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Sale of pens constitutes 10% of the turnover of Company T

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Sale of pens constitutes 10% of the turnover of Company T [#permalink] New post 03 Nov 2012, 08:34
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14% (01:20) correct 85% (01:01) wrong based on 0 sessions
Sale of pens constitutes 10% of the turnover of Company T. If the sale of pens falls down by 2%, what is the new turnover?
(1) The sales of other items remain the same.
(2) The turnover initially was $250 crores.
[Reveal] Spoiler: OA
1 KUDOS received
Intern
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Joined: 01 Jan 2012
Posts: 34
GMAT 1: Q42 V32
GMAT 2: 0 Q50 V35
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Kudos [?]: 2 [1] , given: 5

Re: Sale of pens constitutes 10% of the turnover of Company T [#permalink] New post 03 Nov 2012, 08:35
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monikaleoster wrote:
Sale of pens constitutes 10% of the turnover of Company T. If the sale of pens falls down by 2%, what is the new turnover?
(1) The sales of other items remain the same.
(2) The turnover initially was $250 crores.


I marked C can anyone Explain why it is wrong
1 KUDOS received
Intern
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Status: Fighting to kill GMAT
Joined: 23 Sep 2012
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Concentration: International Business, General Management
Schools: Duke '16
GPA: 3.8
WE: General Management (Other)
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Kudos [?]: 8 [1] , given: 38

Re: Sale of pens constitutes 10% of the turnover of Company T [#permalink] New post 03 Nov 2012, 09:04
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monikaleoster wrote:
monikaleoster wrote:
Sale of pens constitutes 10% of the turnover of Company T. If the sale of pens falls down by 2%, what is the new turnover?
(1) The sales of other items remain the same.
(2) The turnover initially was $250 crores.


I marked C can anyone Explain why it is wrong


Initially, Sales = 10% of Initial Turnover.
Later, (100-2)% of Sales = x% of New Turnover.
or, 98% of Sales = x% of New Turnover......... (i)

(1) Just because the sales of other items remains the same, the new turnover cannot be estimated.

(2) Only the initial turnover is given. Hence new turnover and x in equation (i) are both unknown.

(1) + (2) : Equation (i) cannot still be solved.

I hope it helped. Please kudos me if it did.
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Re: Sale of pens constitutes 10% of the turnover of Company T [#permalink] New post 04 Nov 2012, 12:48
monikaleoster wrote:
monikaleoster wrote:
Sale of pens constitutes 10% of the turnover of Company T. If the sale of pens falls down by 2%, what is the new turnover?
(1) The sales of other items remain the same.
(2) The turnover initially was $250 crores.


I marked C can anyone Explain why it is wrong



I think C should be correct.
250 turn over
10% = 25 crore is Pen sales
Others = 225
Now, 8% = 25 - 5 = 20
Since other remains the same = 225.
Intern
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Re: Sale of pens constitutes 10% of the turnover of Company T [#permalink] New post 05 Nov 2012, 22:03
BangOn wrote:
monikaleoster wrote:
monikaleoster wrote:
Sale of pens constitutes 10% of the turnover of Company T. If the sale of pens falls down by 2%, what is the new turnover?
(1) The sales of other items remain the same.
(2) The turnover initially was $250 crores.


I marked C can anyone Explain why it is wrong



I think C should be correct.
250 turn over
10% = 25 crore is Pen sales
Others = 225
Now, 8% = 25 - 5 = 20
Since other remains the same = 225.




I think it shud be c.. please confirm guys !!!
Intern
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Joined: 18 May 2012
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Re: Sale of pens constitutes 10% of the turnover of Company T [#permalink] New post 17 Nov 2012, 18:18
BangOn wrote:
monikaleoster wrote:
monikaleoster wrote:
Sale of pens constitutes 10% of the turnover of Company T. If the sale of pens falls down by 2%, what is the new turnover?
(1) The sales of other items remain the same.
(2) The turnover initially was $250 crores.


I marked C can anyone Explain why it is wrong



I think C should be correct.
250 turn over
10% = 25 crore is Pen sales
Others = 225
Now, 8% = 25 - 5 = 20
Since other remains the same = 225.



I'm very confused with this question, could someone break the question down please, im having trouble understanding it :(
Re: Sale of pens constitutes 10% of the turnover of Company T   [#permalink] 17 Nov 2012, 18:18
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