A charitable organization has a goal of raising $300,000 in 100 days. If it raised $200,000 in the first 60 days, what is the average (arithmetic mean) number of dollars per day that it must raise for the last 40 days in order to achieve its goal?
(A) $2,500
(B) $3,000
(C) $5,000
(D) $6,000
(E) $7,500
OA A
Source: GMAT Prep
A charitable organization has a goal of raising $300,000 in 100 days. If it raised $200,000 in the first 60 days, what
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After 60 days, the organization has 40 days to raise an additional $100,000BTGmoderatorDC wrote: ↑Mon Feb 17, 2020 6:27 pmA charitable organization has a goal of raising $300,000 in 100 days. If it raised $200,000 in the first 60 days, what is the average (arithmetic mean) number of dollars per day that it must raise for the last 40 days in order to achieve its goal?
(A) $2,500
(B) $3,000
(C) $5,000
(D) $6,000
(E) $7,500
OA A
Source: GMAT Prep
So the average number of dollars per day it must raise = $100,000/40 = 10,000/4 = 2,500
Answer: A
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Since the organization has to raise $100,000 in the remaining 40 days, the average number of dollars per day that it must raise for the last 40 days in order to achieve its goal is 100,000/40 = $2,500.BTGmoderatorDC wrote: ↑Mon Feb 17, 2020 6:27 pmA charitable organization has a goal of raising $300,000 in 100 days. If it raised $200,000 in the first 60 days, what is the average (arithmetic mean) number of dollars per day that it must raise for the last 40 days in order to achieve its goal?
(A) $2,500
(B) $3,000
(C) $5,000
(D) $6,000
(E) $7,500
OA A
Source: GMAT Prep
Answer: A
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