Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized for You

we will pick new questions that match your level based on your Timer History

Track Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

It appears that you are browsing the GMAT Club forum unregistered!

Signing up is free, quick, and confidential.
Join other 500,000 members and get the full benefits of GMAT Club

Registration gives you:

Tests

Take 11 tests and quizzes from GMAT Club and leading GMAT prep companies such as Manhattan GMAT,
Knewton, and others. All are free for GMAT Club members.

Applicant Stats

View detailed applicant stats such as GPA, GMAT score, work experience, location, application
status, and more

Books/Downloads

Download thousands of study notes,
question collections, GMAT Club’s
Grammar and Math books.
All are free!

Thank you for using the timer!
We noticed you are actually not timing your practice. Click the START button first next time you use the timer.
There are many benefits to timing your practice, including:

Box office receipts for independent movies for the first [#permalink]

Show Tags

20 Oct 2012, 09:40

2

This post received KUDOS

12

This post was BOOKMARKED

00:00

A

B

C

D

E

Difficulty:

75% (hard)

Question Stats:

55% (01:28) correct
45% (01:28) wrong based on 964 sessions

HideShow timer Statistics

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.

Re: Box office receipts for independent movies for the [#permalink]

Show Tags

20 Oct 2012, 13:32

2

This post received KUDOS

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. Not necessarily. If every movie that is going to be released this year bombs badly and generates no receipts the difference wont be significantly higher than 20%.

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. Not necessarily. What if all the movies last year were released in the second half.

C) The price of a movie ticket has not increased since last year. This might infact be even the opposite of what is implied by the passage and is also out of scope.

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. 50 movies were released last year. Lets say box office receipts was 100$, Average is 2$. 20 movies released this year. 20% increase in box office receipts. So 120$. Average is 6$. Answer

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.

Not necessarily. Ticket prices could have been hiked and hence the reason for increased receipts. _________________

Did you find this post helpful?... Please let me know through the Kudos button.

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

Show Tags

13 Dec 2012, 05:20

2

This post received KUDOS

1

This post was BOOKMARKED

I narrowed it down to D and E Eliminated E as it says number of persons this year is more than last years ....may or may not be true because if a person likes the movies he will watch again hence the receipt will increase but not the number of different people who watched. though different is not mentioned but i assumed so.

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

Show Tags

13 Dec 2012, 07:51

I also thought the same as Archit did... I narrowed down my answer to D and E... Increase in the number of reciepts might be due to people watching those muvies again n again...so statement E is of 'could be true' type....and hence winner ir D all the way...

Posted from my mobile device _________________

Don't give up on yourself ever. Period. Beat it, no one wants to be defeated (My journey from 570 to 690): http://gmatclub.com/forum/beat-it-no-one-wants-to-be-defeated-journey-570-to-149968.html

Re: Box office receipts for independent movies for the [#permalink]

Show Tags

13 Dec 2012, 10:11

MacFauz wrote:

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. Not necessarily. If every movie that is going to be released this year bombs badly and generates no receipts the difference wont be significantly higher than 20%.

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. Not necessarily. What if all the movies last year were released in the second half.

C) The price of a movie ticket has not increased since last year. This might infact be even the opposite of what is implied by the passage and is also out of scope.

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. 50 movies were released last year. Lets say box office receipts was 100$, Average is 2$. 20 movies released this year. 20% increase in box office receipts. So 120$. Average is 6$. Answer

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.

Not necessarily. Ticket prices could have been hiked and hence the reason for increased receipts.

Can you help me in understanding an argument? How to approach inference question? I always get confuse after seeing too much of fact.
_________________

Re: Box office receipts for independent movies for the [#permalink]

Show Tags

13 Dec 2012, 10:29

Aristocrat wrote:

MacFauz wrote:

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. Not necessarily. If every movie that is going to be released this year bombs badly and generates no receipts the difference wont be significantly higher than 20%.

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. Not necessarily. What if all the movies last year were released in the second half.

C) The price of a movie ticket has not increased since last year. This might infact be even the opposite of what is implied by the passage and is also out of scope.

