analytics

Section1 Q2

2. 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

Answer: B
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1 comment:

  1. Solution:
    Rent to be paid per week: $10
    Approx Rent to be paid for a year on weekly base: $10 × 52 = $520

    Rent to be paid per month: $30
    Approx Rent to be paid for a year on monthly base: $30 × 12 = $360

    Amount that can be saved = $520 - $360 = $160

    Hence Answer is B.

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