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12 Days of Christmas 🎅 GMAT Competition with Lots of Questions & Fun

 


This question was provided by GMAT Club
for the 12 Days of Christmas Competition

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Corporation A has exactly two different divisions, one dealing in cosmetics and the other apparel. The line graph above shows the profit generated by the two divisions over a period of five years.

Select from each drop-down menu the option that creates the most accurate statement based on the information provided.

Based on the available information, it can be said that division in year had the maximum share of total profit in any given year.


Attachment:
12 Days of Christmas.png

To maximize our returns, it is essential to pinpoint the most significant disparity between the two divisions. Notably, there are two notable differences observed in the years 2014 and 2017.

Let's assess both instances:

2014:
Cosmetics Profit: 25
Apparel Profit: 43

Cosmetics Share: 25/68 = 37%
Apparel Share: 43/68 = 63%

2017:
Cosmetics Profit: 45
Apparel Profit: 65

Cosmetics Share: 45/110 = 41%
Apparel Share: 65/110 = 59%

Upon solving, it is evident that the peak value is in 2014. Consequently, the Apparel division in the year 2014 held the highest proportion of the total profit in any given year.
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12 Days of Christmas 🎅 GMAT Competition with Lots of Questions & Fun

 


This question was provided by GMAT Club
for the 12 Days of Christmas Competition

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Corporation A has exactly two different divisions, one dealing in cosmetics and the other apparel. The line graph above shows the profit generated by the two divisions over a period of five years.

Select from each drop-down menu the option that creates the most accurate statement based on the information provided.

Based on the available information, it can be said that division in year had the maximum share of total profit in any given year.


Attachment:
The attachment 12 Days of Christmas.png is no longer available

OA is Apparel in the year 2014

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Corporation A has exactly two different divisions, one dealing in cosmetics and the other apparel. The line graph above shows the profit generated by the two divisions over a period of five years.



Select from each drop-down menu the option that creates the most accurate statement based on the information provided.
Based on the available information, it can be said that division _______ in year _______ had the maximum share of total profit in any given year.

Solution:
    Year Division Profit (in thousands $) Profit Share % (approx)
    2014 Apparel 42 64
    Cosmetics 24 36

    2015 Apparel 44 55
    Cosmetics 36 45

    2016 Apparel 38 42
    Cosmetics 52 58

    2017 Apparel 63 60
    Cosmetics 45 40

    2018 Apparel 65 52
    Cosmetics 60 48

Hence, Division Apparel in the year 2014 had the maximum share of total profit in any given year.
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12 Days of Christmas 🎅 GMAT Competition with Lots of Questions & Fun

 


This question was provided by GMAT Club
for the 12 Days of Christmas Competition

Win $40,000 in prizes: Courses, Tests & more

 




Corporation A has exactly two different divisions, one dealing in cosmetics and the other apparel. The line graph above shows the profit generated by the two divisions over a period of five years.

Select from each drop-down menu the option that creates the most accurate statement based on the information provided.

Based on the available information, it can be said that division in year had the maximum share of total profit in any given year.


Attachment:
12 Days of Christmas.png


In 2014 net profit from Cosmetics = 24 , Apparels= 42 . Total Profit = 66
Profit in % for Cosmetics = \frac{24}{66} = 36.36%
Profit in % for Apparels = \(\frac{42}{66}\) = 63.64 %

In 2015 net profit from Cosmetics = 42 , Apparels= 42 . Total Profit = 84
Profit in % for Cosmetics = \(\frac{42}{84}\) = 50.00%
Profit in % for Apparels = \(\frac{42}{84}\) = 50.00 %

In 2016 net profit from Cosmetics = 52 , Apparels= 38 . Total Profit = 90
Profit in % for Cosmetics = \(\frac{52}{90}\) = 57.78%
Profit in % for Apparels = \(\frac{38}{90}\) = 42.28%

In 2017 net profit from Cosmetics = 43 , Apparels= 62 . Total Profit = 105
Profit in % for Cosmetics = \(\frac{43}{105}\) = 40.95%
Profit in % for Apparels = \(\frac{62}{105}\) = 59.05%

In 2018 net profit from Cosmetics = 60 , Apparels= 65 . Total Profit = 125
Profit in % for Cosmetics = \(\frac{60}{125}\) = 48.00%
Profit in % for Apparels = \(\frac{65}{125}\) = 52.00%


*We don't have to calculate the data for 2015,2016 and 2018. Since the two values are close to the average of these values. There is not much difference in the two values and the % share of these two are nearly equal as can be confirmed from the above calculation also.

The highest share in the Profit % is of Apparels in 2014.

IMO ~ Based on the available information, it can be said that division Apparels in year 2014 had the maximum share of total profit in any given year.
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Good question to learn about the approximation in graphs.
As per the we have to find the in which year which division had the maximum share . Meaning percentage split between the divisions was maximum.

Apparel - "A"
Cosmetics - "C"


2014: A- 42; C - 22 ; diff=20$
2015: A- 43; C - 38 ; diff = 5$
2016: A- 38; C- 50; diff = 12$
2017: A- 62; C- 46; diff = 16$
2018: A-64; C-60; diff = 4$

Clear answer 2014 and apparel division.
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