Given:
No. of songs = 3 times No. of Podcasts.
Question:
Was revenue from songs more than revenue from podcast?
Thinking:
Revenue=No. of items* Price per item.
We just have to say a definitive yes or no. We dont actually have to figureout the exact revenue. just a yes or no would do.
So we can also say
Song played* price per song>Podcast streamed*price per podcast
We know songs played were more than podcasts.
But what if this difference is cover by price per podcast?
or price per podcast is less than price per song which means revenue from podcast is definitely less than from songs.
Statement 1: The average (arithmetic mean) revenue earned per podcast stream on the platform yesterday was 12 cents more than the average revenue earned per song stream on the platform yesterday.
this means
Price of Podcast= Price of song+12
Lets see the calculations
Case 1: 3 songs 1 podcast and price pf song=1 and price of podcast will be 13
So, 3*1=3 and 13*1=13 so revenue from podcast>revenue from song
Case 2: 3 songs and 1 podcast and price of song=10 and podcast will be 22
so, 3*10=30 and 22*1=22 (Revenue from podcast<Revenue from song)
Statement 1 not sufficient alone.Statement 2: Yesterday, the average revenue per stream, calculated across both songs and podcasts, exceeded 20 cents.Average revenue per stream exceed 20 cents but we dont know how much is generated by song or podcast so this statement also is not sufficient alone.
Statement 2 not sufficient alone.Together:Revenue per podcast=Revenue per song+12
Avg of both is minimum 20 cents.
So lets assume Revenue per song as 7 and revenue per podcast will be 7+12=19
So if this is the case revenue from songs is 7*3=21 and revenue from podcast will be 19*1=19 so revenue from song>revenue from podcast.
If revenue is 10 for song then for podcast it will be 22
Here also revenue from podcast<revenue from songs.
So hence the answer will be a
definitive noHence both together are sufficient.So we can say
Bunuel
Yesterday, on an audio streaming platform, the number of songs streamed was thrice the number of podcasts streamed. Yesterday, was the platform’s revenue from song streams greater than its revenue from podcast streams?
(1) The average (arithmetic mean) revenue earned per podcast stream on the platform yesterday was 12 cents more than the average revenue earned per song stream on the platform yesterday.
(2) Yesterday, the average revenue per stream, calculated across both songs and podcasts, exceeded 20 cents.