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Company X has exactly two product lines and no other sources of revenu

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Joined: 10 Oct 2013
Posts: 3

Kudos [?]: 2 [0], given: 6

Location: India
Company X has exactly two product lines and no other sources of revenu [#permalink]

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New post 22 Nov 2017, 07:41
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Question Stats:

60% (00:47) correct 40% (01:21) wrong based on 25 sessions

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Company X has exactly two product lines and no other sources of revenue. If the consumer products line experiences a k% increase in revenue (where k is a positive integer) in 2015 from 2014 levels and the machine parts line experiences a k% decrease in revenue in 2015 from 2004 levels, did Company X's overall revenue increase or decrease in 2010?

(1) In 2014, the consumer products line generated more revenue than the machine parts line.
(2) k = 8

[Reveal] Spoiler:
This is Question No 5 from the problem set of Chapter 5 (Percent) from Manhattan Guide 1 (FDP) edition 6.
My answer is (E)
The answer given in the book is (A). I m not convinced with the explanation given in the guide as it does not take into say anything about the year 2010 as asked in the question or the fact that decrease in revenue of machine parts is from 2004. I m rather convinced there is a typographical error.
Can anyone help?
[Reveal] Spoiler: OA

_________________

Bushra Maimuna


Last edited by Bunuel on 22 Nov 2017, 07:58, edited 1 time in total.
Renamed the topic and edited the question.

Kudos [?]: 2 [0], given: 6

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Joined: 02 Aug 2009
Posts: 5365

Kudos [?]: 6157 [0], given: 121

Re: Company X has exactly two product lines and no other sources of revenu [#permalink]

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New post 22 Nov 2017, 09:44
BushraMaimuna wrote:
Company X has exactly two product lines and no other sources of revenue. If the consumer products line experiences a k% increase in revenue (where k is a positive integer) in 2015 from 2014 levels and the machine parts line experiences a k% decrease in revenue in 2015 from 2004 levels, did Company X's overall revenue increase or decrease in 2010?

(1) In 2014, the consumer products line generated more revenue than the machine parts line.
(2) k = 8

[Reveal] Spoiler:
This is Question No 5 from the problem set of Chapter 5 (Percent) from Manhattan Guide 1 (FDP) edition 6.
My answer is (E)
The answer given in the book is (A). I m not convinced with the explanation given in the guide as it does not take into say anything about the year 2010 as asked in the question or the fact that decrease in revenue of machine parts is from 2004. I m rather convinced there is a typographical error.
Can anyone help?



Yes it has to be a typo...
2004 must be 2014
And 2010 must be 2015

Edit .. just checked online. The above is correct. 2010 is 2015 and 2004 is 2014
_________________

Absolute modulus :http://gmatclub.com/forum/absolute-modulus-a-better-understanding-210849.html#p1622372
Combination of similar and dissimilar things : http://gmatclub.com/forum/topic215915.html

Kudos [?]: 6157 [0], given: 121

Re: Company X has exactly two product lines and no other sources of revenu   [#permalink] 22 Nov 2017, 09:44
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Company X has exactly two product lines and no other sources of revenu

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