For a certain city's library, the average cost of purchasing each new book is $28. The library receives $15,000 from the city each year; the library also receives a bonus of $2,000 if the total number of items checked out over the course of the year exceeds 5,000. Did the library receive the bonus last year?
(1) The library purchased an average of 50 new books each month last year and received enough money from the city to cover this cost.
(2) The lowest number of items checked out in one moth was 459.
OA D
Source: Official Guide
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For a certain city's library, the average cost of purchasing
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BTGmoderatorDC
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Jay@ManhattanReview
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This one is already answered. Here it is: https://www.beatthegmat.com/for-a-certa ... 95970.htmlBTGmoderatorDC wrote:For a certain city's library, the average cost of purchasing each new book is $28. The library receives $15,000 from the city each year; the library also receives a bonus of $2,000 if the total number of items checked out over the course of the year exceeds 5,000. Did the library receive the bonus last year?
(1) The library purchased an average of 50 new books each month last year and received enough money from the city to cover this cost.
(2) The lowest number of items checked out in one moth was 459.
OA D
Source: Official Guide
Hope this helps!
-Jay
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