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Concert Ticket

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Concert Ticket

by harsh.champ » Fri Feb 19, 2010 2:13 pm
Every pupil in a school was given one ticket for a concert. The school was charged a total of $6000 for these tickets, all of which were of equal value. What was the price of one ticket?

1. If the price of each ticket had been one dollar less, the total cost would have been 1,200 less.
2. If the price of each ticket had been $2 more, the total bill would have increased by 40%
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by Amiman » Fri Feb 19, 2010 2:43 pm
ans : D
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by pierce22884 » Fri Feb 19, 2010 4:40 pm
Amiman wrote:ans : D
is there a formula to use on these? Or what are you considering when you look at this type of problem?

I have a similar problem that requires the same analysis.

If the total price of n equally priced shares of a certain stock was $12,000, what was the price per share of the stock?

1) If the price per share of the stock had been $1 more, the total price of the n shares would have been $300 more.

2) If the price per share of the stock had been $2 less, the total price of the n shares would be been 5 percent less.



Any help would be greatly appreciated...[/u]
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by shashank.ism » Sun Feb 21, 2010 4:47 am
harsh.champ wrote:Every pupil in a school was given one ticket for a concert. The school was charged a total of $6000 for these tickets, all of which were of equal value. What was the price of one ticket?

1. If the price of each ticket had been one dollar less, the total cost would have been 1,200 less.
2. If the price of each ticket had been $2 more, the total bill would have increased by 40%

total charged = $6000
St.1 ) since on reducing the price by 1$ the total cost reduces by 1200$ so no. of pupil = 1200 ===suff.
St.2) 40% of 6000 = 2400 for each ticket if it increase by 2$
so total no. of pupil = 2400/12 = 1200 === suff.
Ans D
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