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# A certain company reported that the revenue on sales increas

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Manager
Joined: 10 Feb 2011
Posts: 115
Followers: 1

Kudos [?]: 114 [0], given: 10

A certain company reported that the revenue on sales increas [#permalink]  02 Mar 2011, 02:25
00:00

Difficulty:

25% (medium)

Question Stats:

79% (02:17) correct 21% (00:54) wrong based on 43 sessions
A certain company reported that the revenue on sales increased 40 % from 2000 to 2003, and increased 80 % from 2000 to 2005. What was the approximate percent increase in revenue for this store from 2003 to 2005?

(A) 50 %
(B) 40 %
(C) 35 %
(D) 32 %
(E) 29 %
[Reveal] Spoiler: OA
Math Expert
Joined: 02 Sep 2009
Posts: 29750
Followers: 4895

Kudos [?]: 53398 [0], given: 8160

Re: 228. A certain company reported that the revenue on sales in [#permalink]  02 Mar 2011, 02:37
Expert's post
banksy wrote:
228. A certain company reported that the revenue on sales increased 40 % from 2000 to 2003, and increased 80 % from 2000 to 2005. What was the approximate percent increase in revenue for this store from 2003 to 2005?
(A) 50 %
(B) 40 %
(C) 35 %
(D) 32 %
(E) 29 %

Assume the revenue in 2000 to be 100. Then in 2003 it would be 140 and and in 2005 180, so from 2003 to 2005 it increased by (180-140)/140=40/140=2/7=~29%.

_________________
Re: 228. A certain company reported that the revenue on sales in   [#permalink] 02 Mar 2011, 02:37
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