Find all School-related info fast with the new School-Specific MBA Forum
Learn more about the recent changes... close

It is currently 20 May 2013, 02:28
Customize  |  Hide

Search
Register
New posts
Unanswered

ps: revenue

  Question banks Downloads My Bookmarks Reviews  
  Oldest Best Reply
Search for:
 
Print view
First unread post
Author Message
TAGS:
Manager
Manager
Joined: 10 Oct 2005
Posts: 66
Followers: 1

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

ps: revenue [#permalink] New post 13 Oct 2005, 11:32
00:00

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
Manager
Manager
User avatar
Joined: 03 Oct 2005
Posts: 90
Followers: 1

Kudos [?]: 2 [0], given: 0

 [#permalink] New post 13 Oct 2005, 11:47
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, 11:47
    Similar topics Author Replies Last post
Similar
Topics:
 New posts PR-profits and revenues doloris 0 20 May 2005, 01:43
Popular new posts revenue shortfall ronybtl 20 09 Aug 2005, 06:04
New posts revenue boots ds joemama142000 5 31 Jan 2006, 20:12
New posts AWA Review - Tax Revenue AVakil 3 18 Dec 2007, 06:59
New posts revenue vcbabu 2 27 Jun 2009, 22:28
Display posts from previous: Sort by

ps: revenue

  Question banks Downloads My Bookmarks Reviews  
Print view
First unread post

Moderators: Bunuel, VeritasPrepKarishma, IanStewart

Search for:


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®.

Main navigation

GMAT Resources

Partners

MBA Resources

www.gmac.com|www.mba.com