• Board contributors include instructors with "800" GMAT scores.
  • 95% of posts have replies within 24 hours.
  • Join for discounts with 800score, VeritasPrep and ManhattanGMAT


FAQ  - Register  - Search - Login 

All times are UTC - 7 hours




Post new topic Reply to topic  [ 2 posts ] 
Author Message
 Post subject: GMAT Profit / Revenue (Data Sufficiency)
PostPosted: Mon Oct 19, 2009 11:59 am 
Offline

Joined: Sun Apr 19, 2009 6:56 pm
Posts: 32
The owners of a theatre receive $5 per ticket sold to a certain performance. How much did the theatre owners receive from ticket sales?

(1) The total revenue from ticket sales was $700.
(2) If 30 more tickets had been sold, the theater owners would have received 30 percent more money from ticket sales.


Since it is mentioned that total revenue is equal to $700 in choice A, which is what the question in asking, as to how much did the theatre owner receive
from ticket sales? Pl explain.


Top
 Profile  
 
 Post subject: Re: Test 1, Question 20
PostPosted: Mon Oct 19, 2009 12:04 pm 
Offline
User avatar

Joined: Mon Apr 06, 2009 5:44 pm
Posts: 81
Let X be the number of tickets sold. If each ticket sold is 5 dollars, and the total revenues are 700 dollars, then we have 5X= 700, solving for X will give us the number of tickets sold. So the number of tickets sold is equal to X = 700/5 = 140 tickets.

~Steve


Top
 Profile  
 
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 2 posts ] 

All times are UTC - 7 hours


Who is online

Users browsing this forum: Yahoo [Bot] and 1 guest


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Search for:
Jump to:  
cron
Powered by phpBB © 2000, 2002, 2005, 2007 phpBB Group
Template made by DEVPPL -
phpBB SEO
 
GMAT(TM) and GMAT CAT (TM) are registered trademarks of the Graduate Management Admission Council(TM). The Graduate Management Admission Council(TM) does not endorse, nor is affiliated in any way with the owner or any content of this site.