GMAT Official Guide 2019 The table shows a summary

This topic has expert replies
Moderator
Posts: 7187
Joined: Thu Sep 07, 2017 4:43 pm
Followed by:23 members

Timer

00:00

Your Answer

A

B

C

D

E

Global Stats

Image

The table shows a summary of the ticket sales from four performances of a certain play. What is the difference between the maximum and the minimum ticket-sale revenue from a single performance?

A. $4,000

B. $5,100

C. $6,200

D. $7,000

E. $9,600

GMAT/MBA Expert

User avatar
Elite Legendary Member
Posts: 10392
Joined: Sun Jun 23, 2013 6:38 pm
Location: Palo Alto, CA
Thanked: 2867 times
Followed by:511 members
GMAT Score:800

by [email protected] » Thu Jun 28, 2018 11:36 am
Hi All,

We're told that the table shows a summary of the ticket sales from four performances of a certain play. We're asked for the DIFFERENCE between the MAXIMUM and the MINIMUM ticket-sale revenue from a single performance. This question comes down to a little analysis of the given data and a bit of Arithmetic.

Since there are only 4 'entries' in the table, it wouldn't be too difficult to calculate the revenue from each of the 4 shows. However, not all of that work is necessary.

The MAXIMUM revenue is clearly from Saturday Night (most expensive price and largest number of tickets).... ($50)(300) = $15,000 in revenue.
The MINIMUM revenue is clearly from Thursday Night (least expensive price and smallest number of tickets).... ($40)(200) = $8,000 in revenue.
Thus, the difference is $15,000 - $8,000 = $7,000

Final Answer: D

GMAT assassins aren't born, they're made,
Rich
Contact Rich at [email protected]
Image

GMAT/MBA Expert

User avatar
GMAT Instructor
Posts: 1462
Joined: Thu Apr 09, 2015 9:34 am
Location: New York, NY
Thanked: 39 times
Followed by:22 members

by Jeff@TargetTestPrep » Mon Jul 02, 2018 8:48 am
BTGmoderatorDC wrote:Image

The table shows a summary of the ticket sales from four performances of a certain play. What is the difference between the maximum and the minimum ticket-sale revenue from a single performance?

A. $4,000

B. $5,100

C. $6,200

D. $7,000

E. $9,600
The maximum revenue was 50 x 300 = $15,000.

The minimum revenue was 40 x 200 = $8,000.

So the difference is 15,000 - 8,000 = $7,000.

Answer: D

Jeffrey Miller
Head of GMAT Instruction
[email protected]

Image

See why Target Test Prep is rated 5 out of 5 stars on BEAT the GMAT. Read our reviews