Source: Official Guide for the GMAT 12th Ed. Section 5.3 Problem Solving; #1

43

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? $ 380, $ 540, $1,050, $1,380, $ 1,430

1 Explanation

35

Gravatar Mike McGarry, Magoosh Tutor

Nov 2, 2012 • Comment

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Section 5.3 Problem Solving

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