am
Excellent thanks Ian!!

Legendary Member
Posts: 829
Joined: Mon Jul 07, 2008 10:09 pm
Location: INDIA
Thanked: 84 times
Followed by:3 members

by sudhir3127 » Sat Aug 09, 2008 9:38 am
i go with A as well..

Master | Next Rank: 500 Posts
Posts: 288
Joined: Thu Jul 31, 2008 10:54 pm
Location: Bombay, India

by missionmba » Sun Aug 10, 2008 1:34 pm
IMO: A
Mission Mba

Everyone has a will to win but very few have the will to prepare to win