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19 Mar 2013, 14:02
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C
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
15%
(low)
Question Stats:
80% (01:39) correct
20%
(01:50)
wrong
based on 178
sessions
History
Date
Time
Result
Not Attempted Yet
Marketing executives for a certain chewing gum company projected a 20 percent increase in revenue this year over that of last year, but revenue this year actually decreased by 25%. What percent of the projected revenue was the actual revenue ?
A. 53%
B. 58%
C. 62.5%
D. 64%
E. 75%
Need some quick approach ..thanks !
A. 53%
B. 58%
C. 62.5%
D. 64%
E. 75%
Need some quick approach ..thanks !
19 Mar 2013, 14:09
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Bookmarks
guerrero25
Marketing executives for a certain chewing gum company projected a 20 percent increase in revenue this year over that of last year, but revenue this year actually decreased by 25%. What percent of the projected revenue was the actual revenue ?
A. 53%
B. 58%
C. 62.5%
D. 64%
E. 75%
Need some quick approach ..thanks !
A. 53%
B. 58%
C. 62.5%
D. 64%
E. 75%
Need some quick approach ..thanks !
Last year revenue = 100 (assume);
This year revenue = 75;
Projected revenue = 120.
Actual/Projected*100=75/120*100 = 62.5%.
Answer: C.
Hope it's clear.
19 Mar 2013, 14:27
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Bunuel
guerrero25
Marketing executives for a certain chewing gum company projected a 20 percent increase in revenue this year over that of last year, but revenue this year actually decreased by 25%. What percent of the projected revenue was the actual revenue ?
A. 53%
B. 58%
C. 62.5%
D. 64%
E. 75%
Need some quick approach ..thanks !
A. 53%
B. 58%
C. 62.5%
D. 64%
E. 75%
Need some quick approach ..thanks !
Last year revenue = 100 (assume);
This year revenue = 75;
Projected revenue = 120.
Actual/Projected*100=75/120*100 = 62.5%.
Answer: C.
Hope it's clear.
Thanks Bunuel
Wow! this was so easy. I think its the fatigue that got into me. I Could not even recognize a simple problem . . . I am hitting the hey now
