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Box office receipts for independent movies for the first half of this

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Re: Box office receipts for independent movies for the first half of this [#permalink]

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New post 12 Jun 2017, 18:45
kooks123 wrote:
What I am not understanding is that when the revenue from the first half of this year is already 20% greater than the total revenue of the last year, then why the total revenue generated this year is not greater than 20% of all of the last year's total revenue. According to me, even if the second half of this year doesn't make any profit, the total revenue of this year is still more than last year revenue. Please throw some light on this. Experts.




Experts, can someone answer this? Even I have the same doubt.
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Re: Box office receipts for independent movies for the first half of this [#permalink]

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New post 26 Jul 2017, 19:41
sasyaharry wrote:
Box office receipts for independent movies for the first half of this year have increased by 20 percent over the total receipts for independent movies for all of last year. Last year, 50 independent movies were released, while so far this year only 20 independent movies have been released. The number of independent movies slated for release in the second half of this year is roughly equal to the number released so far.

If the statements above are true, which of the following must be true?

A) The total box office receipts for independent movies this year will be significantly more than 20 percent greater than the receipts for independent movies last year.
B) The number of independent movies released in the first half of this year is equal to the number released in the first half of last year.
C) The price of a movie ticket has not increased since last year.
D) The average receipts for the independent films released during the first half of this year is greater than that of all independent films released last year.
E) The number of people seeing independent movies during the first half of this year is greater than the number who saw independent movies last year.


How can one be sure average receipts of this year will be greater than those of last year?
If, suppose, no. of movies released during the first half of this year is way greater than whole of last year, then avg receipt of this year will be lower than last year.
Could you please explain this?
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Re: Box office receipts for independent movies for the first half of this [#permalink]

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New post 01 Aug 2017, 01:57
4d wrote:
Can anybody explain why A is wrong



Because we dont know whether the next 20 movies lined up for the year will be able to generate a single penny or not.
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Box office receipts for independent movies for the first half of this [#permalink]

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New post 21 Oct 2017, 07:13
nitzz wrote:
Box office receipts for independent movies for the first half of this year have increased by 20 percent over the total receipts for independent movies for all of last year. Last year, 50 independent movies were released, while so far this year only 20 independent movies have been released. The number of independent movies slated for release in the second half of this year is roughly equal to the number released so far.

If the statements above are true, which of the following must be true?

(A) The total box office receipts for independent movies this year will be significantly more than 20 percent greater than the receipts for independent movies last year.

(B) The number of independent movies released in the first half of this year is equal to the number released in the first half of last year.

(C) The price of a movie ticket has not increased since last year.

(D) The average receipts for the independent films released during the first half of this year is greater than that of all independent films released last year.

(E) The number of people seeing independent movies during the first half of this year is greater than the number who saw independent movies last year.


Argo

OFFICIAL EXPLANATION


The text tells us that the revenues for independent movies for the first half of this year are already greater than the total revenues for independent movies for all of last year. We are then asked to draw a conclusion based on that information.

(A) There is no way to predict box-office receipts for the year.

(B) There is no way to know how many movies were released in the first half of last year.

(C) We cannot infer that the price of a movie ticket has not increased.

(D) CORRECT. The average revenue per film = total revenues ÷ number of films.

Revenues: We are told that the revenues for independent movies for the first half of this year (say $1000) are already greater than the total revenues for all of last year (say $999).

Number of Films: We know that more independent movies were released last year (say 10) than in the first half of this year (say 9).

We can clearly see that the average revenues per film for independent movies in the first half of this year ($1000 ÷ 9) are greater than the average revenues for all independent movies released last year ($999 ÷ 10).

(E) We cannot infer that more people have seen movies in the first half of this year, even though revenues are higher. It could be, for example, that the same number of people saw movies but ticket prices have risen sharply.
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Box office receipts for independent movies for the first half of this   [#permalink] 21 Oct 2017, 07:13

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