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Updated on: 12 Jan 2014, 17:32
Originally posted by goodyear2013 on 12 Jan 2014, 09:10.
Last edited by Bunuel on 12 Jan 2014, 17:32, edited 1 time in total.
Last edited by Bunuel on 12 Jan 2014, 17:32, edited 1 time in total.
Edited the question.
Kudos
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E
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
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Question Stats:
45% (02:03) correct
55%
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File comment: Table
Table.png [ 24.23 KiB | Viewed 6238 times ]
People who register for a business conference and then cancel their registrations are subject to cancellation fees based on how far in advance they cancel, as shown in the table above. A certain executive who paid $2,000 to register for the conference was forced to cancel her registration and was charged a cancellation fee. How many days before the conference did she cancel her registration?Table.png [ 24.23 KiB | Viewed 6238 times ]
(1) If she had cancelled one day later, her cancellation fee would have been higher by $400.
(2) The cancellation fee was less than one-third of the registration fee.
OE
(1): Does not give info about executive’s refund
How much more executive cancellation fee would be if she cancelled one day earlier.
Won’t be able a distinct value for refund, but, using table to help, we would be able to find out what percent of $2000 is $400 and then compare that to table.
If that % is 10% or 50%, we should be able to find sufficiency. If it is 20%, our statement will be insufficient.
Since $400 = 20% of $2000, we know that executive must have cancelled on day 3 or 4.
No single value
Insufficient
(2): Table shows executive must have received refund on day 3 or 4. No other info.
Insufficient
Combined: (1) & (2) give same info
Insufficient
How much more executive cancellation fee would be if she cancelled one day earlier.
Won’t be able a distinct value for refund, but, using table to help, we would be able to find out what percent of $2000 is $400 and then compare that to table.
If that % is 10% or 50%, we should be able to find sufficiency. If it is 20%, our statement will be insufficient.
Since $400 = 20% of $2000, we know that executive must have cancelled on day 3 or 4.
No single value
Insufficient
(2): Table shows executive must have received refund on day 3 or 4. No other info.
Insufficient
Combined: (1) & (2) give same info
Insufficient
Hi, this is an unusual type of question.
12 Jan 2014, 17:44
Kudos
Bookmarks
goodyear2013
Attachment:
Table.png
People who register for a business conference and then cancel their registrations are subject to cancellation fees based on how far in advance they cancel, as shown in the table above. A certain executive who paid $2,000 to register for the conference was forced to cancel her registration and was charged a cancellation fee. How many days before the conference did she cancel her registration?(1) If she had cancelled one day later, her cancellation fee would have been higher by $400.
(2) The cancellation fee was less than one-third of the registration fee.
OE
(1): Does not give info about executive’s refund
How much more executive cancellation fee would be if she cancelled one day earlier.
Won’t be able a distinct value for refund, but, using table to help, we would be able to find out what percent of $2000 is $400 and then compare that to table.
If that % is 10% or 50%, we should be able to find sufficiency. If it is 20%, our statement will be insufficient.
Since $400 = 20% of $2000, we know that executive must have cancelled on day 3 or 4.
No single value
Insufficient
(2): Table shows executive must have received refund on day 3 or 4. No other info.
Insufficient
Combined: (1) & (2) give same info
Insufficient
How much more executive cancellation fee would be if she cancelled one day earlier.
Won’t be able a distinct value for refund, but, using table to help, we would be able to find out what percent of $2000 is $400 and then compare that to table.
If that % is 10% or 50%, we should be able to find sufficiency. If it is 20%, our statement will be insufficient.
Since $400 = 20% of $2000, we know that executive must have cancelled on day 3 or 4.
No single value
Insufficient
(2): Table shows executive must have received refund on day 3 or 4. No other info.
Insufficient
Combined: (1) & (2) give same info
Insufficient
Hi, this is an unusual type of question.
People who register for a business conference and then cancel their registrations are subject to cancellation fees based on how far in advance they cancel, as shown in the table above. A certain executive who paid $2,000 to register for the conference was forced to cancel her registration and was charged a cancellation fee. How many days before the conference did she cancel her registration?
(1) If she had cancelled one day later, her cancellation fee would have been higher by $400.
$400 is 20% of $2,000. Thus the registration was canceled 4 or 3 days before the conference (20% increment is from 4th to 3rd day and from 3rd to 2nd day). Not sufficient.
(2) The cancellation fee was less than one-third of the registration fee --> the cancellation fee was less than 33% --> the registration was canceled 5 or more, 4 or 3 days before the conference. Not sufficient.
(1)+(2) Still two possible answers: the registration was canceled 4 or 3 days before the conference. Not sufficient.
Answer: E.
12 Jan 2014, 17:45
Kudos
Bookmarks
Bunuel
goodyear2013
Attachment:
Table.png
People who register for a business conference and then cancel their registrations are subject to cancellation fees based on how far in advance they cancel, as shown in the table above. A certain executive who paid $2,000 to register for the conference was forced to cancel her registration and was charged a cancellation fee. How many days before the conference did she cancel her registration?(1) If she had cancelled one day later, her cancellation fee would have been higher by $400.
(2) The cancellation fee was less than one-third of the registration fee.
OE
(1): Does not give info about executive’s refund
How much more executive cancellation fee would be if she cancelled one day earlier.
Won’t be able a distinct value for refund, but, using table to help, we would be able to find out what percent of $2000 is $400 and then compare that to table.
If that % is 10% or 50%, we should be able to find sufficiency. If it is 20%, our statement will be insufficient.
Since $400 = 20% of $2000, we know that executive must have cancelled on day 3 or 4.
No single value
Insufficient
(2): Table shows executive must have received refund on day 3 or 4. No other info.
Insufficient
Combined: (1) & (2) give same info
Insufficient
How much more executive cancellation fee would be if she cancelled one day earlier.
Won’t be able a distinct value for refund, but, using table to help, we would be able to find out what percent of $2000 is $400 and then compare that to table.
If that % is 10% or 50%, we should be able to find sufficiency. If it is 20%, our statement will be insufficient.
Since $400 = 20% of $2000, we know that executive must have cancelled on day 3 or 4.
No single value
Insufficient
(2): Table shows executive must have received refund on day 3 or 4. No other info.
Insufficient
Combined: (1) & (2) give same info
Insufficient
Hi, this is an unusual type of question.
People who register for a business conference and then cancel their registrations are subject to cancellation fees based on how far in advance they cancel, as shown in the table above. A certain executive who paid $2,000 to register for the conference was forced to cancel her registration and was charged a cancellation fee. How many days before the conference did she cancel her registration?
(1) If she had cancelled one day later, her cancellation fee would have been higher by $400.
$400 is 20% of $2,000. Thus the registration was canceled 4 or 3 days before the conference (20% increment is from 4th to 3rd day and from 3rd to 2nd day). Not sufficient.
(2) The cancellation fee was less than one-third of the registration fee --> the cancellation fee was less than 33% --> the registration was canceled 5 or more, 4 or 3 days before the conference. Not sufficient.
(1)+(2) Still two possible answers: the registration was canceled 4 or 3 days before the conference. Not sufficient.
Answer: E.
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Hope this helps.
