Instructions

Each problem, consists of a problem followed by two Statements T and II. Decide whether the data in the statements are sufficient to answer the question.

Question 120

A swimming club that sold only individual and family memberships charged  300 for an individual membership. If the club's total revenue from memberships was  480000, what was the charge for a family membership?
I. The revenue from individual memberships was $$\frac{1}{4}$$ of the total revenue from memberships.
II. The club sold 1.5 times as many family memberships as individual memberships.

Solution

Statement 1:

Since we don't know total individual membership we cant determine revenue from family membership from this condition.


Statement 2:

Let us say x is total no.of individual memberships; and y be total family memberships.

from the statement we have y=1.5x

and from the question we have x+y = 480000

So, value of y can be determined.

So, sufficient.


Create a FREE account and get:

  • All Quant Formulas and shortcuts PDF
  • 40+ previous papers with solutions PDF
  • Top 500 MBA exam Solved Questions for Free

cracku

Boost your Prep!

Download App