prernamalhotra wrote:
The attached table shows the cancellation fee schedule that a travel agency uses to determine the fee charged to a tourist who cancels a trip prior to departure. If a tourist cancelled a trip with package of $1,700 and a departure date of Sept 4, on what day was the trip cancelled?
1) The cancellation fee was $595
2) If the trip had been cancelled a day later, the cancellation fee would have been $ 255 more.
Thank you,
Prerna
Statement 1:
Since a fee of $595 was assessed on a $1700 package, the cancellation percentage = 595/1700 * 100 = 35%.
According to the table, the cancellation fee is 35% if the trip is cancelled 31-45 days prior to departure.
No way to determine the exact day on which the trip was cancelled.
INSUFFICIENT.
Statement 2:
Since an increase of $255 is assessed on a $1700 package, the percent increase in the fee = 255/1700 * 100 = 15%.
Case 1: The trip was cancelled 31 days prior to departure
According to the table, if the trip is cancelled 1 day later -- in other words, 30 days prior to departure -- the fee increases from 35% to 50%.
Case 2: The trip was cancelled 16 days prior to departure
According to the table, if the trip is cancelled 1 day later -- in other words, 15 days prior to departure -- the fee increases from 50% to 65%.
Either case will yield a 15% increase in the fee.
Since it's possible that the trip was cancelled either 31 days prior to departure or 16 days prior to departure, INSUFFICIENT.
Statements combined:
Only Case 1 satisfies the departure range required by Statement 1 (31-45 days prior to departure).
Thus, the trip was cancelled 31 days prior to the September 4 departure date.
SUFFICIENT.
The correct answer is
C.
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