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04 Mar 2011, 11:14
1
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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

Kudos [?]: 122 [0], given: 1

Math Forum Moderator
Joined: 20 Dec 2010
Posts: 1965

Kudos [?]: 2097 [0], given: 376

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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.

Kudos [?]: 8 [0], given: 0

Manager
Joined: 03 Jun 2010
Posts: 136

Kudos [?]: 4 [1], given: 4

Location: Dubai, UAE
Schools: IE Business School, Manchester Business School, HEC Paris, Rotterdam School of Management, Babson College

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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 Display posts from previous: Sort by # ABC company pays an average of$140 per vehicle each month in outdoor

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