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If 15 people contributed a total of $20.00 toward a gift and each of them contributed at least $1.00, then the maximum

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by BTGmoderatorDC » Tue Sep 01, 2020 3:28 pm

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E

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If 15 people contributed a total of $20.00 toward a gift and each of them contributed at least $1.00, then the maximum possible amount any one person could have contributed is

(A) $1.00
(B) $1.25
(C) $5.00
(D) $6.00
(E) $20.00



OA D

Source: GMAT Prep
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Re: If 15 people contributed a total of $20.00 toward a gift and each of them contributed at least $1.00, then the maxim

by dollydevashryee » Wed Sep 02, 2020 7:22 am
To get the maximum number one person can contribute, the remaining 14 must each contribute the minimum possible amount ($1). That means $14 in total are contributed by 14 people. Therefore, the maximum the remaining person can contribute is $20-$14=$6 -> D
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Re: If 15 people contributed a total of $20.00 toward a gift and each of them contributed at least $1.00, then the maxim

by Scott@TargetTestPrep » Sun Sep 06, 2020 1:27 pm
BTGmoderatorDC wrote: ↑
Tue Sep 01, 2020 3:28 pm
 If 15 people contributed a total of $20.00 toward a gift and each of them contributed at least $1.00, then the maximum possible amount any one person could have contributed is

(A) $1.00
(B) $1.25
(C) $5.00
(D) $6.00
(E) $20.00



OA D

Source: GMAT Prep
Solution:

If 14 people contributed 1 dollar, then the remaining person would have had to contribute 6 dollars.

Answer: D

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