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In a certain company, the dollar amounts budgeted for advertising, pro

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Math Expert
Joined: 02 Sep 2009
Posts: 58458
In a certain company, the dollar amounts budgeted for advertising, pro  [#permalink]

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22 Jan 2019, 02:14
00:00

Difficulty:

15% (low)

Question Stats:

95% (00:47) correct 5% (00:54) wrong based on 25 sessions

In a certain company, the dollar amounts budgeted for advertising, product development, and administration are 4:3:1, respectively. If the company’s entire budget is $200,000, how much did the company spend on product development? A 25,000 B 50,000 C 75,000 D 80,000 E 100,000 _________________ VP Joined: 31 Oct 2013 Posts: 1464 Concentration: Accounting, Finance GPA: 3.68 WE: Analyst (Accounting) Re: In a certain company, the dollar amounts budgeted for advertising, pro [#permalink] Show Tags 22 Jan 2019, 03:05 Bunuel wrote: In a certain company, the dollar amounts budgeted for advertising, product development, and administration are 4:3:1, respectively. If the company’s entire budget is$200,000, how much did the company spend on product development?

A 25,000
B 50,000
C 75,000
D 80,000
E 100,000

Sum of the ratio = 4 + 3 + 1 = 8.

Product development cost: $$\frac{200000}{8}$$ * 3 = 75000.

C is the correct answer.
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Joined: 18 Aug 2017
Posts: 5017
Location: India
Concentration: Sustainability, Marketing
GPA: 4
WE: Marketing (Energy and Utilities)
Re: In a certain company, the dollar amounts budgeted for advertising, pro  [#permalink]

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22 Jan 2019, 05:27
Bunuel wrote:
In a certain company, the dollar amounts budgeted for advertising, product development, and administration are 4:3:1, respectively. If the company’s entire budget is \$200,000, how much did the company spend on product development?

A 25,000
B 50,000
C 75,000
D 80,000
E 100,000

3/8 * 2*10^5

75,000
IMO C
Re: In a certain company, the dollar amounts budgeted for advertising, pro   [#permalink] 22 Jan 2019, 05:27
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