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A campus organization is selling tee shirts to raise money for a chari

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A campus organization is selling tee shirts to raise money for a chari  [#permalink]

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New post 20 Mar 2018, 06:48
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A
B
C
D
E

Difficulty:

  35% (medium)

Question Stats:

80% (01:12) correct 20% (01:17) wrong based on 20 sessions

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A campus organization is selling tee shirts to raise money for a charity. What amount does the organization expect to donate to the charity?

(1) The organization expects to sell 1,000 tee shirts.
(2) The organization sells 500 more tee shirts than expected, for a total donation of $30,000 to the charity

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Re: A campus organization is selling tee shirts to raise money for a chari  [#permalink]

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New post 20 Mar 2018, 08:00
1
Lets assume # T-shirts expected to sell = T , Price of each = p Hence, expected donation = Tp

(1) T = 1000 ; no info provided for p -------------->NS
(2) # T-shirts solds more than expected = t=500, Amont of money donated = 30000= (T+t)p = (T+500)p; no info provided for p & T -------------->NS
(1)+(2) T = 1000 , t=500, Hence 30000=(100+500)p => p =20
Hence 1st expected donation 20*1000=20000--------->S

Hence, Option C.
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Re: A campus organization is selling tee shirts to raise money for a chari   [#permalink] 20 Mar 2018, 08:00
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A campus organization is selling tee shirts to raise money for a chari

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