For a recent play performance, the ticket prices were $25 per adult and $15 per child. A
total of 500 tickets were sold for the performance. How many of the tickets sold were for
adults?
(1) Revenue from ticket sales for this performance totaled $10,500.
(2) The average (arithmetic mean) price per ticket sold was $21.
Play performance
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Let A = the number of adult tickets and C = the number of children's tickets.hjafferi wrote:For a recent play performance, the ticket prices were $25 per adult and $15 per child. A
total of 500 tickets were sold for the performance. How many of the tickets sold were for
adults?
(1) Revenue from ticket sales for this performance totaled $10,500.
(2) The average (arithmetic mean) price per ticket sold was $21.
Since 500 tickets are sold, we get:
A + C = 500.
Total revenue = 25A + 15C.
Statement 1: Revenue from ticket sales for this performance totaled $10,500.
Thus:
25A + 15C = 10,500.
Since we have two variables and two distinct linear equations (A+C = 500 and 25A + 15C = 10,500), we can solve for each variable.
SUFFICIENT.
Statement 2: The average (arithmetic mean) price per ticket sold was $21.
Thus:
Total revenue = (number of tickets)(average price) = 500*21 = 10,500.
Same information as that given in statement 1.
SUFFICIENT.
The correct answer is D.
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Followed here and elsewhere by over 1900 test-takers.
I have worked with students based in the US, Australia, Taiwan, China, Tajikistan, Kuwait, Saudi Arabia -- a long list of countries.
My students have been admitted to HBS, CBS, Tuck, Yale, Stern, Fuqua -- a long list of top programs.
As a tutor, I don't simply teach you how I would approach problems.
I unlock the best way for YOU to solve problems.
For more information, please email me (Mitch Hunt) at [email protected].
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