A school has received 60% of the amount it needs for a new building by receiving a donation of $500 each from people already solicited. People already solicited represent 50% of the people from whom the school will solicit donations. How much average contribution is requited from the remaining targeted people to complete the fund raising exercise?  Select the correct option.
A) $200  B) $333.33  C) $100.25  D) $277.78  E) $377.00
Let us suppose there are 100 people. 50% of them donated $25000 ( 500 * 50 )   $25000 is 60% of total amount.   So total amount = 25000 * 100/60   Remaining amount is 40% of total amount.   40% of total amount = 25000 * (100/60) * (40/100) = 50000/3   This amount has to be divided by 50( remaining people are 50 )   So per head amount is 50000/3 / 50 = 32000/180 = 333.33;   ANSWER:$333.33
<result>B</result>
A school has received 60% of the amount it needs for a new building by receiving a donation of $500 each from people already solicited. People already solicited represent 50% of the people from whom the school will solicit donations. How much average contribution is requited from the remaining targeted people to complete the fund raising exercise?