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Section : 6 - Problem - 17

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by camitava » Sat Sep 15, 2007 5:10 am
Another problem to solve -

Code: Select all

If an organization were to sell n tickets for a theater production, the total revenue from ticket sales would be 20 percent greater than the total costs of the production. If the organization actually sold all but 5 percent of the n tickets, the total revenue from ticket sales was what percent greater than the total costs of the production?
(A) 4%		(B) 10%		(C) 14%
(D) 15%		(E) 18%
Correct me If I am wrong


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by Neo2000 » Sat Sep 15, 2007 5:18 am
Hey am not sure i've understood the source of this problem.

Please do mention from where
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by camitava » Sat Sep 15, 2007 5:24 am
Oops! Sorry for that. The problem is from Problem Solving from Wiki. I mean the resources uploaded by beattheGMAT itself.
Correct me If I am wrong


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by niks_01.27 » Sun Sep 16, 2007 2:10 pm
Its a simple problem of algebra;

n tickets --> 1.2 T (total cost)
.95 n --> ??

?? = 1.2 T * .95 n / n = 1.14 T

Answer is 14%
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niks...
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by camitava » Sun Sep 16, 2007 8:33 pm
Yop! The OA is C itself. Thanks a lot for ur responses...
Correct me If I am wrong


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