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# Company A's sales in year 1 were twice those of Company B. Each compan

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Manager
Joined: 14 Oct 2012
Posts: 157
Company A's sales in year 1 were twice those of Company B. Each compan  [#permalink]

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01 Nov 2017, 11:21
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Difficulty:

85% (hard)

Question Stats:

54% (02:59) correct 46% (02:56) wrong based on 94 sessions

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Company A's sales in year 1 were twice those of Company B. Each company's realized profits were equal to 10 percent of its sales in that year. In year 2, Company A increased its sales by 10 percent, and its profits as a percentage of sales were 12 percent. In that same year, Company B increased its sales by 20 percent, but its profit margin declined to 9 percent. Approximately how much more were company A's profits in the second year than company B's profits?

A. 25%
B. 120%
C. 150%
D. 220%
E. 250%
Manager
Joined: 14 Oct 2012
Posts: 157
Re: Company A's sales in year 1 were twice those of Company B. Each compan  [#permalink]

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01 Nov 2017, 11:22
My 2 cents:
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VP
Joined: 27 May 2012
Posts: 1028
Re: Company A's sales in year 1 were twice those of Company B. Each compan  [#permalink]

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16 Apr 2018, 02:59
manishtank1988 wrote:
Company A's sales in year 1 were twice those of Company B. Each company's realized profits were equal to 10 percent of its sales in that year. In year 2, Company A increased its sales by 10 percent, and its profits as a percentage of sales were 12 percent. In that same year, Company B increased its sales by 20 percent, but its profit margin declined to 9 percent. Approximately how much more were company A's profits in the second year than company B's profits?

A. 25%
B. 120%
C. 150%
D. 220%
E. 250%

In this question the information about first years profit seems redundant. We don't need that information to solve this question.
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- Stne
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Joined: 09 Sep 2013
Posts: 15024
Re: Company A's sales in year 1 were twice those of Company B. Each compan  [#permalink]

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31 Dec 2019, 03:58
Hello from the GMAT Club BumpBot!

Thanks to another GMAT Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).

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Re: Company A's sales in year 1 were twice those of Company B. Each compan   [#permalink] 31 Dec 2019, 03:58