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. 50 movies were released last year. Lets say box office receipts was 100$, Average is 2$. 20 movies released this year. 20% increase in box office receipts. So 120$. Average is 6$. Answer

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.

Not necessarily. Ticket prices could have been hiked and hence the reason for increased receipts.

Can you help me in understanding an argument? How to approach inference question? I always get confuse after seeing too much of fact.

This one is not a typical inference question. It can be called an inference and numbers and percents question. For these types of questions, I find it helpful to break the facts given point by point and based on these facts we can check each answer choice.. Generally on inference questions I like to pick the mildest statement first and check if it is true based on the argument and more often than not, the mildest statement would be the right one. This question in particular can be approached as how one would approach a quant problem.. That is an easier way when lots of numbers and ratios are involved in the argument.
_________________

Did you find this post helpful?... Please let me know through the Kudos button.

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. Not necessarily. If every movie that is going to be released this year bombs badly and generates no receipts the difference wont be significantly higher than 20%.

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. Not necessarily. What if all the movies last year were released in the second half.

C) The price of a movie ticket has not increased since last year. This might infact be even the opposite of what is implied by the passage and is also out of scope.

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. 50 movies were released last year. Lets say box office receipts was 100$, Average is 2$. 20 movies released this year. 20% increase in box office receipts. So 120$. Average is 6$. Answer

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.

Not necessarily. Ticket prices could have been hiked and hence the reason for increased receipts.

Can you help me in understanding an argument? How to approach inference question? I always get confuse after seeing too much of fact.

Hi,

This is a question that goes slightly beyond the norms of a normal inference question.

Similar questions are asked in the two-part section of IR. We had recently posted a similar question, along with a detailed approach to such questions.

Box office receipts for independent movies for the first [#permalink]

Show Tags

15 Jul 2013, 03:46

1

This post received KUDOS

13

This post was BOOKMARKED

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.

Last edited by broall on 12 Jun 2017, 22:05, edited 2 times in total.

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

Show Tags

15 Jul 2013, 04:00

1

This post received KUDOS

arichinna 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?

1. 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 2. 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. 3. The price of a movie ticket has not increased since last year. 4. 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. 5. 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.

hi,

let say :

total movies released last year(TMRLY)=50(given) total receipts last year(TRLY)=50(assuming)

average receipt per movie= 50/50=1

now according to question total movies released this year= 20(given)==>uptil first half of the year total receipts this year= 20percent more than TRLY=50+10=60

average receipt permovie=60/20=3

therefore last year for every movie there is 1 receipt and this year for every movie there is 3 receipt

hence clearly average revenue generated will be more this year than last year.

same is stated in option D

4. 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.==>CORRECT

JUST you have to understand that more the receipt more the revenue...

hope it helps
_________________

When you want to succeed as bad as you want to breathe ...then you will be successfull....

GIVE VALUE TO OFFICIAL QUESTIONS...

GMAT RCs VOCABULARY LIST: http://gmatclub.com/forum/vocabulary-list-for-gmat-reading-comprehension-155228.html learn AWA writing techniques while watching video : http://www.gmatprepnow.com/module/gmat-analytical-writing-assessment : http://www.youtube.com/watch?v=APt9ITygGss

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

Show Tags

15 Jul 2013, 04:28

Thank you Shailesh for the reply. I did a similar analysis like you did but I had come across one query which made me post this question.

In the answer choice 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", there is an implicit underlying assumption.

Revenue is a function of price and quantity. This choice assumes that the price is the same as compared to last year. No where in the question, it talks about price of the receipt being the same.

There is also one answer choice which talks about price (though that choice is wrong).

As per your calculation, even if the average receipt per movie increased to 3 in the first half of the present year, this choice will not hold true if the price had come down to one-third or less than that of what it was last year.

I might be wrong or missed out on a logical link but if you have any suggestions/comments, it would help.

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

Show Tags

15 Jul 2013, 04:52

2

This post received KUDOS

arichinna wrote:

Thank you Shailesh for the reply. I did a similar analysis like you did but I had come across one query which made me post this question.

