Events & Promotions
|
|
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
Track
Your Progress
Practice
Pays
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Apr 2512:30 AM EDT
-01:30 AM EDT
At one point, she believed GMAT wasn’t for her. After scoring 595, self-doubt crept in and she questioned her potential. But instead of quitting, she made the right strategic changes. The result? A remarkable comeback to 695. Check out how Saakshi did it.
Apr 2610:00 AM EDT
-11:00 AM EDT
The Target Test Prep course represents a quantum leap forward in GMAT preparation, a radical reinterpretation of the way that students should study. Try before you buy with a 5-day, full-access trial of the course for FREE!
Apr 2711:00 AM EDT
-12:00 PM EDT
Prefer video-based learning? The Target Test Prep OnDemand course is a one-of-a-kind video masterclass featuring 400 hours of lecture-style teaching by Scott Woodbury-Stewart, founder of Target Test Prep and one of the most accomplished GMAT instructors
Apr 2808:00 AM PDT
-11:00 AM PDT
Whether you are just beginning your MBA journey or fine-tuning your path to a 700+ score, GMAT Day is designed to give you a competitive edge.
GMAT695
Joined: 12 Jul 2023
Last visit: 19 Dec 2025
Posts: 544
Given Kudos: 243
Location: India
Concentration: Entrepreneurship, Finance
Schools: Stern '27 Fuqua '27 Columbia '27
GMAT Focus 1: 535 Q77 V78 DI74 
GMAT Focus 2: 575 Q83 V74 DI78
GMAT Focus 3: 635 Q87 V81 DI76
GMAT 1: 420 Q31 V17
GPA: 7.37
WE:Business Development (Finance)
01 Oct 2024, 02:20
Kudos
Bookmarks
A
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
65%
(hard)
Question Stats:
66% (02:24) correct
34%
(02:28)
wrong
based on 688
sessions
History
Date
Time
Result
Not Attempted Yet
At a history museum, the price of each regular admission ticket sold last Sunday was 30 percent less than the price of each regular admission ticket sold last Saturday. If the museum’s total revenue from the sale of regular admission tickets last Saturday and Sunday was $6,150, what was its revenue from the sale of regular admission tickets last Saturday alone?
(1) The number of regular admission tickets sold by the museum last Sunday was 50 percent greater than the number of regular admission tickets sold by the museum last Saturday.
(2) The price of each regular admission ticket sold by the museum last Saturday was $10.
GMAT-Club-Forum-v1qjuzq6.png [ 124.09 KiB | Viewed 3501 times ]
(1) The number of regular admission tickets sold by the museum last Sunday was 50 percent greater than the number of regular admission tickets sold by the museum last Saturday.
(2) The price of each regular admission ticket sold by the museum last Saturday was $10.
Attachment:
GMAT-Club-Forum-v1qjuzq6.png [ 124.09 KiB | Viewed 3501 times ]
Question exposed a gap?
Take sectional Adaptive Quant, Verbal, or DI tests on GMAT Club and review the detailed score report.
Get started →
24 Nov 2024, 02:06
Kudos
Bookmarks
Jake7Wimmer
At a history museum, the price of each regular admission ticket sold last Sunday was 30 percent less than the price of each regular admission ticket sold last Saturday. If the museum’s total revenue from the sale of regular admission tickets last Saturday and Sunday was $6,150, what was its revenue from the sale of regular admission tickets last Saturday alone?
Assuming the price on Saturday was p, the price on Sunday would be 0.7p. If m tickets were sold on Saturday and n tickets were sold on Sunday, we are given:
pm + 0.7pn = 6,150.
Notice that we need to find the value of pm.
(1) The number of regular admission tickets sold by the museum last Sunday was 50 percent greater than the number of regular admission tickets sold by the museum last Saturday.
This implies n = 1.5m. Substituting this into the equation gives: pm + 0.7p * 1.5m = 6,150, which simplifies to (pm) + 1.05(pm) = 6,150. Solving for pm gives pm = 3,000. Sufficient.
(2) The price of each regular admission ticket sold by the museum last Saturday was $10.
This implies p = 10. However, this alone does not provide information about the number of tickets sold (m) and is therefore insufficient to determine pm.
Answer: A
General Discussion
02 Oct 2024, 02:18
Kudos
Bookmarks
I have a very messy variable intensive approach to solve this but since no one has given a solution, I thought I'd share mine.
"the price of each regular admission ticket sold last Sunday was 30 percent less than the price of each regular admission ticket sold last Saturday"
Let us assume that the price on Saturday was 'x'. This makes the price on Sunday '0.7x'
We need to find the revenue (Sales*Price)
Let us assume the number of tickets sold on Saturday as 'b' and Sunday as 'a'
Statement - 1
This statement basically tells that if the number of tickets sold on Saturday is 'b' then the number of tickets sold on Sunday would be '1.5b'
If we form an equation, it would look something like:
(0.7x)1.5b + xb = 6150
1.05xb + xb = 6150
2.05xb = 6150
This a point where I did get stuck because it got a bit messy and there were two unknowns. But if you take into account what we have to find, it all makes sense. Revenue (sales*price) is represented by 'xb' in our case. If you find for 'xb', you will get $3,000 as the answer. This exactly what the question asks.
Statement - 2
This seems like the easier statement to work with but without knowledge of the number of tickets sold, we hit a roadblock. If the price is $10 on Saturday, the price is $7 on Sunday. Even if we form an equation, we are stuck with 7a+10b = 6150.
Therefore, we can easily conclude that option A is the correct answer.
"the price of each regular admission ticket sold last Sunday was 30 percent less than the price of each regular admission ticket sold last Saturday"
Let us assume that the price on Saturday was 'x'. This makes the price on Sunday '0.7x'
We need to find the revenue (Sales*Price)
Let us assume the number of tickets sold on Saturday as 'b' and Sunday as 'a'
Statement - 1
This statement basically tells that if the number of tickets sold on Saturday is 'b' then the number of tickets sold on Sunday would be '1.5b'
If we form an equation, it would look something like:
(0.7x)1.5b + xb = 6150
1.05xb + xb = 6150
2.05xb = 6150
This a point where I did get stuck because it got a bit messy and there were two unknowns. But if you take into account what we have to find, it all makes sense. Revenue (sales*price) is represented by 'xb' in our case. If you find for 'xb', you will get $3,000 as the answer. This exactly what the question asks.
Statement - 2
This seems like the easier statement to work with but without knowledge of the number of tickets sold, we hit a roadblock. If the price is $10 on Saturday, the price is $7 on Sunday. Even if we form an equation, we are stuck with 7a+10b = 6150.
Therefore, we can easily conclude that option A is the correct answer.
