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The following tables show the revenues and costs, in thousands of

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The following tables show the revenues and costs, in thousands of [#permalink]

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New post 24 Jan 2018, 23:55
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The following tables show the revenues and costs, in thousands of dollars, for a small company in the year 2007.

Image

Investments and Subsidiary revenues combined constitute what percent of total revenue?

A. 5.0%
B. 14.2%
C. 22.6%
D. 28.4%
E. 39.9%

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Re: The following tables show the revenues and costs, in thousands of [#permalink]

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New post 25 Jan 2018, 02:05
Bunuel wrote:
The following tables show the revenues and costs, in thousands of dollars, for a small company in the year 2007.

Image

Investments and Subsidiary revenues combined constitute what percent of total revenue?

A. 5.0%
B. 14.2%
C. 22.6%
D. 28.4%
E. 39.9%


The percentage that the investment and subsidiary revenues combined
to the total is \(\frac{246+53}{1052} * 100 = \frac{299}{1052}*100\)

Approximations work best for these kind of problems
This is approximately \(\frac{300}{1050}*100 = \frac{6}{21}*100\) which is around 30%! The closest answer is Option D(28.4%)

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Re: The following tables show the revenues and costs, in thousands of [#permalink]

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New post 25 Jan 2018, 04:47
Bunuel wrote:
The following tables show the revenues and costs, in thousands of dollars, for a small company in the year 2007.

Image

Investments and Subsidiary revenues combined constitute what percent of total revenue?

A. 5.0%
B. 14.2%
C. 22.6%
D. 28.4%
E. 39.9%


Note that Investments+Subsidiary is a bit less than 300 while total is a bit more than 1000.
So they make up a bit less than 30%.
Answer (D)
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Re: The following tables show the revenues and costs, in thousands of [#permalink]

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New post 29 Jan 2018, 10:37
Bunuel wrote:
The following tables show the revenues and costs, in thousands of dollars, for a small company in the year 2007.

Image

Investments and Subsidiary revenues combined constitute what percent of total revenue?

A. 5.0%
B. 14.2%
C. 22.6%
D. 28.4%
E. 39.9%


Total revenue is 753 + 53 + 246 =1052.

Investments and subsidiaries is 53 + 246 = 299 or about 300.

So Investments and Subsidiary revenues combined constitute 299/1052 = 0.284, or 28.4% of total revenue.

Answer: D
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Re: The following tables show the revenues and costs, in thousands of   [#permalink] 29 Jan 2018, 10:37
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