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People who register for business conference and then cancel
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Updated on: 12 Jan 2014, 17:32
Question Stats:
40% (02:00) correct 60% (02:09) wrong based on 168 sessions
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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 onethird 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.
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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.
Edited the question.



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Re: People who register for business conference and then cancel
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12 Jan 2014, 17:44
goodyear2013 wrote: 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 onethird 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. 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 onethird 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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Re: People who register for business conference and then cancel
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12 Jan 2014, 17:45
Bunuel wrote: goodyear2013 wrote: 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 onethird 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. 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 $2,000. Thus the registration was canceled 4 or 3 days before the conference (20% increment is from 4th to 3rd day and from 3rd to 2nd day). Not sufficient. (2) The cancellation fee was less than onethird of the registration fee > the cancellation fee was less than 33% > the registration was canceled 5 or more, 4 or 3 days before the conference. Not sufficient. (1)+(2) Still two possible answers: the registration was canceled 4 or 3 days before the conference. Not sufficient. Answer: E. Similar questions to practice: thetableaboveshowsthecancellationfeeschedulethata101923.htmlthetableaboveshowsthefeesthatmustbepaidtoacarre149940.htmlahealthclubchargesanannual10renewalfeeforallmemb160900.htmlifthelengthofamandasmembershipwasroundeduptothe161390.htmlHope this helps.
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Re: People who register for business conference and then cancel
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19 Oct 2018, 17:41
here is how I approached this question: Days prior to Conference Cancellation Fees 5 or more 0$ 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?



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Re: People who register for business conference and then cancel
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19 Oct 2018, 22:57
ShardulPendharkar wrote: 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? 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



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Re: People who register for business conference and then cancel
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27 Dec 2018, 00:00
goodyear2013 wrote: 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 onethird 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. 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?



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Re: People who register for business conference and then cancel
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24 Apr 2019, 08:19
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 onethird 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




Re: People who register for business conference and then cancel
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24 Apr 2019, 08:19






