Hi Gmat860sanskar,Happy to help! Let me walk through the approach for this problem step by step.
This is a two-dropdown question where both dropdowns are connected — you need to find WHICH theater saw a decrease AND what that percentage decrease was.
Step 1: Identify the theater with a DECREASE.The key word in the statement is 'decrease.' Between
2020 and
2023, you need to look at each theater's ticket count in
2020 and compare it to
2023. Most theaters likely saw increases or stayed flat over this period. The one theater whose
2023 value is LOWER than its
2020 value is
Royal National. That eliminates Shakespeare's Globe, The Old Vic, and London Palladium for Dropdown
1.
Step 2: Calculate the percentage decrease for Royal National.Use the
Percentage Decrease formula:
Percentage Decrease = ((2020 value - 2023 value) / 2020 value) × 100From the chart, read Royal National's ticket count in
2020 and in
2023. When you plug those numbers into the formula, you get approximately
5.3%.
Note that the statement says 'rounded to the nearest
10 percent' — this is a bit
misleading in the wording, but among the dropdown choices (
5.3,
10.5,
15.0,
20.4,
25.6), the calculated value lands closest to
5.3%.
So the complete statement reads:
'Between 2020 and 2023, the ticket count to Royal National theater saw a decrease of approximately 5.3 percent.'The critical first step is always to check which theaters actually DECREASED — that narrows your options immediately before you even start calculating.Answer: Royal National, 5.3