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For the homes with household incomes of $20,000 to $30,000, what was t
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23 Feb 2021, 14:29
23 Feb 2021, 14:29
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For the homes with household incomes of $20,000 to $30,000, what was the approximate total expenditure for Town X on transportation in 2018?
A. $1,500,000
B. $15,000,000
C. $18,000,000
D. $150,000,000
E. $180,000,000
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Kudos for the right answer and explanation
Question part of the project GRE Quantitative Reasoning Daily Challenge - (2021) EDITION
GRE - Math Book
Re: For the homes with household incomes of $20,000 to $30,000, what was t
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23 Feb 2021, 19:42
23 Feb 2021, 19:42
1
No of homes with the income 20000-30000 = 25,000
Monthly Expenditure of transportation of each home = 600
Total monthly expenditure = 25000 * 600 = 15,000,000
Now we are asked to find the expenditure for 2018. Annual.
Total = 15,000,000 * 12 = $180,000,000
Answer E
Monthly Expenditure of transportation of each home = 600
Total monthly expenditure = 25000 * 600 = 15,000,000
Now we are asked to find the expenditure for 2018. Annual.
Total = 15,000,000 * 12 = $180,000,000
Answer E
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