How much revenue did a concert venue receive from the sale of 1500 tickets, some of which were sold at a discounted price?
(1) The number of tickets sold at the discounted price was 20% of the total number of tickets sold.
(2) The full price for a ticket was twice that of the discounted price.
OA E
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How much revenue did a concert venue receive from the sale of 1500 tickets, some of which were sold at a discounted
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Statements combined:BTGmoderatorDC wrote: ↑Sat Aug 08, 2020 5:02 pmHow much revenue did a concert venue receive from the sale of 1500 tickets, some of which were sold at a discounted price?
(1) The number of tickets sold at the discounted price was 20% of the total number of tickets sold.
(2) The full price for a ticket was twice that of the discounted price.
Since the price of a discounted ticket can be virtually any nonnegative value, the amount of revenue yielded by the 1500 tickets cannot be determined.
The correct answer is E.
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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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