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Intern
Intern
Joined: 02 Jun 2009
Posts: 26
Followers: 0

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

car truck [#permalink] New post 02 Jun 2009, 02:48
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Difficulty:

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Question Stats:

0% (00:00) correct 0% (00:00) wrong based on 0 sessions
A certain company that sells only cars and trucks reported that revenues from car sales in 1997 were down 11 percent from 1996 and revenues from truck sales in 1997 were up 7 percent from 1996. If total revenues from car sales and truck sales in 1997 were up 1 percent from 1996, what is the ratio of revenue from car sales in 1996 to revenue from truck sales in 1996?

A. 1 : 2
B. 4 : 5
C. 1 : 1
D. 3 : 2
E. 5 : 3
Senior Manager
Senior Manager
User avatar
Joined: 16 Jan 2009
Posts: 362
Concentration: Technology, Marketing
GMAT 1: 700 Q50 V34
GPA: 3
WE: Sales (Telecommunications)
Followers: 2

Kudos [?]: 61 [0], given: 16

GMAT Tests User
Re: car truck [#permalink] New post 03 Jun 2009, 11:57
let the revenues from car sales for 1996 = x
let the revenues from truck sales for 1996 = y
in 1997
let the revenues from car sales = 0.89x
let the revenues from truck sales= 1.07y

so total rev for 1997= 0.89x +1.07y-------1

given-total revenues from car sales and truck sales in 1997 were up 1 percent from 1996
so total rev for 1997= 1.01(x +y)----------2

solving 1 and 2

RATIO = 1 : 2

IMO A
_________________

Lahoosaher

Re: car truck   [#permalink] 03 Jun 2009, 11:57
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