Hi whollymoses,
TESTing VALUES works nicely on this question, but you have to be careful with your note-taking. Based on the work that you showed, you're doing repeated calculations at the END of your work (instead of just doing 1 calculation at the beginning) - so that's a somewhat inefficient way to approach the work.
Let's start with the 'R' that you chose...
R = 6,000 meaning that EACH School received $6,000 dollars - and the TOTAL money = $12,000
The prompt tells us that the Middle School will transfer $S to the High School so that the Schools will have the same money PER STUDENT.
Between the 2 Schools, there are 300+200 = 500 students, so $12,000/500 = $24 per student.
Right now, the High School has $6,000/300 = $20 per student.... but we need it to be $24/student.
Thus, the Middle School has to transfer ($4)(300) = $1200 to the High School.
We're looking for an answer that equals 1200 when R = 6000. There's only one answer that matches.
GMAT assassins aren't born, they're made,
Rich