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# The annual profit or loss for the three divisions of Company T for the

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Joined: 02 Sep 2009
Posts: 47918
The annual profit or loss for the three divisions of Company T for the  [#permalink]

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30 Jul 2018, 03:44
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Question Stats:

91% (01:58) correct 9% (02:13) wrong based on 71 sessions

The annual profit or loss for the three divisions of Company T for the years 1991 through 1995 are summarized in the table shown, where losses are enclosed in parentheses. For which division and which three consecutive years shown was the division's profit or loss for the three-year period closest to $0 ? A. Division A for 1991–1993 B. Division A for 1992–1994 C. Division B for 1991–1993 D. Division B for 1993–1995 E. Division C for 1992–1994 NEW question from GMAT® Quantitative Review 2019 (PS02019) Attachment: shot22.jpg [ 41.87 KiB | Viewed 627 times ] _________________ Math Expert Joined: 02 Aug 2009 Posts: 6521 The annual profit or loss for the three divisions of Company T for the [#permalink] ### Show Tags 30 Jul 2018, 05:11 1 The annual profit or loss for the three divisions of Company T for the years 1991 through 1995 are summarized in the table shown, where losses are enclosed in parentheses. For which division and which three consecutive years shown was the division's profit or loss for the three-year period closest to$0 ?

Easy question, but be sure to take the profits and losses correctly

A. Division A for 1991–1993......$$1.1-3.4+1.9=3-3.4=0.4$$
B. Division A for 1992–1994......$$-3.4+1.9+2.0=3.9-3.4=0.5$$
C. Division B for 1991–1993......$$2.3-5.5+4.5=6.8-5.5=1.3$$
D. Division B for 1993–1995...... $$-4.5+3.9-2.9$$ clearly more than 1
E. Division C for 1992–1994...... $$-6.6+5.3+1.1=6.4-6.6=-0.2$$

We are not looking for a positive or negative value..
It is like a modulus that is the closet distance from 0
-0.2 is closest

E
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The annual profit or loss for the three divisions of Company T for the  [#permalink]

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05 Aug 2018, 07:22
The below table may be referred in order to determine the profit or loss incurred by company T for three consecutive years.

It is found that division C has incurred the loss closest to zero in the period 1992-1994.

Ans. (E)
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Re: The annual profit or loss for the three divisions of Company T for the  [#permalink]

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10 Aug 2018, 18:49
Bunuel wrote:

The annual profit or loss for the three divisions of Company T for the years 1991 through 1995 are summarized in the table shown, where losses are enclosed in parentheses. For which division and which three consecutive years shown was the division's profit or loss for the three-year period closest to \$0 ?

A. Division A for 1991–1993
B. Division A for 1992–1994
C. Division B for 1991–1993
D. Division B for 1993–1995
E. Division C for 1992–1994

Attachment:
shot22.jpg

A. Division A for 1991–1993

Profit (or loss) = 1.1 - 3.4 + 1.9 = (0.4)

B. Division A for 1992–1994

Profit (or loss) = -3.4 + 1.9 + 2.0 = 0.5

C. Division B for 1991–1993

Profit (or loss) = -2.3 + 5.5 - 4.5 = (1.3)

D. Division B for 1993–1995

Profit (or loss) = -4.5 + 3.9 - 2.9 = (3.5)

E. Division C for 1992–1994

Profit (or loss) = -6.6 + 5.3 + 1.1 = (0.2)

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Re: The annual profit or loss for the three divisions of Company T for the &nbs [#permalink] 10 Aug 2018, 18:49
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