In the answer choice 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", there is an implicit underlying assumption.

Revenue is a function of price and quantity. This choice assumes that the price is the same as compared to last year. No where in the question, it talks about price of the receipt being the same.

There is also one answer choice which talks about price (though that choice is wrong).

As per your calculation, even if the average receipt per movie increased to 3 in the first half of the present year, this choice will not hold true if the price had come down to one-third or less than that of what it was last year.

I might be wrong or missed out on a logical link but if you have any suggestions/comments, it would help.

Thanks, Ari

Hi ARI, thats logical..you are thinking absolutely right....but actually the problem is understanding the meaning of RECEIPTS.

when the word "receipts" is used in this sort of context, it refers to the total revenue generated by the movies. in other words, this use of "receipts" is exactly the same as "gross revenue".===>It is not like ticket ....that will add up to give whole revenue.

if i say 50 receipts....means total revenue was 50

you can google out for the meaning of RECEIPTS.

NOW 50 dollar is revenue for last year.. and 60 dollar is for this year...

hope i made it clear.
_________________

When you want to succeed as bad as you want to breathe ...then you will be successfull....

GIVE VALUE TO OFFICIAL QUESTIONS...

GMAT RCs VOCABULARY LIST: http://gmatclub.com/forum/vocabulary-list-for-gmat-reading-comprehension-155228.html learn AWA writing techniques while watching video : http://www.gmatprepnow.com/module/gmat-analytical-writing-assessment : http://www.youtube.com/watch?v=APt9ITygGss

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

Show Tags

19 Oct 2013, 02:09

5

This post received KUDOS

2

This post was BOOKMARKED

ANALYZE THE STIMULUS:

Fact: 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. Fact: Last year, 50 independent movies were released, while so far this year only 20 independent movies have been released. Fact: The number of independent movies slated for release in the second half of this year is roughly equal to the number released so far.

Question: If the statements above are true, which of the following must be true? <== This is MUST BE TRUE question, so NO "new" information accepted.

ANALYZE EACH ANSWER:

1. 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 Wrong. TEMPTING. We just know data of the FIRST half of this year. What if total receipt in the first half is more than 20%, but will decrease significantly in the second half? ==> We can't say total receipts this year will be significantly 20% greater than that of last year. A can't be answer.

2. 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. Wrong. Absolutely wrong, we don't know how many films were released in the first half of last year.

3. The price of a movie ticket has not increased since last year. Wrong. Nothing about the price. Out of scope.

4. 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. Correct.Assume prices do not change significantly. In the first half, total receipts is 20% more than that of total last year. But the number of film released is fewer (20 vs. 50) ==> Clearly, average revenue of each film in the first half of this year is greater than that of film released last year.

5. 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. Wrong. Nothing about number of people. Out of scope.

Hope it helps
_________________

Please +1 KUDO if my post helps. Thank you.

"Designing cars consumes you; it has a hold on your spirit which is incredibly powerful. It's not something you can do part time, you have do it with all your heart and soul or you're going to get it wrong."

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

Show Tags

31 Jan 2015, 12:28

Hello from the GMAT Club VerbalBot!

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.

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.

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.

Re: Inference Revision: Box office receipts for independent movies [#permalink]

Show Tags

15 Feb 2015, 08:27

1

This post was BOOKMARKED

KS15 wrote:

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.

D for me

Hey,

It cannot be D since we cannot predict the revenue here as you don't know if the price of the receipts have been kept same or increased or decreased. Here the author talks about increased number of receipts which can only point to higher number of viewers. So it should be E.

Version 8.1 of the WordPress for Android app is now available, with some great enhancements to publishing: background media uploading. Adding images to a post or page? Now...

Post today is short and sweet for my MBA batchmates! We survived Foundations term, and tomorrow's the start of our Term 1! I'm sharing my pre-MBA notes...

“Keep your head down, and work hard. Don’t attract any attention. You should be grateful to be here.” Why do we keep quiet? Being an immigrant is a constant...