Word Translation problem

Expert replies

Osirus@VeritasPrep: GMAT Instructor; Posts: 1578; Joined: Thu May 28, 2009 8:02 amFollowed by: 34 members; Thanked: 128 times; GMAT Score:760

by Osirus@VeritasPrep » Wed Jan 13, 2010 9:15 am

A circus earned $150,000 in ticket revenue by selling 1,800 VIP and Standard tickets. They sold 25% more standard tickets than VIP tickets. If the revenue from Standard tickets represents a third of the total ticket revenue, what is the price of a VIP ticket?

My question is this: When you are translating the "they sold 25% more standard tickets than VIP tickets."

Why is this the proper equation

1800 - x = x + .25x

Rather than

1800- x = x + .25(1800 - x) ???

Like this post

Source: Beat The GMAT — Problem Solving | Wed Jan 13, 2010 9:15 am

bhaskarjain: Newbie | Next Rank: 10 Posts; Posts: 3; Joined: Sat May 23, 2009 10:39 pm; Location: bangalore; Thanked: 1 times

by bhaskarjain » Wed Jan 13, 2010 10:20 pm

osirus0830 wrote:A circus earned $150,000 in ticket revenue by selling 1,800 VIP and Standard tickets. They sold 25% more standard tickets than VIP tickets. If the revenue from Standard tickets represents a third of the total ticket revenue, what is the price of a VIP ticket?

My question is this: When you are translating the "they sold 25% more standard tickets than VIP tickets."

Why is this the proper equation

1800 - x = x + .25x

Rather than

1800- x = x + .25(1800 - x) ???

My approach to this will be:
2/3 $150,000= 1800 VIP ticket
VIP ticket = $1000/18

Like this post

swati chaturvedi: Newbie | Next Rank: 10 Posts; Posts: 5; Joined: Fri Oct 30, 2009 9:13 pm

by swati chaturvedi » Tue Jan 19, 2010 12:47 am

Total revenue - $ 150000

Revenue VIP ticket - $ 100000 (1/3rd std and 2/3rd VIP)

Std ticket nos. are 25% more, so if VIP is taken as X, then std is 1.25x.

Thus x+1.25x=1800

x= 800

Price of VIP ticket: 100000/800= $ 125

For little more: std tickets are 1000 and price $ 50

Like this post

Post new topic Post Reply

• Page 1 of 1

GMAT Course Reviews

563 reviews

1168 reviews

431 reviews

359 reviews

147 reviews

5/5

5 Star (563 Reviews)

"Target Test Prep is the closest to the official version of the GMAT exam, about 99% accuracy in terms of the quality and quantity of information. The course has excellently created singular sets of focused lessons and tests for every possible topic that one could come across in the official GMAT exam."

"The TTP course maximizes the efficiency of the time you spend studying. It will take time and effort but I could almost guarantee that if you complete the course exactly as it is laid out you will get an amazing score. They also have a very responsive team willing to help with any questions you might have."

"TTP has two things that I think no other test prep company offers: A teaching approach that reinforces understanding and an attitude that will give you the mental preparedness needed to succeed on the test. TTP gives you a deep understanding of the concept you need to know while teaching you how to think."

Write a Review