Of the films Empty Set Studios released last year, 60% were : Problem Solving (PS)

lifeisshort

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Re: Of the films Empty Set Studios released last year, 60% were [#permalink]

10 Aug 2010, 12:13

After fiddling some more, this is how I got to answer choice E...but did I get here using voodoo math or is it sound?

(.60*.75) + (.40*.25) = .44 + .10 = .55
55/100 = 11/20

Then subtract from 40:

40 - 11/20 = 22 (answer E)

NOTE:
I see how you both approached this right off by taking both known %'s of 40, getting two solid numbers to work with, and then taking a percentage of both knowns. Smart. Thank you for the keen insight. Your way is definitely the smart way, but is my math above correct or just lucky?

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Re: Of the films Empty Set Studios released last year, 60% were [#permalink]

10 Aug 2010, 17:47

lifeisshort wrote:

After fiddling some more, this is how I got to answer choice E...but did I get here using voodoo math or is it sound?

(.60*.75) + (.40*.25) = .44 + .10 = .55
55/100 = 11/20

Then subtract from 40:

40 - 11/20 = 22 (answer E)

NOTE:
I see how you both approached this right off by taking both known %'s of 40, getting two solid numbers to work with, and then taking a percentage of both knowns. Smart. Thank you for the keen insight. Your way is definitely the smart way, but is my math above correct or just lucky?

Quote:

Then subtract from 40:

40 - 11/20 = 22 (answer E)

Did you mean $40 * (11/20) = 22$ ???

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Re: Of the films Empty Set Studios released last year, 60% were [#permalink]

10 Aug 2010, 19:28

movie_type:horror-----------comedy
% :40---------------60

as we know total movies made = 40
num_movies:16---------------24
profitable :4-----------------18 (3/4 of horror are unprofitable and 3/4 of comedy are profitable)
answer : 18+4 = 22

ulm

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Re: Of the films Empty Set Studios released last year, 60% were [#permalink]

11 Aug 2010, 03:17

Let's imagine, that we have 100 movies.
So we can easily jump from percents to actual figures.
In this case we have 55 profitable movies.
55 profitable movies = 55% of all movies.
But actually only 40 movies were made. So we just find 55% of 40 movies = 22 (E)

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Re: Of the films Empty Set Studios released last year, 60% were [#permalink]

17 Aug 2010, 12:54

1

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Total profitable movies

comedy - 24*3/4=18
horror - 16*1/4=4

Total - 18+4 =22

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Re: Of the films Empty Set Studios released last year, 60% were [#permalink]

17 Aug 2010, 15:46

lifeisshort wrote:

Of the films Empty Set Studios released last year, 60% were comedies and the rest were horror films. 75% of the comedies were profitable, but 75% of the horror moves were unprofitable. If the studio made a total of 40 films, and broke even on none of them, how many of their films were profitable?

A 18

B 19

C 20

D 21

E 22

*snip*

Someone walk me through this please.... is my 75/60 approach wrong? It must be....should it be 75/100 and 60/100, separately? Then reduce, then multiply or divide the two? I've tried this approach and come up empty handed as well. Someone please show me the light. I'm embarrassed to admit i've stubbornly spent hours racking my brain on this, as I realize this is not a "hard" problem by any means...

The only mistake you are doing is in calculating the % (of the profitable movie in this case )
Just keep in mind that mistake, I think it will help in lot of other problems too !
Don't let yourself get confused with part/whole thing. Just remember whole percent and multiply part to while to get actual % of that . I hope this will help you

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Re: Of the films Empty Set Studios released last year, 60% were [#permalink]

23 Oct 2011, 05:12

solution

Attachments

New Microsoft Office Excel Worksheet.xlsx [9.06 KiB]
Downloaded 154 times

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AayushGMAT

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Re: Of the films Empty Set Studios released last year, 60% were [#permalink]

16 Aug 2014, 04:56

1

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Total movies= 40
60% Comedy films i.e 24 out of which 75% were profitable i.e 18
40% horror movies i.e 16 out of which 75% were unprofitable. therefore 25% were profitable i.e 4
so total 18 + 4= 22 movies were profitable
Hope this helps

----------------------------
Hit +1 Kudos if this helps

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Re: Of the films Empty Set Studios released last year, 60% were [#permalink]

28 Oct 2015, 08:44

"If the studio made a total of 40 films, and broke even on none of them,"

I got thrown off by the broke even on none of them part. Can anyone tell me how that is significant ???

