Official Guide Explanation:
Data Sufficiency #138

 

 

Background

This is just one of hundreds of free explanations I've created to the quantitative questions in The Official Guide for GMAT Review (12th ed.). Click the links on the question number, difficulty level, and categories to find explanations for other problems.

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Solution and Metadata

Question: 138
Page: 285
Difficulty: 5 (Moderate)
Category 1: Word Problems > Other >
Category 2: Algebra > Equations >

Explanation: To know the total amount of revenue, you need to know how many of the tickets were full price, how many were half price, and the cost of each type of ticket. Statement (1) is insufficient, as it only gives you the discount rate of the discount tickets. Statement (2) is also insufficient, as it only gives you the price of full - price tickets.

Taken together, there still isn't enough information. While you can find the price of each type of ticket, you don't know how many of each type of ticket were sold. The correct choice is (E).

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