Find all School-related info fast with the new School-Specific MBA Forum

It is currently 23 Jul 2014, 12:50

Close

GMAT Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

ps: revenue

  Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
TAGS:
Manager
Manager
avatar
Joined: 10 Oct 2005
Posts: 63
Followers: 1

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

ps: revenue [#permalink] New post 13 Oct 2005, 10:32
00:00
A
B
C
D
E

Difficulty:

(N/A)

Question Stats:

100% (01:02) 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
Manager
Manager
User avatar
Joined: 03 Oct 2005
Posts: 88
Followers: 1

Kudos [?]: 4 [0], given: 0

 [#permalink] New post 13 Oct 2005, 10:47
A 1:2

If x = revenue of car sales in 96
& y = revenue of truck sales in 96

The '97 results can be written as
decrease in car revenue + increase in truck revenue = 1.01% from '96 total revenue.

.89x + 1.07y = 1.01 (x + y)
Solving,
.06y = .12x
and so x/y = 6/12 = 1/2
  [#permalink] 13 Oct 2005, 10:47
    Similar topics Author Replies Last post
Similar
Topics:
revenue vcbabu 2 27 Jun 2009, 21:28
AWA Review - Tax Revenue AVakil 3 18 Dec 2007, 05:59
revenue boots ds joemama142000 5 31 Jan 2006, 19:12
revenue shortfall ronybtl 20 09 Aug 2005, 05:04
PR-profits and revenues doloris 0 20 May 2005, 00:43
Display posts from previous: Sort by

ps: revenue

  Question banks Downloads My Bookmarks Reviews Important topics  


GMAT Club MBA Forum Home| About| Privacy Policy| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group and phpBB SEO

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.