GMAT Question of the Day - Daily to your Mailbox; hard ones only

 It is currently 16 Jan 2019, 06:21

### GMAT Club Daily Prep

#### Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

## Events & Promotions

###### Events & Promotions in January
PrevNext
SuMoTuWeThFrSa
303112345
6789101112
13141516171819
20212223242526
272829303112
Open Detailed Calendar
• ### The winning strategy for a high GRE score

January 17, 2019

January 17, 2019

08:00 AM PST

09:00 AM PST

Learn the winning strategy for a high GRE score — what do people who reach a high score do differently? We're going to share insights, tips and strategies from data we've collected from over 50,000 students who used examPAL.
• ### Free GMAT Strategy Webinar

January 19, 2019

January 19, 2019

07:00 AM PST

09:00 AM PST

Aiming to score 760+? Attend this FREE session to learn how to Define your GMAT Strategy, Create your Study Plan and Master the Core Skills to excel on the GMAT.

# Tickets went on sale for a 120,000 person concert and 30% of the total

 new topic post reply Question banks Downloads My Bookmarks Reviews Important topics
Author Message
TAGS:

### Hide Tags

Math Expert
Joined: 02 Sep 2009
Posts: 52152
Tickets went on sale for a 120,000 person concert and 30% of the total  [#permalink]

### Show Tags

31 Dec 2017, 07:27
00:00

Difficulty:

(N/A)

Question Stats:

89% (01:46) correct 11% (01:02) wrong based on 13 sessions

### HideShow timer Statistics

Tickets went on sale for a 120,000 person concert and 30% of the total revenue was allocated to charity. If the price of each ticket was \$10, and the charitable revenue was \$360,000, how many tickets were unsold?

A. None
B. 1000
C 1200
D. 2500
E. 3250

_________________
e-GMAT Representative
Joined: 04 Jan 2015
Posts: 2438
Re: Tickets went on sale for a 120,000 person concert and 30% of the total  [#permalink]

### Show Tags

31 Dec 2017, 07:35
Bunuel wrote:
Tickets went on sale for a 120,000 person concert and 30% of the total revenue was allocated to charity. If the price of each ticket was \$10, and the charitable revenue was \$360,000, how many tickets were unsold?

A. None
B. 1000
C 1200
D. 2500
E. 3250

30% of the total revenue is given as \$360,000

Therefore, 100% of the revenue would be = \$120,0000

Thus, total tickets sold = 120,0000/Price of one ticket = 120,0000/10 = 120,000

Therefore, we can conclude that none of the tickets went unsold. The correct answer should be Option A.
_________________

Number Properties | Algebra |Quant Workshop

Success Stories
Guillermo's Success Story | Carrie's Success Story

Ace GMAT quant
Articles and Question to reach Q51 | Question of the week

Number Properties – Even Odd | LCM GCD | Statistics-1 | Statistics-2 | Remainders-1 | Remainders-2
Word Problems – Percentage 1 | Percentage 2 | Time and Work 1 | Time and Work 2 | Time, Speed and Distance 1 | Time, Speed and Distance 2
Advanced Topics- Permutation and Combination 1 | Permutation and Combination 2 | Permutation and Combination 3 | Probability
Geometry- Triangles 1 | Triangles 2 | Triangles 3 | Common Mistakes in Geometry
Algebra- Wavy line | Inequalities

Practice Questions
Number Properties 1 | Number Properties 2 | Algebra 1 | Geometry | Prime Numbers | Absolute value equations | Sets

| '4 out of Top 5' Instructors on gmatclub | 70 point improvement guarantee | www.e-gmat.com

examPAL Representative
Joined: 07 Dec 2017
Posts: 867
Re: Tickets went on sale for a 120,000 person concert and 30% of the total  [#permalink]

### Show Tags

31 Dec 2017, 13:31
Bunuel wrote:
Tickets went on sale for a 120,000 person concert and 30% of the total revenue was allocated to charity. If the price of each ticket was \$10, and the charitable revenue was \$360,000, how many tickets were unsold?

A. None
B. 1000
C 1200
D. 2500
E. 3250

Before calculating, we'll estimate the answer to get a feel for the question.
This is an Alternative approach.

Let's say all the tickets were sold. That comes to 120,000*10 = \$1,200,000.
If 30% of that went to charity then a total of \$1,200,000*30% = \$360,000 went to charity.
That's exactly what we're looking for! Therefore all tickets were sold.
Usually estimation can help us zoom in on the answer but in this case it solved the question.
(A) is our answer.
_________________
Re: Tickets went on sale for a 120,000 person concert and 30% of the total &nbs [#permalink] 31 Dec 2017, 13:31
Display posts from previous: Sort by

# Tickets went on sale for a 120,000 person concert and 30% of the total

 new topic post reply Question banks Downloads My Bookmarks Reviews Important topics

 Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.