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

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

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New post 30 Jul 2018, 03:44
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81% (01:49) correct 19% (01:51) wrong based on 702 sessions

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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


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

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New post 30 Jul 2018, 05:11
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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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Re: The annual profit or loss for the three divisions of Company T for the  [#permalink]

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New post 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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New post 10 Aug 2018, 18:49
Bunuel wrote:
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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


Let’s analyze the answer choices.

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)

Answer: 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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New post 06 Sep 2018, 07:25
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Just to make it a little simple, took it in multiples of 10.

Option A : 11 - 34 + 19 = 4
Option B : -34 + 19 + 20 = 5
Option C : 23 − 55 + 45 = 13
Option D : −45 + 39 −29 = - 35
Option E : −66 + 53 + 11 = -2

Hence 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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New post 17 Sep 2018, 11:09
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Option E is the correct answer.
Kindly update the OA. Thanks.
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Re: The annual profit or loss for the three divisions of Company T for the  [#permalink]

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New post 17 Sep 2018, 20:43
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Re: The annual profit or loss for the three divisions of Company T for the  [#permalink]

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New post 14 Nov 2018, 11:22
This question needs calculation , takeaway from this question is to increase the speed of calculation
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Re: The annual profit or loss for the three divisions of Company T for the  [#permalink]

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New post 12 Jan 2019, 05:26
blitzkriegxX wrote:
Just to make it a little simple, took it in multiples of 10.

Option A : 11 - 34 + 19 = 4
Option B : -34 + 19 + 20 = 5
Option C : 23 − 55 + 45 = 13
Option D : −45 + 39 −29 = - 35
Option E : −66 + 53 + 11 = -2

Hence E



I appreciate this approach vary vary usfulle
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Re: The annual profit or loss for the three divisions of Company T for the   [#permalink] 12 Jan 2019, 05:26
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