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What was the amount of money donated to a certain charity?

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Director
Joined: 03 Aug 2012
Posts: 897
Concentration: General Management, General Management
GMAT 1: 630 Q47 V29
GMAT 2: 680 Q50 V32
GPA: 3.7
WE: Information Technology (Investment Banking)
Followers: 24

Kudos [?]: 764 [0], given: 322

What was the amount of money donated to a certain charity? [#permalink]

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21 Mar 2013, 05:34
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5% (low)

Question Stats:

77% (01:24) correct 23% (00:18) wrong based on 71 sessions

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What was the amount of money donated to a certain charity?

(1) Of the amount donated, 40 percent came from corporate donations
(2) Of the amount donated, $1.5 million came from noncorporate donations My only query in this question is "Are we assuming that there can be no third category such as 'Semi-corporate','Govt. depts' etc." ? Because by assuming that there are only 2 types of donations 1.corporate 2. non-corporate we can reach to answer this question. Plz Advice Rgds, TGC [Reveal] Spoiler: OA _________________ Rgds, TGC! _____________________________________________________________________ I Assisted You => KUDOS Please _____________________________________________________________________________ Last edited by Bunuel on 21 Mar 2013, 05:41, edited 2 times in total. Renamed the topic and edited the question. Math Expert Joined: 02 Sep 2009 Posts: 38799 Followers: 7715 Kudos [?]: 105823 [0], given: 11589 Re: What was the amount of money donated to a certain charity? [#permalink] Show Tags 21 Mar 2013, 05:46 targetgmatchotu wrote: What was the amount of money donated to a certain charity? (1) Of the amount donated, 40 percent came from corporate donations (2) Of the amount donated,$1.5 million came from noncorporate donations

My only query in this question is "Are we assuming that there can be no third category such as 'Semi-corporate','Govt. depts' etc." ?

Because by assuming that there are only 2 types of donations

1.corporate
2. non-corporate

we can reach to answer this question.

Rgds,
TGC

All donations are either corporate or noncorporate, how else? Corporate and noncorporate donations could also be made up from different sub-groups but this doesn't matter, is it?
_________________
Director
Joined: 03 Aug 2012
Posts: 897
Concentration: General Management, General Management
GMAT 1: 630 Q47 V29
GMAT 2: 680 Q50 V32
GPA: 3.7
WE: Information Technology (Investment Banking)
Followers: 24

Kudos [?]: 764 [0], given: 322

Re: What was the amount of money donated to a certain charity? [#permalink]

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21 Mar 2013, 05:55
Bunuel wrote:
targetgmatchotu wrote:
What was the amount of money donated to a certain charity?

(1) Of the amount donated, 40 percent came from corporate donations
(2) Of the amount donated, $1.5 million came from noncorporate donations My only query in this question is "Are we assuming that there can be no third category such as 'Semi-corporate','Govt. depts' etc." ? Because by assuming that there are only 2 types of donations 1.corporate 2. non-corporate we can reach to answer this question. Plz Advice Rgds, TGC All donations are either corporate or noncorporate, how else? Corporate and noncorporate donations could also be made up from different sub-groups but this doesn't matter, is it? Hi Bunuel On the contrary , I would like to ask you under which section of donations will "Semi-corporate donations " lie? Not under any one of them , so how can we assume that there are only 2 types ? Rgds, TGC _________________ Rgds, TGC! _____________________________________________________________________ I Assisted You => KUDOS Please _____________________________________________________________________________ Math Expert Joined: 02 Sep 2009 Posts: 38799 Followers: 7715 Kudos [?]: 105823 [0], given: 11589 Re: What was the amount of money donated to a certain charity? [#permalink] Show Tags 21 Mar 2013, 05:57 targetgmatchotu wrote: Bunuel wrote: targetgmatchotu wrote: What was the amount of money donated to a certain charity? (1) Of the amount donated, 40 percent came from corporate donations (2) Of the amount donated,$1.5 million came from noncorporate donations

My only query in this question is "Are we assuming that there can be no third category such as 'Semi-corporate','Govt. depts' etc." ?

Because by assuming that there are only 2 types of donations

1.corporate
2. non-corporate

we can reach to answer this question.

Rgds,
TGC

All donations are either corporate or noncorporate, how else? Corporate and noncorporate donations could also be made up from different sub-groups but this doesn't matter, is it?

Hi Bunuel

On the contrary , I would like to ask you under which section of donations will "Semi-corporate donations " lie?

Not under any one of them , so how can we assume that there are only 2 types ?

Rgds,
TGC

Is semi-corporate corporate? No, so it falls into noncorporate.

Consider this, are there any other colors but black and non-black? It's as simple as this.
_________________
Re: What was the amount of money donated to a certain charity?   [#permalink] 21 Mar 2013, 05:57
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