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The total expenses of organizing a party has a fixed expense of $250 a

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Joined: 02 Sep 2009
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The total expenses of organizing a party has a fixed expense of $250 a  [#permalink]

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New post 25 Sep 2018, 05:00
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A
B
C
D
E

Difficulty:

  25% (medium)

Question Stats:

92% (00:39) correct 8% (00:59) wrong based on 14 sessions

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The total expenses of organizing a party has a fixed expense of $250 as the rent of the place where the party is to be organized and a variable expense depending on the number of guests attending the party. For 10 guests the total expense was estimated to be $650. What is the estimated total expense for 20 guests?

(A) $800
(B) $900
(C) $1050
(D) $1250
(E) $1300

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Joined: 31 Oct 2013
Posts: 1392
Concentration: Accounting, Finance
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Re: The total expenses of organizing a party has a fixed expense of $250 a  [#permalink]

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New post 25 Sep 2018, 05:14
Bunuel wrote:
The total expenses of organizing a party has a fixed expense of $250 as the rent of the place where the party is to be organized and a variable expense depending on the number of guests attending the party. For 10 guests the total expense was estimated to be $650. What is the estimated total expense for 20 guests?

(A) $800
(B) $900
(C) $1050
(D) $1250
(E) $1300



Fixed Expense = 250

Total expense for 10 guests = 650

Variable expense = 650 -250 = 400

per head variable expense = 400 /10 = 40

Variable expense for 20 guests = 40 * 20 = 800

Total expense for 20 guests = 800 + 250 = 1050.

The best answer is C.
GMAT Club Bot
Re: The total expenses of organizing a party has a fixed expense of $250 a   [#permalink] 25 Sep 2018, 05:14
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The total expenses of organizing a party has a fixed expense of $250 a

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