Find all School-related info fast with the new School-Specific MBA Forum

It is currently 28 Jul 2015, 14:45
GMAT Club Tests

Close

GMAT Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

A certain theater has 100 balcony seats. For every $2

  Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
Eternal Intern
User avatar
Joined: 07 Jun 2003
Posts: 468
Location: Lone Star State
Followers: 1

Kudos [?]: 53 [0], given: 0

A certain theater has 100 balcony seats. For every $2  [#permalink] New post 26 Jul 2003, 08:33
00:00
A
B
C
D
E

Difficulty:

(N/A)

Question Stats:

0% (00:00) correct 0% (00:00) wrong based on 0 sessions
This topic is locked. If you want to discuss this question please re-post it in the respective forum.

A certain theater has 100 balcony seats. For every $2 increase in the price of a balcony seat above $10, 5 fewer seats will be sold. If all the balcony seats are sold when the price of each seat is $10, which of the following could be the price of a balcony seat if the revenue from the sale of balcony seats is $1,360?
SVP
SVP
User avatar
Joined: 03 Feb 2003
Posts: 1607
Followers: 6

Kudos [?]: 92 [0], given: 0

 [#permalink] New post 26 Jul 2003, 11:40
(10+2n)(100-5n)=1360

n=3 or 12, so the price can be $16 or $34
Eternal Intern
User avatar
Joined: 07 Jun 2003
Posts: 468
Location: Lone Star State
Followers: 1

Kudos [?]: 53 [0], given: 0

 [#permalink] New post 26 Jul 2003, 14:37
The trick is you can view the $2 increase and five seat decrease as the same, instead of representing them as two seperate variables.

:lol:
  [#permalink] 26 Jul 2003, 14:37
Display posts from previous: Sort by

A certain theater has 100 balcony seats. For every $2

  Question banks Downloads My Bookmarks Reviews Important topics  


GMAT Club MBA Forum Home| About| Privacy Policy| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group and phpBB SEO

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.