A certain theater has $100$ balcony seats. For every $\$2$ increase in the price of a balcony seat above $\$10,5$

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Gmat_mission: Legendary Member; Posts: 1622; Joined: Thu Mar 01, 2018 7:22 am; Followed by:2 members

A certain theater has $100$ balcony seats. For every $\$2$ increase in the price of a balcony seat above $\$10,5$

by Gmat_mission » Wed Mar 24, 2021 7:46 am

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A certain theater has $100$ balcony seats. For every $\$2$ increase in the price of a balcony seat above $\$10,5$ fewer seats will be sold. If all the balcony seats are sold when the price of each seat is $\$10,$ which of the following could be the price of a balcony seat if the revenue from the sale of balcony seats is $\$1,360?$

A. $\$12$
B. $\$14$
C. $\$16$
D. $\$17$
E. $\$18$

Answer: C

Source: GMAT Paper Tests