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ABC company pays an average of $140 per vehicle each month in outdoor

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Intern
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Joined: 26 Feb 2011
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ABC company pays an average of $140 per vehicle each month in outdoor  [#permalink]

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New post 04 Mar 2011, 11:14
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A
B
C
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E

Difficulty:

  75% (hard)

Question Stats:

54% (01:52) correct 46% (01:53) wrong based on 112 sessions

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ABC company pays an average of $140 per vehicle each month in outdoor parking fees for three of its eight vehicles. The companuy pays garage parking fees for the remaining five vehicles. If ABC pays an average of $240 per vehicle overall each month for parking, how much does ABC pay per month in garage parking fees for its vehicles?

A. 300
B. 420
C. 912
D. 1420
E. 1500
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Re: ABC company pays an average of $140 per vehicle each month in outdoor  [#permalink]

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New post 04 Mar 2011, 11:24
Let ABC pays "x" dollars for the garage parking of its 5 vehicles;

so;

\(\frac{140*3+x}{8} = 240\)
\(x = 240*8 - 140*3 = 1920-420 = 1500\)

Ans: "E"
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Manager
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Re: ABC company pays an average of $140 per vehicle each month in outdoor  [#permalink]

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New post 05 Mar 2011, 08:34
i think the trick is about " cars going out"
it means it could go out sometimes and it could stay at the garage sometimes, thus the ABC company still has to pay fees for going-out cars in garage

so the math will be 240*8 cars-3*140=1500 fee for parking in garage.
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Schools: IE Business School, Manchester Business School, HEC Paris, Rotterdam School of Management, Babson College
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Re: ABC company pays an average of $140 per vehicle each month in outdoor  [#permalink]

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New post 15 Jun 2011, 01:44
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The total value of the 3 cars parking is 420. The total for 8 cars is 1920. Hence, 1920-420= 1500 is the amount paid for the 5 cars.

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Re: ABC company pays an average of $140 per vehicle each month in outdoor  [#permalink]

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New post 18 Oct 2016, 16:07
Problem can be solved using the following formula:

[3(140)+5x]/8 = 240
x = 300

Total spent on garages is 5x$300 = $1500. Thus, E is the correct answer.
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Re: ABC company pays an average of $140 per vehicle each month in outdoor  [#permalink]

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New post 31 Jul 2018, 18:34
Hello from the GMAT Club BumpBot!

Thanks to another GMAT Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).

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Re: ABC company pays an average of $140 per vehicle each month in outdoor &nbs [#permalink] 31 Jul 2018, 18:34
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