CAT Quant Practice Problems

Question: A college has raised 75% of the amount it needs for a new building by receiving an average donation of Rs. 600 from the people already solicited. The people already solicited represent 60% of the people the college will ask for donations. If the college is to raise exactly the amount needed for the new building, what should be the average donation from the remaining people to be solicited?
  1. Rs. 300
  2. Rs. 250
  3. Rs. 400
  4. Rs. 500

Correct Option:1

CAT 2019 Online Course

CAT Quant Questions with Video Solutions

CAT Quant Practice Problems
4.6 (92%) 15 votes