Hi Icejet,
Your question presupposes that you're supposed to come up with a 'math equation' to answer the given question. However, most GMAT questions are designed so that they can be approached in more than one way - and in many cases the "math approach" takes more time than an alternative, more-strategic approach. For example, in this question, a bit of basic multiplication and some light note-taking is all that's needed to answer the question.
The Quant section of the GMAT is NOT a 'math test' - it's a 'critical thinking test' that requires lots of little calculations as you work through it. Beyond having the necessary Quant knowledge and abilities, to score at a higher level in this section, you will likely need to become more of a 'strategist' and less of a 'mathematician.'
GMAT assassins aren't born, they're made,
Rich