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s111

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Re: Of the films Empty Set Studios released last year, 60% were [#permalink]

26 Sep 2018, 09:12

Bunuel: The question specifically mentions "If the studio made a total of 40 films, and broke even on none of them"

Why will the answer be 22?

riship2009

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Re: Of the films Empty Set Studios released last year, 60% were [#permalink]

03 Mar 2019, 08:34

LalaB wrote:

solution

is this a 700-750 type problem ?

G

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Re: Of the films Empty Set Studios released last year, 60% were [#permalink]

03 Mar 2019, 08:55

lifeisshort wrote:

Of the films Empty Set Studios released last year, 60% were comedies and the rest were horror films. 75% of the comedies were profitable, but 75% of the horror moves were unprofitable. If the studio made a total of 40 films, and broke even on none of them, how many of their films were profitable?

A. 18
B. 19
C. 20
D. 21
E. 22

Show Spoiler

Above is the first problem on my second online practice test (from Manhattan gmat website).

I have worked this problem every way imaginable for hours on end and still can’t figure it. Basically, we’re talking “part / whole” here, right?.... seems simple, so....

75% (part) / 60%(whole) + 15%(part) / 40%(whole) = x
NOTE: I recognize at least that it is 25/40 and not 75/40 because we really want to know how many horror were profitable not unprofitable (100%-75%=25%). So I make this change at the get-to.

75/60 + 25/40 = x
reduce....and then plug in:
40 - x = ANSWER

Someone walk me through this please.... is my 75/60 approach wrong? It must be....should it be 75/100 and 60/100, separately? Then reduce, then multiply or divide the two? I've tried this approach and come up empty handed as well. Someone please show me the light. I'm embarrassed to admit i've stubbornly spent hours racking my brain on this, as I realize this is not a "hard" problem by any means...

Edit: Formating

Number of movies=40
24 are comedies ==> 16 are horror

75% of comedy are profitable ==>18 comedy movies are profitable (and 6 unprofitable)

75% of horror movies are unprofitable ==> 12 unprofitable (and 4 profitable)

Number of profitable films=18+4=22

L

Archit3110

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Re: Of the films Empty Set Studios released last year, 60% were [#permalink]

12 Aug 2019, 10:09

2x2 matrix

----c----h--total
p--18---4---22
np--6---12--18
total-24--16--40
IMO 22; E

lifeisshort wrote:

Of the films Empty Set Studios released last year, 60% were comedies and the rest were horror films. 75% of the comedies were profitable, but 75% of the horror moves were unprofitable. If the studio made a total of 40 films, and broke even on none of them, how many of their films were profitable?

A. 18
B. 19
C. 20
D. 21
E. 22

Show Spoiler

Above is the first problem on my second online practice test (from Manhattan gmat website).

I have worked this problem every way imaginable for hours on end and still can’t figure it. Basically, we’re talking “part / whole” here, right?.... seems simple, so....

75% (part) / 60%(whole) + 15%(part) / 40%(whole) = x
NOTE: I recognize at least that it is 25/40 and not 75/40 because we really want to know how many horror were profitable not unprofitable (100%-75%=25%). So I make this change at the get-to.

75/60 + 25/40 = x
reduce....and then plug in:
40 - x = ANSWER

Someone walk me through this please.... is my 75/60 approach wrong? It must be....should it be 75/100 and 60/100, separately? Then reduce, then multiply or divide the two? I've tried this approach and come up empty handed as well. Someone please show me the light. I'm embarrassed to admit i've stubbornly spent hours racking my brain on this, as I realize this is not a "hard" problem by any means...

Edit: Formating

S

bansalgaurav

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Of the films Empty Set Studios released last year, 60% were [#permalink]

22 Jul 2021, 06:57

"..broke even on none of them." sounds me confusing here. If I ignore this part, the question is easy to solve. But if i consider this part, how can answer be 22 profitable movies, if it did not break even on any of the movies...Q. language sounds me bit confusing....

Request for someone to address it !!!

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xsharpliner

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Re: Of the films Empty Set Studios released last year, 60% were [#permalink]

24 Dec 2021, 06:54

bansalgaurav wrote:

"..broke even on none of them." sounds me confusing here. If I ignore this part, the question is easy to solve. But if i consider this part, how can answer be 22 profitable movies, if it did not break even on any of the movies...Q. language sounds me bit confusing....

Request for someone to address it !!!

I think the question means that none of the movies were at a stage were Revenue = Cost, hence each movie is either profitable or not profitable.
Therefore total movies = 40.

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Re: Of the films Empty Set Studios released last year, 60% were [#permalink]

18 Oct 2023, 06:11

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Re: Of the films Empty Set Studios released last year, 60% were [#permalink]

18 Oct 2023, 06:11

GMAT Problem Solving (PS) Questions

Of the films Empty Set Studios released last year, 60% were