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# A company was approved to spent a certain sum of money for an annual.

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Math Expert
Joined: 02 Sep 2009
Posts: 58340
A company was approved to spent a certain sum of money for an annual.  [#permalink]

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24 Sep 2018, 01:25
00:00

Difficulty:

45% (medium)

Question Stats:

56% (01:40) correct 44% (02:23) wrong based on 11 sessions

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A company was approved to spent a certain sum of money for an annual. It spent (1/4)th of the sum during the first quarter of the year, and (1/6)th of the remainder was spent during the second quarter. By what percent is the sum of money that was left at the beginning of the third quarter more than that spent in the last two quarters?

(A) 10%
(B) 22.22%
(C) 33.33%
(D) 66.66%
(E) 133.33%

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Joined: 14 Jun 2018
Posts: 219
Re: A company was approved to spent a certain sum of money for an annual.  [#permalink]

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24 Sep 2018, 01:56
Let the total budget be 1000.
Spent in first q = 1000/4 = 250
Spent in second q = 750/6 = 125
Remaining = 625
Difference = 625 - 375 = 250

250 *100 / 375 = 66.66
Re: A company was approved to spent a certain sum of money for an annual.   [#permalink] 24 Sep 2018, 01:56
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# A company was approved to spent a certain sum of money for an annual.

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