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A certain fishing boat is chartered by 6 people who are to c

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A certain fishing boat is chartered by 6 people who are to c  [#permalink]

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New post 22 Jan 2014, 02:16
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The Official Guide For GMAT® Quantitative Review, 2ND Edition

A certain fishing boat is chartered by 6 people who are to contribute equally to the total charter cost of $480. If each person contributes equally to a $150 down payment, how much of the charter cost will each person still owe?

(A) $80
(B) $66
(C) $55
(D) $50
(E) $45

Problem Solving
Question: 51
Category: Arithmetic Operations on rational numbers
Page: 68
Difficulty: 600


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Re: A certain fishing boat is chartered by 6 people who are to c  [#permalink]

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New post 22 Jan 2014, 02:16
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Re: A certain fishing boat is chartered by 6 people who are to c  [#permalink]

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New post 22 Jan 2014, 09:29
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1
Per person cost=480/6=80
Paid as downpayment=150/6=25
Remaining cost per person=80-25=55
Ans C

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Re: A certain fishing boat is chartered by 6 people who are to c  [#permalink]

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New post 22 Jan 2014, 11:13
1
Bunuel wrote:

A certain fishing boat is chartered by 6 people who are to contribute equally to the total charter cost of $480. If each person contributes equally to a $150 down payment, how much of the charter cost will each person still owe?

(A) $80
(B) $66
(C) $55
(D) $50
(E) $45

Problem Solving
Question: 51
Category: Arithmetic Operations on rational numbers
Page: 68
Difficulty: 600




(480 - 150)/6 = 55

option C
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Re: A certain fishing boat is chartered by 6 people who are to c  [#permalink]

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New post 22 Jan 2014, 17:21
1
C. 55

6 people to split 480 evenly, but 150 is already paid for
480-150=330
330/6=55
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Re: A certain fishing boat is chartered by 6 people who are to c  [#permalink]

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New post 22 Jan 2014, 21:17
1
Very simple:
Total Share per person = 480/6 = 80;
Initial share per person(Downpayment) = 150/6 = 25;
Per Person share to be paid = 80 - 25 = 55;

Ans is (C).
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Re: A certain fishing boat is chartered by 6 people who are to c  [#permalink]

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New post 22 Jan 2014, 23:47
1
Total Charter cost = 480
(-) down payment = (150)

Amount to be paid = 330

Amount owed per person = 330/6 = 55

Answer is C
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Re: A certain fishing boat is chartered by 6 people who are to c  [#permalink]

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New post 23 Jan 2014, 06:45
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Bunuel wrote:
A certain fishing boat is chartered by 6 people who are to contribute equally to the total charter cost of $480. If each person contributes equally to a $150 down payment, how much of the charter cost will each person still owe?

(A) $80
(B) $66
(C) $55
(D) $50
(E) $45



480-150=330
330/6= 55

Answer is C.
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Re: A certain fishing boat is chartered by 6 people who are to c  [#permalink]

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Re: A certain fishing boat is chartered by 6 people who are to c  [#permalink]

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New post 26 Jan 2014, 07:32
Easy one but sometimes easy one create trouble if not read carefully.

Total Charter Cost=480
Each person cost=480/6=$80

Initial Down payment = 150
Each person Initial Down Payment=150/6=25
Remaining per person= 80-25=55
So answer is C.
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Re: A certain fishing boat is chartered by 6 people who are to c  [#permalink]

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New post 23 Apr 2014, 07:34
Total Charter cost = 480$;
equal share of 6 people = 480/6 = 80$;

initial down payment = 150$;
shared by 6 people = 150/6 =25$;

So, still they owe 80 -25 = 55$;
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Re: A certain fishing boat is chartered by 6 people who are to c  [#permalink]

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New post 04 Apr 2017, 16:21
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Bunuel wrote:

A certain fishing boat is chartered by 6 people who are to contribute equally to the total charter cost of $480. If each person contributes equally to a $150 down payment, how much of the charter cost will each person still owe?

(A) $80
(B) $66
(C) $55
(D) $50
(E) $45


Since each of the 6 people has to contribute equally to the total charter cost of $480, each needs to contribute $480/6 = $80.

Since each of the 6 people contributes equally to a $150 down payment, each contributes $150/6 = $25 to the down payment.

Thus, each person still owes $80 - $25 = $55.

Answer: C
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A certain fishing boat is chartered by 6 people who are to c  [#permalink]

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New post 24 Mar 2018, 09:10
Bunuel niks18

Quote:
If each person contributes equally to a $150 down payment, how much of the charter cost will each person still owe?


I know one can not doubt quality of OG questions, but does below sentence makes more sense?

Quote:
If each person contributes equally to a total of $150 down payment, how much of the charter cost will each person still owe?


I was confused if each contributed $150 or $150 was total down payment together by 6 persons.
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Re: A certain fishing boat is chartered by 6 people who are to c  [#permalink]

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New post 24 Mar 2018, 09:18
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adkikani wrote:
Bunuel niks18

Quote:
If each person contributes equally to a $150 down payment, how much of the charter cost will each person still owe?


I know one can not doubt quality of OG questions, but does below sentence makes more sense?

Quote:
If each person contributes equally to a total of $150 down payment, how much of the charter cost will each person still owe?


I was confused if each contributed $150 or $150 was total down payment together by 6 persons.


Hi adkikani

Note the article used in the sentence "to a 150 down payment". this means only one down payment of 150 was made and each contributed to it.
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Re: A certain fishing boat is chartered by 6 people who are to c  [#permalink]

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New post 27 Jun 2019, 05:58

Solution



Given:
    • A certain fishing boat is chartered by 6 people
    • Each person contribute equally to the total charter cost of $480.
    • Each person contributes equally to a $150 down payment

To find:
    • How much of the charter cost will each person still owe?

Approach and Working:
    • Cost of boat after paying the down payment = $480- $150 = $330
      o Hence, each person will still owe = \(\frac{$330}{6}\) =$55

Hence, the correct answer is option C.

Answer: C
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Re: A certain fishing boat is chartered by 6 people who are to c   [#permalink] 27 Jun 2019, 05:58
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