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A certain fishing boat is chartered by 6 people who are to c
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22 Jan 2014, 02:16
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The Official Guide For GMAT® Quantitative Review, 2ND EditionA 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 GMAT Club is introducing a new project: The Official Guide For GMAT® Quantitative Review, 2ND Edition  Quantitative Questions ProjectEach week we'll be posting several questions from The Official Guide For GMAT® Quantitative Review, 2ND Edition and then after couple of days we'll provide Official Answer (OA) to them along with a slution. We'll be glad if you participate in development of this project: 1. Please provide your solutions to the questions; 2. Please vote for the best solutions by pressing Kudos button; 3. Please vote for the questions themselves by pressing Kudos button; 4. Please share your views on difficulty level of the questions, so that we have most precise evaluation. Thank you!
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Re: A certain fishing boat is chartered by 6 people who are to c
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22 Jan 2014, 09:29
Per person cost=480/6=80 Paid as downpayment=150/6=25 Remaining cost per person=8025=55 Ans C
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Re: A certain fishing boat is chartered by 6 people who are to c
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22 Jan 2014, 11:13
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
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22 Jan 2014, 17:21
C. 55
6 people to split 480 evenly, but 150 is already paid for 480150=330 330/6=55



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Re: A certain fishing boat is chartered by 6 people who are to c
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22 Jan 2014, 21:17
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
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22 Jan 2014, 23:47
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
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23 Jan 2014, 06:45
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
480150=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
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04 Apr 2017, 16:21
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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Re: A certain fishing boat is chartered by 6 people who are to c
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24 Mar 2018, 09:18
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 adkikaniNote 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
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22 Jan 2014, 02:16
SOLUTIONA 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 Each person still owes \(\frac{480150}{6}=55\). Answer: C.
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Re: A certain fishing boat is chartered by 6 people who are to c
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25 Jan 2014, 12:08
SOLUTIONA 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 Each person still owes \(\frac{480150}{6}=55\). Answer: C.
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Re: A certain fishing boat is chartered by 6 people who are to c
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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= 8025=55 So answer is C.



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