Skip to Main Content

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

▲

52

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

▲

45

Mike McGarry, Magoosh Tutor

Nov 2, 2012 • Comment

Add Your Explanation

You must have a Magoosh account in order to leave an explanation.

Learn More About Magoosh

Official GMAT Material

Official Guide for GMAT Review 2016

Official Guide for the GMAT 13th Ed.

Official Guide for the GMAT 2015 14th Ed.

Nova's GRE Prep

Official Guide for the GMAT 12th Ed.

Revised GRE PDF 2nd Ed.

Section 5.3 Problem Solving

Improve Your Score

Magoosh GMAT is an affordable online course for studying the GMAT.

Learn More About Magoosh

Share Post

Return to Forum