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shreyas
 Post subject: Question of the Day (QOTD) - Nov 25, 2008
PostPosted: Tue Nov 25, 2008 4:48 pm 
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Senior Consultant

Joined: Sun Dec 18, 2005 9:50 am
Posts: 49
A parking garage rents parking spaces for $10 per week or $30 per month. How much does a person save in a year by renting by the month rather than by the week?
(A) $140
(B) $160
(C) $220
(D) $240
(E) $260
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ksb
 Post subject: Re: Question of the Day (QOTD) - Nov 25, 2008
PostPosted: Wed Feb 25, 2009 8:16 am 
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GMAT Tutor

Joined: Tue Dec 28, 2004 2:34 am
Posts: 81
Location: Chennai, India
52 weeks in a year. So, cost of renting on a weekly basis = $520

12 months in a year. So, cost of renting on a monthly basis = 12*30 = $360.

Savings = 520 - 360 = $160.

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