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nandish
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PostPosted: Fri Sep 28, 2007 9:56 am    Post subject: from gmat CD Reply with quote

Each person attending a fund raising party for a certain club was charged the same admission fee.How many people attended the party?

1:- If the admission fee had been $0.75 less & 100 more people had attended,the club would have received the same amount in admission fees.

2:- If the admission fee had been $1.50 more & 100 fewer people had attended,the club would have received the same amount in admission fees..

Can anyone plss explain in brief....
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mschling52
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PostPosted: Fri Sep 28, 2007 10:34 am    Post subject: Reply with quote

I think this one is C - both combined are sufficient.

We are dealing with 2 unknown variables (number of people (n), and the admission fee (f)). Note the total revenue generated will be T = n*f.

(1) gives us T = nf = (n+100)(f-0.75). Expanding the right side, we get

nf = nf -0.75n + 100f - 75
0.75n = 100f -75

This is an equation with 2 unknowns, which we can't solve for n.

(2) is similar. It gives us T = nf = (n-100)(f+1.50). Expanding gives us

nf = nf +1.50n -100f -150
-1.50n = -100f - 150

Again this is an equation with 2 unknowns.

However, if we combine (1) and (2), we get 2 linear equations for the 2 unknowns, so we should be able to solve for each variable. Adding the equation from (2) to the equation from (1) gives us

(0.75n = 100f - 75)
+(-1.50n = -100f -150)
= -0.75n = -225

This we can solve for n=300. Then, plugging n=300 back into one of the original equations gives us f=3.
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nandish
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PostPosted: Fri Sep 28, 2007 10:53 am    Post subject: Reply with quote

yes u are right..answer is C..
Thanks a lot
...
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