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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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Difficulty:

  55% (hard)

Question Stats:

51% (01:11) correct 49% (01:07) wrong based on 71 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
[Reveal] Spoiler: OA

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Joined: 20 Dec 2010
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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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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.

Kudos [?]: 25 [0], given: 283

Re: ABC company pays an average of $140 per vehicle each month in outdoor   [#permalink] 18 Oct 2016, 16:07
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ABC company pays an average of $140 per vehicle each month in outdoor

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