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# The net proceeds increase as the number of tickets sold increases. Did

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Math Expert
Joined: 02 Sep 2009
Posts: 52118
The net proceeds increase as the number of tickets sold increases. Did  [#permalink]

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20 Apr 2018, 05:27
1
00:00

Difficulty:

35% (medium)

Question Stats:

79% (01:12) correct 21% (01:14) wrong based on 34 sessions

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The net proceeds increase as the number of tickets sold increases. Did the net proceeds exceed \$80,000 on 7,600 tickets sold?

(1) The net proceeds exceeded \$40,000 on 4,000 tickets sold.
(2) The net proceeds exceeded \$100,000 on \$7,000 tickets sold.

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Posts: 867
Re: The net proceeds increase as the number of tickets sold increases. Did  [#permalink]

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20 Apr 2018, 05:36
Bunuel wrote:
The net proceeds increase as the number of tickets sold increases. Did the net proceeds exceed \$80,000 on 7,600 tickets sold?

(1) The net proceeds exceeded \$40,000 on 4,000 tickets sold.
(2) The net proceeds exceeded \$100,000 on \$7,000 tickets sold.

As we're asked about a something that looks like a range (it has 'exceeds' = 'greater than'), we'll look at the extremes.
This is a Logical approach.

(1) So 4,000 tickets gave more than \$40,000. We don't know if all the tickets have the same price or not so have no idea how much money 7,600 tickets netted. Could be \$41,000 and could be \$100,000.
Insufficient.

(2) Since more tickets means more money than more than 7,000 tickets means more than \$100,000, so definitely more than \$80,000.
Sufficient!

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Re: The net proceeds increase as the number of tickets sold increases. Did &nbs [#permalink] 20 Apr 2018, 05:36
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