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What were the gross revenues from ticket sales for a certain film during the second week in which it was shown?
(1) Gross revenues during the second week were $1.5 million less than during the first week. (2) Gross revenues during the third week were $2.0 million less than during the first week.
Each week we'll be posting several questions from The Official Guide For GMAT® Quantitative Review, 2ND Edition and then after couple of days we'll provide Official Answer (OA) to them along with a slution.
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What were the gross revenues from ticket sales for a certain film during the second week in which it was shown?
(1) Gross revenues during the second week were $1.5 million less than during the first week. (2) Gross revenues during the third week were $2.0 million less than during the first week.
Each week we'll be posting several questions from The Official Guide For GMAT® Quantitative Review, 2ND Edition and then after couple of days we'll provide Official Answer (OA) to them along with a slution.
We'll be glad if you participate in development of this project: 1. Please provide your solutions to the questions; 2. Please vote for the best solutions by pressing Kudos button; 3. Please vote for the questions themselves by pressing Kudos button; 4. Please share your views on difficulty level of the questions, so that we have most precise evaluation.
Thank you!
Always confuse with the questions of Bunuel, because i am always asking myself "there is a trap there is a trap..."!
Well in this one there is a nice trap which is the first answer choice.
(1) Gross revenues during the second week were $1.5 million less than during the first week - With this one, we still do not know the first week revenues (could be 1.6 million or 1597 billion)
Equation: X * $1.5 million (X= first week revenues)
(2) Gross revenues during the third week were $2.0 million less than during the first week. - Same as for statement one. We do not know the gross revenues of the first week...
Equation: X * $2.0 million (X= first week revenues)
Re: What were the gross revenues from ticket sales for a certain [#permalink]
01 Jan 2014, 11:19
1
This post received KUDOS
The Qs is to find out Gross rev sales of second week of a film...let's call it w2. We have to find a certain value.
1. St. 1 says that in mathematical terms.. w2= w1-1.5(mn).. This is insufficient as we don't know anything about w1 revenues. It can be anything. No info is provided in Qs stem also. So ans. may be BCE
2. St. 2 says that in mathematical terms..w3=w1-2(mn)..This is insufficient as we don't know anything about w1 or w3 revenues. They can be anything. No info is provided in Qs stem also. So ans. may be CE
Combining St1 and St2.. there are 3 variables and we don't know any other co-relation among them.. so, no certain value can be found, hence IMO ans. is E.
What were the gross revenues from ticket sales for a certain film during the second week in which it was shown?
(1) Gross revenues during the second week were $1.5 million less than during the first week. (2) Gross revenues during the third week were $2.0 million less than during the first week.
Each week we'll be posting several questions from The Official Guide For GMAT® Quantitative Review, 2ND Edition and then after couple of days we'll provide Official Answer (OA) to them along with a slution.
We'll be glad if you participate in development of this project: 1. Please provide your solutions to the questions; 2. Please vote for the best solutions by pressing Kudos button; 3. Please vote for the questions themselves by pressing Kudos button; 4. Please share your views on difficulty level of the questions, so that we have most precise evaluation.
Re: What were the gross revenues from ticket sales for a certain [#permalink]
01 Jan 2014, 23:37
What were the gross revenues from ticket sales for a certain film during the second week in which it was shown?
(1) Gross revenues during the second week were $1.5 million less than during the first week. (2) Gross revenues during the third week were $2.0 million less than during the first week.
Sol: Let the revenue during the 2nd week in which it was shown be X. We need to find X
From St 1 we have the Revenue in the first week was which X+1.5 Not sufficient From St 2 we have the revenue in 3rd week was 2M US$ less. Not sufficient. We don't know what was the revenue in first week.
Combining we get that Revenue in 1st week: x +1.5 Revenue in 2nd week: x and Revenue in 3rd week: x +1.5- 2-----> x- 0.5
Clearly we cannot get the value of x.
Ans E _________________
“If you can't fly then run, if you can't run then walk, if you can't walk then crawl, but whatever you do you have to keep moving forward.”
What were the gross revenues from ticket sales for a certain film during the second week in which it was shown?
(1) Gross revenues during the second week were $1.5 million less than during the first week. (2) Gross revenues during the third week were $2.0 million less than during the first week.
Basically they want to know what x2*y2 = TR2, where all 2's denote "second week", x denotes tickets sold and y denots price per ticket.
1) uses different variables (x1, y1 and TR1), and only gives us a relation between TR1 and TR2.. Clearly insufficient 2) uses different variables (x3, y3 and TR3), and only gives us a relation between TR1 and TR3, clearly insufficient.
1 + 2, we know absolutely nothing about x2 or y2, we're only given some weak relationships among the revenues for three consecutive weeks.
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