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A project scheduled to be carried out

A project scheduled to be carried out over a single fiscal year has a budget of $12,600, divided into 12 equal monthly allocations. At the end of the fourth month of that fiscal year, the total amount actually spent on the project was $4,580. By how much was the project over its budget?

2 Explanations

50

Gravatar Mike McGarry, Magoosh Tutor

Dec 23, 2013 • Comment

Sergey Volchematiev

Other way is to notice that 4 months is a third of a year. Than they should have spent $12600/3=$4200 for these 4 months, and so they spent extra $4580-$4200=$380. It seems that it is easier to divide 12600 by 3 than by 12.

Nov 26, 2014 • Reply

Elias Toulany

Great trick!

Jan 5, 2017 • Reply

Mohammad Aasim

I pretty much agree with your point. Your proposition reduces steps in yeilding the right solution.

Aug 9, 2017 • Reply

5

spreha kanika

23rt

Nov 17, 2013 • Comment

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