A certain university recently published its financial data for the

Question

https://gmatclub.com/forum/download/file.php?mode=view&id=60453 A certain university recently published its financial data for the most recent football season. The chart is based on revenue earned per game during the eight games played at the university’s home stadium. Sponsorship income is received for the entire season and prorated across the eight game schedule. If sponsorship income were removed, broadcast fees would be approximately GRAPH_1_PLACEHOLDER of total revenue. If revenue from broadcast fees were to double, it would then be GRAPH_2_PLACEHOLDER of total revenue. The Last question based on this stem can be found here. 7.jpg

rocky620 · Answer

Let the total revenue be 100.

1.1 If sponsorship income were removed, broadcast fees would be approximately _________ of total revenue.

Sponsorship income = 13
Broadcast fees = 20
Revenue after removing Sponsorship income = 87

\frac{Broadcast Fees}{New Revenue}  =  \frac{20}{87}  = .2299 ~ .2300  ~ 23%.

A. 20%
  B. 23%  
C. 27%
D. 35%

1.2 If revenue from broadcast fees were to double, it would then be ____________ of total revenue.

Broadcast fees = 20,
New Revenue after doubling Broadcast fees = 100+20

\frac{Broadcast Fees}{New Revenue}  =  \frac{40}{120}  = .3333  ~ 33% .

A. 30%
  B. 33%  
C. 40%
D. 45%

1.3 Revenue from concessions is approximately ____________ greater than revenue from merchandise.

Revenue from concessions = 10
Revenue from merchandise = 7

\frac{Revenue from concessions-Revenue from merchandise}{Revenue from merchandise}  =  \frac{3}{7}  = .4285  ~ 42% .

A. 3%
B. 15%
  C. 42%  
D. 50%

Sajjad1994 · Answer

Official Explanation

B. If sponsorship income were removed, then the 20% that is currently broadcast fees would be taken out of the new total of 87%. Since this is a little under 1/4, the only plausible answer choice is 23%.

B. If broadcast fees were to double, they'd go from 20% (out of 100) to a ratio of 40 out of 120 (remember that the entire pool would increase by +20, too), which is 1/3.

C. 10% is 3 greater than 7%, and 3/7 is just under 1/2 so the only plausible answer is 42%.

Answer: B, B, and C

varad98 · Answer

Lets consider in dollar terms
Ticket revenue- 50$
Sponsorship- 13%
Concession-10$
Merchandise- 7$
Broadcast Fees- 20$

Hence, Total Revenue- 100$

Now, If broadcast fee doubles, then it will be 40$
So total revenue will become-
Ticket revenue- 50$
Sponsorship- 13%
Concession-10$
Merchandise- 7$
Broadcast Fee- 40$

Total Revenue is 120$

Hence Broadcast Fee/Total Revenue is 33%

anu12345678765 · Answer

Hi, 
Can someone help me understand this question.

Very basic but is still confusing me a lot

Bunuel · Answer

First Dropdown (Sponsorship Removed):

Total revenue without sponsorship: 100% - 13% = 87%.
 
Broadcast fees are 20%, but now they are out of the remaining 87%.
 
So, broadcast fees would then be 20%/87% * 100 ≈ 23% of the total revenue.

Second Dropdown (Broadcast Fees Doubled):

The new broadcast fee amount is 20% + 20% = 40%.
 
Total revenue would increase to 100% + 20% = 120%.
 
Broadcast fees as a percentage of the new total revenue = 40%/120% ≈ 33%.

A certain university recently published its financial data for the

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