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Box office receipts

Expert replies

by ROCKYBALBOA » Tue Jun 07, 2011 11:57 pm
Hi,
The answer choice E says that the number of people watching the independent movies in the first of this year is more than number of people who watched the same in whole of last year. This automatically means a greater revenue. Hence, my doubt is why can't E be correct.

However, I also thought that E may not be correct because it makes us to assume that the ticket cost this year is either same or higher. Since, E does not clarify the things in details hence it may not be correct.

Some one please help me know if I am thinking on the correct lines.
TIA :)
Arun Taneja
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by sandeep800 » Wed Jun 08, 2011 1:22 am
IMO D
A body of clay, a mind full of play, a moment's life - that is me!!!
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by sameerballani » Thu Jun 09, 2011 9:14 am
In the below post - bold part is the original question. And in blue color the wrong approach i took.
cans wrote:
sameerballani wrote:
GMATGuruNY wrote:
sameerballani wrote:Hi Mitch,
I know its absurd, but still can you tell what should be the best answer in case box office receipts is the number of movie released.
Thanks
If receipts meant the number of movies, then the passage would be contradicting itself.
The number of movies released last year was 50.
The number of movies released during the first half of this year was 20.
Clearly, the 20 movies released so far this year is not 20% greater than the 50 movies released last year.
Box office receipts for independent movies for the first half of this year have increased by 20 percent over the total receipts for independent movies for all of last year.

Let total receipt last year = x = 50
Increased receipt in first half of this year = 1.2x =60


Last year, 50 independent movies were released, while so far this year only 20 independent movies have been released.

till now 20 movies have been released in the first half of the year and 40 more are expected. considering calculation above.

The number of independent movies slated for release in the second half of this year is roughly equal to the number released so far.

The number of movies to be release in second half this year = 20
total number of movies released last year = 50
this year= 20+40+20=80


Please tell me where i am going wrong.
Thanks
in first half 20 movies are released. and 50 in last year. how did you get 40 more are expected this half year???????
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by Stuart@KaplanGMAT » Mon Jun 13, 2011 10:27 am
Hi,

"box office receipts" always refers to revenue (at least in North American colloquial English, which is what the GMAT uses). As Mitch points out, if it referred to the number of movies then the stimulus is self-contradictory, which can never happen on inference questions.
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by ranjithreddy.k9 » Mon Jun 13, 2011 6:37 pm
cans wrote:
sameerballani wrote:
cans wrote:last yr 50 movies
This year 20 in first half and around 20 in other half
last year receipts = x
this half year = 1.2x (20% increase)
a)can't predict receipts for next half
b) roughly equal and not exactly
c) irrelevant
d) correct
IMO D
Hey, first of all for talking about revenue we also need the cost of each ticket which is missing in this case. Also option D says The average revenues of the independent films released during the first half of this year is greater than that of all independent films released last year.

But as per your calculations above independent films released during the first half of this year = 20
and all independent films released last year = 50. Then how D can be true??
D) says average revenues. (revenue per movie)
let total revenue last year=x
this half year=1.2x
avg revenue last yr = x/50 = 2x/100
avg revenue this half year=1.2x/20 =6x/100
clearly 6x/100 > 2x/100
Could you please tell me what is wrong with E ?..and how is box office receipts = revenue
and it is now where given that last year's ticket price = this years ticket price
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