raise funds for Mr Politician

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ashish1354: Master | Next Rank: 500 Posts; Posts: 100; Joined: Wed Jul 30, 2008 9:52 am; Thanked: 4 times

raise funds for Mr Politician

by ashish1354 » Sat Jan 31, 2009 4:08 am

A political candidate collected $1749 from a fund raising dinner. If each supporter contributed atleast $ 50, what is the greatest possible number of contributors at the dinner?

33
34
35
36
37

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Source: Beat The GMAT — Problem Solving | Sat Jan 31, 2009 4:08 am

DanaJ: Site Admin; Posts: 2567; Joined: Thu Jan 01, 2009 10:05 am; Thanked: 712 times; Followed by:550 members; GMAT Score:770

by DanaJ » Sat Jan 31, 2009 4:20 am

In order to get the biggest number of contributors, you should divide 1749 by 50, thus assuming that every person spent only the smallest amount of money. Divide 1749 by 50 and you get 34, remainder 49. So I believe that you had 33 guys who contributed with $50 and a 34th guy who contributed with $99 (since you can't have anyone with $49 contribution). I'd say the answer is B.

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Scott@TargetTestPrep: GMAT Instructor; Posts: 8083; Joined: Sat Apr 25, 2015 10:56 am; Location: Los Angeles, CA; Thanked: 43 times; Followed by:29 members

by Scott@TargetTestPrep » Fri Dec 15, 2017 7:25 am

ashish1354 wrote:A political candidate collected $1749 from a fund raising dinner. If each supporter contributed atleast $ 50, what is the greatest possible number of contributors at the dinner?

33
34
35
36
37

We can let the number of supporters = x. Thus:

50x = 1749

x = 1749/50 = 34 remainder 49.

Thus, the greatest number of contributors must be 34 people.

Answer: B

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