It is currently 20 Nov 2017, 01:13

### 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 June
Open Detailed Calendar

# What was the revenue that a theater received from the sale of 400 tick

Author Message
Manager
Joined: 09 Jun 2010
Posts: 71

Kudos [?]: 27 [0], given: 17

What was the revenue that a theater received from the sale of 400 tick [#permalink]

### Show Tags

28 Jul 2010, 07:48
00:00

Difficulty:

55% (hard)

Question Stats:

70% (00:39) correct 30% (00:53) wrong based on 23 sessions

### HideShow timer Statistics

What was the revenue that a theater received from the sale of 400 tickets, some of which were sold at the full price and the remainder of which were sold at a reduced price?

(1) The number of tickets sold at the full price was 1/4 of the total number of tickets sold.
(2) The full price of a ticket was \$25.

OPEN DISCUSSION OF THIS QUESTION IS HERE: https://gmatclub.com/forum/what-was-the ... 44132.html
[Reveal] Spoiler: OA

Kudos [?]: 27 [0], given: 17

Manager
Joined: 11 Feb 2008
Posts: 89

Kudos [?]: 51 [0], given: 2

Re: What was the revenue that a theater received from the sale of 400 tick [#permalink]

### Show Tags

28 Jul 2010, 08:21
Revenue = T * C
Total tickets(T) = 400
C - cost per ticket
T = F(full) + R(reduced)

stmt1
full price tkt=300
reduced price tkt=100

insuff as we do not know the price

stmt2
we know the price of full ticket
but we do not know how many tickets r sold as F and T

insuff

combined
not suff..since we do not know the price of reduced ticket

E
_________________

-------------------------------------------------------------------------------------------
Amar
http://amarnaik.wordpress.com

Kudos [?]: 51 [0], given: 2

Senior Manager
Joined: 25 Feb 2010
Posts: 448

Kudos [?]: 112 [0], given: 10

Re: What was the revenue that a theater received from the sale of 400 tick [#permalink]

### Show Tags

28 Jul 2010, 14:25
E

none of the statements, tell us about the price of both tickets.
_________________

GGG (Gym / GMAT / Girl) -- Be Serious

Its your duty to post OA afterwards; some one must be waiting for that...

Kudos [?]: 112 [0], given: 10

Manager
Joined: 20 Mar 2010
Posts: 83

Kudos [?]: 110 [0], given: 1

Re: What was the revenue that a theater received from the sale of 400 tick [#permalink]

### Show Tags

28 Jul 2010, 18:05
xmagedo wrote:
what was the revenue that a theater received from the sale of 400 tickets, some of which were sold at the full price and the reminder of which were sold at reduced price ?

1 The number of tickets sold at the full price was 1/4 of the total number of tickets sold.

2 The full price of a ticket was \$25.

thanks

We need to know the no of tickets sold at full price/reduced price ,full price and reduced price to answer the question
Statement 1 gives only the no of tickets sold at full price/reduced price and not the other two. So not sufficient
Statement 2 gives only the full price information and not the other two. So not sufficient.

After combining 1 and 2 we still don't have the reduced price. So not sufficient .Answer E
_________________

___________________________________
Please give me kudos if you like my post

Kudos [?]: 110 [0], given: 1

Math Expert
Joined: 02 Sep 2009
Posts: 42260

Kudos [?]: 132744 [0], given: 12371

Re: What was the revenue that a theater received from the sale of 400 tick [#permalink]

### Show Tags

14 Aug 2017, 01:53
What was the revenue that a theater received from the sale of 400 tickets, some of which were sold at the full price and the remainder of which were sold at a reduced price?

To answer the question we should know:
(i) The number of tickets sold at a regular price;
(ii) The number of tickets sold at a reduced price;
(iii) The price of a regular ticket;
(iiii) The price of a reduced ticket;

(1) The number of tickets sold at the full price was 1/4 of the total number of tickets sold. 100 tickets were sold at a regular price and 300 tickets were sold at a reduced price. We know (i) and (ii) only. Not sufficient.

(2) The full price of a ticket was \$25. We know only (iii). Not sufficient.

(1)+(2) We know (i), (ii) and (iii) , but we still don't know the price of a reduced ticket. Not sufficient.

OPEN DISCUSSION OF THIS QUESTION IS HERE: https://gmatclub.com/forum/what-was-the ... 44132.html
_________________

Kudos [?]: 132744 [0], given: 12371

Re: What was the revenue that a theater received from the sale of 400 tick   [#permalink] 14 Aug 2017, 01:53
Display posts from previous: Sort by