Last visit was: 19 Apr 2025, 07:03 It is currently 19 Apr 2025, 07:03
Close
GMAT Club Daily Prep
Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Close
Request Expert Reply
Confirm Cancel
User avatar
Bunuel
User avatar
Math Expert
Joined: 02 Sep 2009
Last visit: 18 Apr 2025
Posts: 100,761
Own Kudos:
Given Kudos: 93,108
Products:
Expert
Expert reply
Active GMAT Club Expert! Tag them with @ followed by their username for a faster response.
Posts: 100,761
Kudos: 717,700
Kudos
Add Kudos
Bookmarks
Bookmark this Post
User avatar
Abhishek009
User avatar
Board of Directors
Joined: 11 Jun 2011
Last visit: 16 Dec 2024
Posts: 5,994
Own Kudos:
Given Kudos: 463
Status:QA & VA Forum Moderator
Location: India
GPA: 3.5
WE:Business Development (Commercial Banking)
Posts: 5,994
Kudos: 5,086
Kudos
Add Kudos
Bookmarks
Bookmark this Post
User avatar
siddharthkapoor
User avatar
GMAT Club Reviews PM Intern
Joined: 10 Apr 2018
Last visit: 04 Jul 2024
Posts: 529
Own Kudos:
Given Kudos: 522
Location: India
Schools: ISB'22 (D)
GMAT 1: 680 Q48 V34
GPA: 3.3
Products:
Schools: ISB'22 (D)
GMAT 1: 680 Q48 V34
Posts: 529
Kudos: 798
Kudos
Add Kudos
Bookmarks
Bookmark this Post
User avatar
vivek920368
Joined: 09 Apr 2017
Last visit: 16 Apr 2024
Posts: 40
Own Kudos:
Given Kudos: 42
Location: India
Posts: 40
Kudos: 18
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Bunuel
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
User avatar
daagh
User avatar
Major Poster
Joined: 19 Feb 2007
Last visit: 16 Oct 2020
Posts: 5,264
Own Kudos:
Given Kudos: 422
Status: enjoying
Location: India
WE:Education (Education)
Expert
Expert reply
Posts: 5,264
Kudos: 42,317
Kudos
Add Kudos
Bookmarks
Bookmark this Post
30000-20000=10000/40 = 2.500 dollars per day; Ans: A.
User avatar
BrentGMATPrepNow
User avatar
Major Poster
Joined: 12 Sep 2015
Last visit: 13 May 2024
Posts: 6,765
Own Kudos:
Given Kudos: 799
Location: Canada
Expert
Expert reply
Posts: 6,765
Kudos: 33,369
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Bunuel
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

After 60 days, the organization has 40 days to raise an additional $100,000
So the average number of dollars per day it must raise = $100,000/40 = 10,000/4 = 2,500

Answer: A

Cheers,
Brent
User avatar
TheNightKing
Joined: 18 Dec 2017
Last visit: 20 Mar 2024
Posts: 1,143
Own Kudos:
Given Kudos: 421
Location: United States (KS)
GMAT 1: 600 Q46 V27
GMAT 1: 600 Q46 V27
Posts: 1,143
Kudos: 1,183
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Bunuel
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

300 - 100 days

200 - 60 days

We need 100 in 40 days.

100/40=2.5
Which is 2500 if you consider the zeros we trimmed.

Option A.
User avatar
ScottTargetTestPrep
User avatar
Target Test Prep Representative
Joined: 14 Oct 2015
Last visit: 18 Apr 2025
Posts: 20,592
Own Kudos:
Given Kudos: 292
Status:Founder & CEO
Affiliations: Target Test Prep
Location: United States (CA)
Expert
Expert reply
Active GMAT Club Expert! Tag them with @ followed by their username for a faster response.
Posts: 20,592
Kudos: 25,600
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Bunuel
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

Since the organization has to raise $100,000 in the remaining 40 days, the average number of dollars per day that it must raise for the last 40 days in order to achieve its goal is 100,000/40 = $2,500.

Answer: A
Moderators:
Math Expert
100761 posts
PS Forum Moderator
558 posts