GMAT Question of the Day (Sept 18): Word Problem and Critical Reasoning

By - Sep 18, 02:00 AM Comments [0]

Math (PS)

If the circus were to sell all of its 220 tickets for this month's performance at its usual price, the revenue from sales would be 10% greater than that collected last month. If the circus raised the ticket price by 5% and sold only 200 tickets as a result, what percent less would last month's revenue be compared to this month's revenue

(A) 2
(B) 5
(C) \frac{100}{21}
(D) \frac{110}{20}
(E) \frac{9}{4}

Question Discussion & Explanation
Correct Answer - C - (click and drag your mouse to see the answer)

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Verbal (CR)

In the next four years, the number of doctors, nurses, and other health care workers will increase significantly worldwide. Even so, the average compensation received by such professional will not decline but rather is likely to increase. This is due, at least partly, to the fact that the median age of the world’s population will increase steadily in this same period of time.

The argument above depends logically upon which of the following assumptions?

(A) The increase in the number of health care workers will be responsible for the increase in the average life span
(B) The compensation of doctors and physical therapists who treat the elderly will increase more than that of other health care workers
(C) As a group, older people receive more attention from health care workers than do younger people.
(D) Geriatrics, a branch of medicine focusing on the health problems of older people, is the most expensive element of American health care.
(E) Increase in the median age of the population will occur in all regions of the world.

Question Discussion & Explanation
Correct Answer - C - (click and drag your mouse to see the answer)

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