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A charitable organization has a goal of raising $300,000 in 100 days.

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A charitable organization has a goal of raising $300,000 in 100 days.  [#permalink]

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New post 14 Oct 2019, 09:05
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A charitable organization has a goal of raising $300,000 in 100 days. If it raised $200,000 in the first 60 days, what is the average (arithmetic mean) number of dollars per day that it must raise for the last 40 days in order to achieve its goal?

(A) $2,500
(B) $3,000
(C) $5,000
(D) $6,000
(E) $7,500

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Re: A charitable organization has a goal of raising $300,000 in 100 days.  [#permalink]

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New post 14 Oct 2019, 09:23
Bunuel wrote:
A charitable organization has a goal of raising $300,000 in 100 days. If it raised $200,000 in the first 60 days, what is the average (arithmetic mean) number of dollars per day that it must raise for the last 40 days in order to achieve its goal?

(A) $2,500
(B) $3,000
(C) $5,000
(D) $6,000
(E) $7,500


\(\frac{$300,000 - $200,000}{100 - 60}\)

\(= \frac{$100,000}{40}\)

\(= $2,500\), Answer must be (A)
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Re: A charitable organization has a goal of raising $300,000 in 100 days.  [#permalink]

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New post 14 Oct 2019, 09:59
Bunuel wrote:
A charitable organization has a goal of raising $300,000 in 100 days. If it raised $200,000 in the first 60 days, what is the average (arithmetic mean) number of dollars per day that it must raise for the last 40 days in order to achieve its goal?

(A) $2,500
(B) $3,000
(C) $5,000
(D) $6,000
(E) $7,500


Average number of dollars per day to be raised in last 40 days = \(\frac{100000}{40}\)=2500

Therefore, the correct answer is option A.
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Re: A charitable organization has a goal of raising $300,000 in 100 days.  [#permalink]

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New post 14 Oct 2019, 11:15
Bunuel wrote:
A charitable organization has a goal of raising $300,000 in 100 days. If it raised $200,000 in the first 60 days, what is the average (arithmetic mean) number of dollars per day that it must raise for the last 40 days in order to achieve its goal?

(A) $2,500
(B) $3,000
(C) $5,000
(D) $6,000
(E) $7,500


remaining amount/remaining number of days = (300000 - 200000)/4 = 100000/40 = 2500
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Re: A charitable organization has a goal of raising $300,000 in 100 days.  [#permalink]

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New post 14 Oct 2019, 11:43
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30000-20000=10000/40 = 2.500 dollars per day; Ans: A.
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Re: A charitable organization has a goal of raising $300,000 in 100 days.   [#permalink] 14 Oct 2019, 11:43
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