It is currently 21 Mar 2018, 07:58

# Happening Now:

UVA Darden R2 Results - Join CHAT ROOM for Live Updates  | HBS R2 Results at Noon ET

### 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

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

# Events & Promotions

###### Events & Promotions in June
Open Detailed Calendar

# A certain company that sells only cars and trucks reported

Author Message
Senior Manager
Joined: 29 Mar 2008
Posts: 346
A certain company that sells only cars and trucks reported [#permalink]

### Show Tags

26 Sep 2008, 15:24
00:00

Difficulty:

(N/A)

Question Stats:

0% (00:00) correct 0% (00:00) wrong based on 0 sessions

### HideShow timer Statistics

This topic is locked. If you want to discuss this question please re-post it in the respective forum.

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...
_________________

To find what you seek in the road of life, the best proverb of all is that which says:
"Leave no stone unturned."
-Edward Bulwer Lytton

Retired Moderator
Joined: 05 Jul 2006
Posts: 1741

### Show Tags

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

Re: PS:Cars and Trucks   [#permalink] 26 Sep 2008, 21:50
Display posts from previous: Sort by