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# ABC company

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Intern
Joined: 26 Feb 2011
Posts: 38
Followers: 1

Kudos [?]: 67 [0], given: 1

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04 Mar 2011, 11:14
00:00

Difficulty:

55% (hard)

Question Stats:

38% (02:02) correct 63% (00:47) wrong based on 16 sessions

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ABC company pays an average of $140 per vehicle each month in outdoor parking fees for three of its eight vehicles. The companuy pays garage parking fees for the remaining five vehicles. If ABC pays an average of$240 per vehicle overall each month for parking, how much does ABC pay per month in garage parking fees for its vehicles?

A/300
B/420
C/912
D/1420
E/1500
[Reveal] Spoiler: OA
Math Forum Moderator
Joined: 20 Dec 2010
Posts: 2021
Followers: 155

Kudos [?]: 1483 [0], given: 376

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04 Mar 2011, 11:24
Let ABC pays "x" dollars for the garage parking of its 5 vehicles;

so;

$$\frac{140*3+x}{8} = 240$$
$$x = 240*8 - 140*3 = 1920-420 = 1500$$

Ans: "E"
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Manager
Joined: 18 Oct 2010
Posts: 92
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Kudos [?]: 8 [0], given: 0

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05 Mar 2011, 08:34
i think the trick is about " cars going out"
it means it could go out sometimes and it could stay at the garage sometimes, thus the ABC company still has to pay fees for going-out cars in garage

so the math will be 240*8 cars-3*140=1500 fee for parking in garage.
Manager
Joined: 03 Jun 2010
Posts: 138
Location: Dubai, UAE
Schools: IE Business School, Manchester Business School, HEC Paris, Rotterdam School of Management, Babson College
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15 Jun 2011, 01:44
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The total value of the 3 cars parking is 420. The total for 8 cars is 1920. Hence, 1920-420= 1500 is the amount paid for the 5 cars.

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Re: ABC company   [#permalink] 15 Jun 2011, 01:44
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