Events & Promotions
|
|
GMAT Club Daily Prep
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
Track
Your Progress
Practice
Pays
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Apr 2808:00 AM PDT
-11:00 AM PDT
Whether you are just beginning your MBA journey or fine-tuning your path to a 700+ score, GMAT Day is designed to give you a competitive edge.
08 Apr 2025, 09:22
Kudos
Bookmarks
Food & Setup Cost: $604
Entertainment Cost: $550
Lisa is planning her New Year’s Eve party and needs to budget for decorations, food, and drinks. She also wants to hire entertainment for her guests. Here's what she knows:
• Decorations and Lighting: She plans to decorate 3 rooms. Decorations cost $35 per room, and special lighting adds an additional $8 per room.
• Food: Appetizers cost $3 per guest, and main courses cost $10 per guest. She expects 20 guests, and 25% of them will each bring one additional guest.
• Drinks: Drinks are sold in cases of 12 bottles for $30 per case. Each guest is expected to drink an average of 2 bottles. Lisa wants to buy enough for all guests, plus 10% extra bottles.
• Entertainment: A live band charges $300 for the first hour and $125 for each additional hour. Lisa wants them to play for 3 hours in total.
Based on the above information, select for Food & Setup Cost the total amount Lisa will spend on decorations and lighting, food, and drinks and select for Entertainment Cost the total amount she will spend on the band.
• Decorations and Lighting: She plans to decorate 3 rooms. Decorations cost $35 per room, and special lighting adds an additional $8 per room.
• Food: Appetizers cost $3 per guest, and main courses cost $10 per guest. She expects 20 guests, and 25% of them will each bring one additional guest.
• Drinks: Drinks are sold in cases of 12 bottles for $30 per case. Each guest is expected to drink an average of 2 bottles. Lisa wants to buy enough for all guests, plus 10% extra bottles.
• Entertainment: A live band charges $300 for the first hour and $125 for each additional hour. Lisa wants them to play for 3 hours in total.
Based on the above information, select for Food & Setup Cost the total amount Lisa will spend on decorations and lighting, food, and drinks and select for Entertainment Cost the total amount she will spend on the band.
| Food & Setup Cost | Entertainment Cost | |
| $508 | ||
| $537 | ||
| $550 | ||
| $586 | ||
| $595 | ||
| $604 |
ShowHide Answer
Official Answer
Food & Setup Cost: $604
Entertainment Cost: $550
08 Apr 2025, 09:22
Kudos
Bookmarks
Official Solution:
Food & Setup Cost
Lisa expects 20 guests. 25 percent will bring one additional guest each. That adds 5 more guests, for a total of 25.
• Decorations: Each room costs 35 for decorations and 8 for lighting. For 3 rooms, the total cost is (35 + 8) * 3 = 129.
• Food: Appetizers cost 3 per guest and main courses cost 10 per guest. With 25 guests, the total food cost is (3 + 10) * 25 = 325.
• Drinks: Each guest is expected to drink 2 bottles. For 25 guests, that's 25 * 2 = 50 bottles. Adding 10 percent extra gives 55 bottles. Since bottles are sold in cases of 12, Lisa needs to buy 5 cases. Each case costs 30, so the total drink cost is 5 * 30 = 150.
Food and setup total is 129 + 325 + 150 = 604.
Entertainment Cost
Entertainment costs 300 for the first hour and 125 for each of the next two hours. Total is 300 + 2 * 125 = 550.
Correct answer:
Food & Setup Cost "$604"
Entertainment Cost "$550"
Bunuel
Food & Setup Cost
Lisa expects 20 guests. 25 percent will bring one additional guest each. That adds 5 more guests, for a total of 25.
• Decorations: Each room costs 35 for decorations and 8 for lighting. For 3 rooms, the total cost is (35 + 8) * 3 = 129.
• Food: Appetizers cost 3 per guest and main courses cost 10 per guest. With 25 guests, the total food cost is (3 + 10) * 25 = 325.
• Drinks: Each guest is expected to drink 2 bottles. For 25 guests, that's 25 * 2 = 50 bottles. Adding 10 percent extra gives 55 bottles. Since bottles are sold in cases of 12, Lisa needs to buy 5 cases. Each case costs 30, so the total drink cost is 5 * 30 = 150.
Food and setup total is 129 + 325 + 150 = 604.
Entertainment Cost
Entertainment costs 300 for the first hour and 125 for each of the next two hours. Total is 300 + 2 * 125 = 550.
Correct answer:
Food & Setup Cost "$604"
Entertainment Cost "$550"
18 Mar 2026, 03:08
Kudos
Bookmarks
For this problem they say " Lisa wants to buy enough for all guests, plus 10% extra bottles." However as per OA if we include the case based sell off then it wont be just 10% wouldnt that contradict the statement? I considered 55 bottles as it is and thus landed with 595 as the closest answer.
Bunuel
