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The price of a ticket in a multiplex A is 20 percent higher than that
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23 Nov 2023, 01:50
23 Nov 2023, 01:50
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The price of a ticket in a multiplex A is 20 percent higher than that in multiplex B. Multiplex A reduces its ticket price by 20 percent and adds $5 to the reduced price, while multiplex B increases its ticket price by 10 percent and adds $10 to the increased price.
A) Quantity A is greater.
B) Quantity B is greater.
C) The two quantities are equal.
D) The relationship cannot be determined from the information given.
Quantity A |
Quantity B |
Price of a ticket in multiplex A after price revision |
Price of a ticket in multiplex B after price revision |
A) Quantity A is greater.
B) Quantity B is greater.
C) The two quantities are equal.
D) The relationship cannot be determined from the information given.
Part of the project: The Butler-GRE Daily New Quant and Verbal Questions to Practice (2023) - Gain 20 Kudos & Get FREE Access to GRE Prep Club TESTS
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Free Materials for the GRE General Exam - Where to get it!!
GRE Geometry Formulas
GRE - Math Book
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Free Materials for the GRE General Exam - Where to get it!!
GRE Geometry Formulas
GRE - Math Book
Manager
Joined: 11 Nov 2023
Posts: 212
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WE:Business Development (Advertising and PR)
Re: The price of a ticket in a multiplex A is 20 percent higher than that
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01 Dec 2023, 21:15
01 Dec 2023, 21:15
1
The final price of A \(= 1.2*0.8*B + 5 = 0.96B +5\)
The final price of B \(= 1.1B + 10\)
Regardless of what the initial price of B was, the final price of B is \(0.14B+5\) higher than the final price of A.
We can test using $100 as the initial price of B.
Final A = 101
Final B = 120
Final B > Final A
The final price of B \(= 1.1B + 10\)
Regardless of what the initial price of B was, the final price of B is \(0.14B+5\) higher than the final price of A.
We can test using $100 as the initial price of B.
Final A = 101
Final B = 120
Final B > Final A
gmatclubot
Re: The price of a ticket in a multiplex A is 20 percent higher than that [#permalink]
01 Dec 2023, 21:15
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