BREAKING: Target Test Prep releases Brand New 2026 On Demand GMAT prep course

Redeem

A charitable organization has a goal of raising $300,000 in 100 days.

Expert replies
by BTGModeratorVI » Sun Jul 26, 2020 6:43 am

Timer

00:00

Answers

A

B

C

D

E

Stats

Difficulty

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

Answer: A
Source: GMAT prep
Join the discussion
Source: — Problem Solving |

BTGModeratorVI wrote:
Sun Jul 26, 2020 6:43 am
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

Answer: A
Source: GMAT prep
After 60 days, the organization has 40 days to raise an additional $100,000
So the average number of dollars per day it must raise = $100,000/40 = 10,000/4 = 2,500

Answer: A

Cheers,
Brent
Brent Hanneson - Creator of GMATPrepNow.com
Image
Join the discussion