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100 points for $49 worth of Veritas practice GMATs FREE VERITAS PRACTICE GMAT EXAMS Earn 10 Points Per Post Earn 10 Points Per Thanks Earn 10 Points Per Upvote ## Tickets for all but 100 seats in a 10,000-seat stadium were ##### This topic has 2 expert replies and 1 member reply ### Top Member ## Tickets for all but 100 seats in a 10,000-seat stadium were ## Timer 00:00 ## Your Answer A B C D E ## Global Stats Difficult Tickets for all but 100 seats in a 10,000-seat stadium were sold. Of the tickets sold, 20% were sold at half price and the remaining tickets were sold at the full price of$2. What was the total revenue from ticket sales?

A. $15,840 B.$17,820
C. $18,000 D.$19,800
E. $21,780 OA B Source: Official Guide ### GMAT/MBA Expert GMAT Instructor Joined 25 Apr 2015 Posted: 2852 messages Followed by: 18 members Upvotes: 43 Top Reply BTGmoderatorDC wrote: Tickets for all but 100 seats in a 10,000-seat stadium were sold. Of the tickets sold, 20% were sold at half price and the remaining tickets were sold at the full price of$2. What was the total revenue from ticket sales?

A. $15,840 B.$17,820
C. $18,000 D.$19,800
E. $21,780 OA B Source: Official Guide We see that 10,000 - 100 = 9,900 tickets were actually sold. 0.2 x 9,900 = 1,980 tickets were sold for 1 dollar each, so these tickets generated 1,980 dollars in revenue. 9,900 - 1,980 = 7,920 were sold for 2 dollars each, so these tickets generated 15,840 dollars in revenue. The total revenue earned was 1,980 + 15,840= 17,820 dollars. Answer: B _________________ Scott Woodbury-Stewart Founder and CEO scott@targettestprep.com See why Target Test Prep is rated 5 out of 5 stars on BEAT the GMAT. Read our reviews ### Top Member Legendary Member Joined 29 Oct 2017 Posted: 977 messages Followed by: 4 members Top Reply 100 are not sold from 10,000 So seats sold$$=9900$$ $$20\%$$ is 1980 and the remaining $$80\%$$ is 7920. Each ticket cost 2$ and 1980 cost 1$So $$2*7920 +1980=17820$$ is our answer $$\Rightarrow$$ __B__ ### GMAT/MBA Expert GMAT Instructor Joined 25 May 2010 Posted: 15362 messages Followed by: 1866 members Upvotes: 13060 GMAT Score: 790 BTGmoderatorDC wrote: Tickets for all but 100 seats in a 10,000-seat stadium were sold. Of the tickets sold, 20% were sold at half price and the remaining tickets were sold at the full price of$2. What was the total revenue from ticket sales?

A. $15,840 B.$17,820
C. $18,000 D.$19,800
E. $21,780 If all 10,000 tickets are sold, we get: 20% sold for$1 each = 2000*1 = 2,000
80% sold for $2 each = 8000*2 = 16,000 Total revenue = 2000+16000 = 18,000 Since 100 tickets are not actually sold, the total revenue must be a bit less than 18,000. The correct answer is B. _________________ Mitch Hunt Private Tutor for the GMAT and GRE GMATGuruNY@gmail.com If you find one of my posts helpful, please take a moment to click on the "UPVOTE" icon. Available for tutoring in NYC and long-distance. For more information, please email me at GMATGuruNY@gmail.com. Student Review #1 Student Review #2 Student Review #3 Free GMAT Practice Test How can you improve your test score if you don't know your baseline score? Take a free online practice exam. Get started on achieving your dream score today! Sign up now. • Award-winning private GMAT tutoring Register now and save up to$200

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