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• ### Typical Day of a UCLA MBA Student - Recording of Webinar with UCLA Adcom and Student

December 14, 2018

December 14, 2018

10:00 PM PST

11:00 PM PST

Carolyn and Brett - nicely explained what is the typical day of a UCLA student. I am posting below recording of the webinar for those who could't attend this session.
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### Show Tags

16 Jul 2018, 20:03
00:00

Difficulty:

15% (low)

Question Stats:

86% (01:09) correct 14% (01:50) wrong based on 43 sessions

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Movie theater X charges $6 per ticket, and each movie showing costs the theatre$1,750. How many people need to see a movie so that the theater makes $1 of profit per customer? (A) 300 (B) 325 (C) 350 (D) 375 (E) 400 _________________ Senior Manager Joined: 18 Jun 2018 Posts: 252 Re: Movie theater X charges$6 per ticket, and each movie showing costs th  [#permalink]

### Show Tags

16 Jul 2018, 21:57
OA:C
Let the number of people who need to see a movie so that the theater makes $$1$$ of profit per customer be $$x$$.
$$Revenue = Cost + Profit$$
$$6x=1750+1x$$
$$5x=1750$$
$$x= \frac{1750}{5}=350$$
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Re: Movie theater X charges $6 per ticket, and each movie showing costs th [#permalink] ### Show Tags 16 Jul 2018, 22:59 Bunuel wrote: Movie theater X charges$6 per ticket, and each movie showing costs the theatre $1,750. How many people need to see a movie so that the theater makes$1 of profit per customer?

(A) 300
(B) 325
(C) 350
(D) 375
(E) 400

Total Ticket charges= #of watcher * Unit ticket charges
Profit=#of watcher*per unit profit.

Let #of watcher be k.

So, Total Ticket charges- Profit=1750 (Since total showing cost is fixed)
Or, 6k-k=1750
Or, k=350

Ans. (C)
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### Show Tags

17 Jul 2018, 05:28
Bunuel wrote:
Movie theater X charges $6 per ticket, and each movie showing costs the theatre$1,750. How many people need to see a movie so that the theater makes $1 of profit per customer? (A) 300 (B) 325 (C) 350 (D) 375 (E) 400 Let the number of customer be x. NOTE: profit per head is given. Selling price per head =$6

Cost per head = 1750 / x

sp - cp = profit

6 - 1750/x = 1 ( profit per head )

6x - 1750 = x

5x = 1750

x = 350.

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Re: Movie theater X charges $6 per ticket, and each movie showing costs th [#permalink] ### Show Tags 17 Jul 2018, 05:52 Bunuel wrote: Movie theater X charges$6 per ticket, and each movie showing costs the theatre $1,750. How many people need to see a movie so that the theater makes$1 of profit per customer?

(A) 300
(B) 325
(C) 350
(D) 375
(E) 400

$$SP = CP + Profit$$

Or, $$6n = 1750 + n$$ (Let n = No of visitors)

So, $$5n = 1750$$

Or, $$n = 350$$ , Answer must be (C)
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Re: Movie theater X charges $6 per ticket, and each movie showing costs th [#permalink] ### Show Tags 19 Jul 2018, 16:18 Bunuel wrote: Movie theater X charges$6 per ticket, and each movie showing costs the theatre $1,750. How many people need to see a movie so that the theater makes$1 of profit per customer?

(A) 300
(B) 325
(C) 350
(D) 375
(E) 400

We can let x = the number of customers and create the following equation:

6x - 1,750 = 1x

5x = 1,750

x = 350

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Re: Movie theater X charges $6 per ticket, and each movie showing costs th [#permalink] ### Show Tags 03 Aug 2018, 04:18 Bunuel wrote: Movie theater X charges$6 per ticket, and each movie showing costs the theatre $1,750. How many people need to see a movie so that the theater makes$1 of profit per customer?

(A) 300
(B) 325
(C) 350
(D) 375
(E) 400

We can also try answer choices:

Questions ask for $1 profit per person, so lets start with A: Selling price of ticket =$6

Customer = 300

Revenue = 300 * 6 = 1800

Profit = Revenue - Cost = 1800 - 1750 = $50 Profit per customer = 50/300 =$ 0.166 ---- Out

Try answer choice C = 350

Revenue = 350*6 = $2100 Profit = 2100 - 1750 =$ 350

Profit per person = 350/ 350 = $1/per person (C) _________________ "Do not watch clock; Do what it does. KEEP GOING." Re: Movie theater X charges$6 per ticket, and each movie showing costs th &nbs [#permalink] 03 Aug 2018, 04:18
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