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Intern
Joined: 19 Jun 2009
Posts: 29
Followers: 0
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1
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Question Stats:
50% (01:20) correct
50% (10:45) wrong based on 0 sessions
On a Saturday night, each of the rooms at a certain motel was rented for either $40 or $60. If 10 of the rooms that were rented for $60 had instead been rented for $40, then the total rent the motel charged for that night would have been reduced by 25 percent. What was the total rent the motel actually charged for that night ? (A) $600 (B) $800 (C) $1,000 (D) $1,600 (E) $2,400
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Senior Manager
Joined: 18 Aug 2009
Posts: 340
Followers: 5
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120
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Well, if 10 rooms were charged $40 instead of $60, the total rent saved = $200. Total rent was reduced by 25% = $200. So Previous rent was 200*4 = 800. So B.
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Founder
Status: On Vacation :-)
Affiliations: UA-1K, SPG-G, HH-D
Joined: 04 Dec 2002
Posts: 10393
Location: United States (WA)
GMAT 1: 750 Q49 V42
GPA: 3.5
WE: Information Technology (Hospitality and Tourism)
Followers: 1358
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