Question

> 59. TH = = = 56. A lobbyist in our nation's capitol must buy 250 votes in the House of Representatives and Senate to win pas- sage of a bill to add Millard Fillmore's face to Mount Rushmore. Votes in Congress can be purchased according to the following process: V=CM/100,000, where C is the number of dollars contributed to cam- paign funds and M is the number of three-martini lunches. If three-martini lunches cost $64 each, what is the smallest expenditure the lobbyist could make to ensure Mr. Fillmore's proper place in history? a. $80,000 b. $390,625 c. $25,000,064 d. $325,000 e. $25,000,000 ANS: A .....250 votes A

Answer 1

Answer - Option B

The solution of the problem can be obtained as follows -

V = 250

M = 64

C = ?

As per the formula V = CM/ 100000, C can be calculated as (V *100000 )/M

Thus C = (250 * 100000 ) / 64

= $ 390625