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A certain company that sells only cars and trucks reported

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A certain company that sells only cars and trucks reported [#permalink]

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New post 26 Sep 2008, 15:24
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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

Looking for a shorter method...
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Re: PS:Cars and Trucks [#permalink]

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New post 26 Sep 2008, 21:50
leonidas wrote:
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

Looking for a shorter method...


1996

Car rev = x , Truck =y, total rev = x+y

1997

car rev = 0.89x , truck = 1.07y

0.89x+1.07y = 1.01x+1.01y

0.06y = 0.12x
0.06/0.12 = x/y = 6/12 = 1/2


A is my answer

Kudos [?]: 418 [0], given: 49

Re: PS:Cars and Trucks   [#permalink] 26 Sep 2008, 21:50
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A certain company that sells only cars and trucks reported

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