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14 Oct 2019, 09:05
00:00

Difficulty:

15% (low)

Question Stats:

94% (00:56) correct 6% (00:57) wrong based on 31 sessions

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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 _________________ Board of Directors Status: QA & VA Forum Moderator Joined: 11 Jun 2011 Posts: 4835 Location: India GPA: 3.5 WE: Business Development (Commercial Banking) Re: A charitable organization has a goal of raising$300,000 in 100 days.  [#permalink]

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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) _________________ Thanks and Regards Abhishek.... PLEASE FOLLOW THE RULES FOR POSTING IN QA AND VA FORUM AND USE SEARCH FUNCTION BEFORE POSTING NEW QUESTIONS How to use Search Function in GMAT Club | Rules for Posting in QA forum | Writing Mathematical Formulas |Rules for Posting in VA forum | Request Expert's Reply ( VA Forum Only ) Senior Manager Joined: 10 Apr 2018 Posts: 279 Location: India Concentration: General Management, Operations GMAT 1: 680 Q48 V34 GPA: 3.3 Re: A charitable organization has a goal of raising$300,000 in 100 days.  [#permalink]

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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. Intern Joined: 09 Apr 2017 Posts: 5 Location: India Schools: HEC, Mannheim, ESMT, WHU MBA Re: A charitable organization has a goal of raising$300,000 in 100 days.  [#permalink]

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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 Retired Moderator Status: enjoying Joined: 19 Feb 2007 Posts: 5190 Location: India WE: Education (Education) Re: A charitable organization has a goal of raising$300,000 in 100 days.  [#permalink]

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14 Oct 2019, 11:43
Top Contributor
30000-20000=10000/40 = 2.500 dollars per day; Ans: A.
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