This might be a situation where an alternative transcript would come I'm handy. However, if you can get a good GMAT score, something above Booth's average (719, I believe), that should be enough to lay to rest their concerns about your intellectual ability. If the low gpa is the biggest (or only) weakness of your application, you'll be in good shape.
You might reach out to cheetarah1980. I believe she overcame a low gpa when she got into Booth (and Kellogg and Wharton lol).
Thanks I contactes her and we would be having a Skype call next week