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GMAT Paper Tests
A school has received 60% of the amount it needs for a new building by receiving a donation of $400 each from people already solicited. People already solicited represent 40% of the people from whom the school will solicit donations. How much average contribution is required from the remaining targeted people to complete the fund raising exercise?
A. $200
B. $177.78
C. $100
D. $277.78
E. $377.78
OA B
A school has received 60% of the amount it needs for a new building by receiving a donation of $400 each from people already solicited. People already solicited represent 40% of the people from whom the school will solicit donations. How much average contribution is required from the remaining targeted people to complete the fund raising exercise?
A. $200
B. $177.78
C. $100
D. $277.78
E. $377.78
OA B
