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

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Manager
Joined: 03 Jul 2016
Posts: 76
Re: Box office receipts for independent movies for the first half of this  [#permalink]

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12 Jun 2017, 17:45
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.
Manager
Joined: 27 Jun 2015
Posts: 62
WE: Information Technology (Computer Software)
Re: Box office receipts for independent movies for the first half of this  [#permalink]

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26 Jul 2017, 18:41
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?
Manager
Joined: 02 Mar 2017
Posts: 74
GMAT 1: 700 Q51 V34
Re: Box office receipts for independent movies for the first half of this  [#permalink]

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01 Aug 2017, 00:57
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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Joined: 14 Nov 2016
Posts: 1324
Location: Malaysia
Box office receipts for independent movies for the first half of this  [#permalink]

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21 Oct 2017, 06:13
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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Joined: 15 Apr 2018
Posts: 15
Re: Box office receipts for independent movies for the first half of this  [#permalink]

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17 Jul 2018, 05:22
souvik101990 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 revenues of 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.

Spoiler: :: OE
The text tells us that the revenues for independent movies for the first have 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.

How about below scenario :

let # of receipt last year be 900 and that of this yr be 1000.
let # of people last year be 90 and that of this year be 1000.

now average for last yr = 900/90 = 10
average for this yr = 1000/1000 = 1.
this shows a condition where option D is false.
Re: Box office receipts for independent movies for the first half of this &nbs [#permalink] 17 Jul 2018, 05:22

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

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