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A certain university spends all the money donated by The Goodwill Foundation in a certain year to fund three research projects P, Q and R. Project P receives a funding of $40,000. Both projects P and Q receive 100% more funding than Project R. The donation made by The Goodwill Foundation to the university is 25% of the total donation received by the university during the year. If the university invests in projects P, Q and R only from the money received from The Goodwill Foundation, then what is the total amount, in dollars, of donation that is not received by the university from The Goodwill Foundation?
  • a)
    50000
  • b)
    100000
  • c)
    200000
  • d)
    300000
  • e)
    400000
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
A certain university spends all the money donated by The Goodwill Foun...
Step 1: Question statement and Inferences
The first step will be to draw the tree structure that depicts the question statement.
The next step will be to find the value at each node and branch of the tree.
 
Step 2: Finding required values
Let the money donated by The Goodwill Foundation be $x
It is given that
Amount donated by Goodwill Foundation =25% of Total Donation
Total Donation=4x
 
So, Donations by others=4x–x=3x
We need to find the value of 
We are also given that
Funding received by P = Funding Received by Q = $40,000
Also,
Funding received by P= Funding received by R+100 of Funding received by R
Thus,x=40,000 + 40,000 + 20,000 = $100,000
Step 3: Calculating the final answer
Donation that is not received by the university from The Goodwill Foundation = 3x = $300,000
 (D) is the correct answer.
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A certain university spends all the money donated by The Goodwill Foundation in a certain year to fund three research projects P, Q and R. Project P receives a funding of $40,000. Both projects P and Q receive 100% more funding than Project R. The donation made by The Goodwill Foundation to the university is 25% of the total donation received by the university during the year. If the university invests in projects P, Q and R only from the money received from The Goodwill Foundation, then what is the total amount, in dollars, of donation that is not received by the university from The Goodwill Foundation?a)50000b)100000c)200000d)300000e)400000Correct answer is option 'D'. Can you explain this answer?
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A certain university spends all the money donated by The Goodwill Foundation in a certain year to fund three research projects P, Q and R. Project P receives a funding of $40,000. Both projects P and Q receive 100% more funding than Project R. The donation made by The Goodwill Foundation to the university is 25% of the total donation received by the university during the year. If the university invests in projects P, Q and R only from the money received from The Goodwill Foundation, then what is the total amount, in dollars, of donation that is not received by the university from The Goodwill Foundation?a)50000b)100000c)200000d)300000e)400000Correct answer is option 'D'. Can you explain this answer? for GMAT 2024 is part of GMAT preparation. The Question and answers have been prepared according to the GMAT exam syllabus. Information about A certain university spends all the money donated by The Goodwill Foundation in a certain year to fund three research projects P, Q and R. Project P receives a funding of $40,000. Both projects P and Q receive 100% more funding than Project R. The donation made by The Goodwill Foundation to the university is 25% of the total donation received by the university during the year. If the university invests in projects P, Q and R only from the money received from The Goodwill Foundation, then what is the total amount, in dollars, of donation that is not received by the university from The Goodwill Foundation?a)50000b)100000c)200000d)300000e)400000Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for GMAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A certain university spends all the money donated by The Goodwill Foundation in a certain year to fund three research projects P, Q and R. Project P receives a funding of $40,000. Both projects P and Q receive 100% more funding than Project R. The donation made by The Goodwill Foundation to the university is 25% of the total donation received by the university during the year. If the university invests in projects P, Q and R only from the money received from The Goodwill Foundation, then what is the total amount, in dollars, of donation that is not received by the university from The Goodwill Foundation?a)50000b)100000c)200000d)300000e)400000Correct answer is option 'D'. Can you explain this answer?.
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