People who register for business conference and then cancel

Question

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 Hi, this is an unusual type of question.

Bunuel · Answer

https://gmatclub.com/forum/download/file.php?id=21987 
 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.

Bunuel · Answer

Similar questions to practice: the-table-above-shows-the-cancellation-fee-schedule-that-a-101923.html the-table-above-shows-the-fees-that-must-be-paid-to-a-car-re-149940.html a-health-club-charges-an-annual-10-renewal-fee-for-all-memb-160900.html if-the-length-of-amanda-s-membership-was-rounded-up-to-the-161390.html Hope this helps.

ShardulPendharkar · Answer

here is how I approached this question:
Days prior to Conference Cancellation Fees
5 or more 0$
4 20$
3 600$
2 1000$
1 2000$

Clearly the executive cancelled on 3rd day because if she would have cancelled on 4th day then her cancellation fees would have been 1000$ which is 400$ more than cancellation fee on day 3

Why is A not the correct answer?

newyork2012 · Answer

it could be 4 days also = 200 dollars cancellation fee ...one day later (3 days) would be 600 dollars which is 400 dollars higher than 200

hamxamansoor · Answer

Statement 2 says it must be less than 1/3 of 2000= 666.66

Statement 1 says It would have increased by 400 had she cancelled a day later, i.e 0, 200 or 600 dollars.

the only scenario both work is if she cancels with 4 days to go. Only then can the cancellation fee be below 600 and still have the differential of 400.

Shouldn't the Answer be C?

Shobhit7 · Answer

Registration Fee: 2000
Cancellation Fee:
If Cancelled 5 days before or more: 0
If Cancelled 4 days before: 200
If Cancelled 3 days before: 600
If Cancelled 2 days before: 1000
If Cancelled 1 days before: 2000

(1) If she had cancelled one day later, her cancellation fee would have been higher by $400:
Difference between Day 4 and Day 3 is 400
Also, Difference between Day 3 and Day 2 is 400
Therefore, cancellation was done either of day 3 or day 4.
Inconclusive.

(2) The cancellation fee was less than one-third of the registration fee.
Cancellation fee is less than 667.
Insufficient.

(1)+(2) Both Day 3 (600) and Day 4 (200) are less than 667. 
Insufficient.

Ans E

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People who register for business conference and then cancel

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People who register for business conference and then cancel

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