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# A swim club that sold only individual and family memberships charged $SORT BY: Tags: Show Tags Hide Tags Math Expert Joined: 02 Sep 2009 Posts: 94940 Own Kudos [?]: 649514 [19] Given Kudos: 86938 Most Helpful Reply Intern Joined: 27 Nov 2014 Posts: 4 Own Kudos [?]: 7 [5] Given Kudos: 118 General Discussion Intern Joined: 14 Dec 2014 Posts: 46 Own Kudos [?]: 102 [1] Given Kudos: 14 Location: India Concentration: Technology, Finance GPA: 3.87 WE:Programming (Computer Software) Intern Joined: 13 Sep 2014 Status:Amat Victoria Curam Posts: 22 Own Kudos [?]: 40 [1] Given Kudos: 4 Location: India Re: A swim club that sold only individual and family memberships charged$ [#permalink]
1
Kudos

Statement 1. - Let the revenue generated from individuals be i, Therefore that generated from families is f = 480,000 - i
The statement says that 480,000 - i = 3i, solving for i we can get the values of i & f.
This however does not provide us with the value of the charge for a family membership.
Hence insufficient.
Statement 2. - This statement too is insufficient as it gives us the numbers of the subscriptions as a proportion and not the exact values.

When combined, we can deduce the exact charge for a family membership.

Hence C

Originally posted by omegacube on 18 Dec 2014, 22:13.
Last edited by omegacube on 19 Dec 2014, 19:07, edited 1 time in total.
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Re: A swim club that sold only individual and family memberships charged $[#permalink] 2 Kudos Solution: Statement 1: The revenue from individual memberships was 1/4 of the total revenue from memberships Revenue from selling individual memberships = 480,000 / 4 = 120,000 Revenue from selling family membership = 480,000 - 120,000 = 360,000 - Insufficient to find the selling price of family membership Statement 2: The club sold 1.5 times as many family member- ships as individual memberships We don't know the total memberships sold or individual membership sold - Insufficient to find the selling price of family membership Combining statement 1 and 2: Number of individual membership sold = 120,000 / 300 = 400 Number of family membership sold = 1.5 * 400 = 600 Charge for family membership = 360,000 / 600 Thus Statement A & B together are sufficient, Answer C LBS Moderator Joined: 25 Apr 2020 Posts: 138 Own Kudos [?]: 130 [0] Given Kudos: 99 Location: India Re: A swim club that sold only individual and family memberships charged$ [#permalink]
Bunuel wrote:

Tough and Tricky questions: Word Problems.

A swim club that sold only individual and family memberships charged $300 for an individual membership. If the club’s total revenue from memberships was$480,000, what was the charge for a family membership ?

(1) The revenue from individual memberships was 1/4 of the total revenue from memberships.
(2) The club sold 1.5 times as many family member- ships as individual memberships.

Kudos for a correct solution.

The answer is C. Solution is in the attached picture
Attachments

WhatsApp Image 2022-06-26 at 11.32.53 AM.jpeg [ 133.41 KiB | Viewed 4519 times ]

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Re: A swim club that sold only individual and family memberships charged $[#permalink] Hello from the GMAT Club BumpBot! Thanks to another GMAT Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos). Want to see all other topics I dig out? Follow me (click follow button on profile). You will receive a summary of all topics I bump in your profile area as well as via email. Re: A swim club that sold only individual and family memberships charged$ [#permalink]
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