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The table below represents the combined net income of all United State

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Joined: 02 Sep 2009
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The table below represents the combined net income of all United State  [#permalink]

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New post 08 Oct 2018, 02:39
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  45% (medium)

Question Stats:

63% (01:52) correct 37% (01:36) wrong based on 58 sessions

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The table below represents the combined net income of all United States companies in each of five sectors for the second quarter of 1996. Which sector had the greatest net income during the first quarter of 1996?


(A) Basic Materials

(B) Energy

(C) Industrial

(D) Utilities

(E) Conglomerates

Attachment:
sk-443-image-1.png
sk-443-image-1.png [ 46.6 KiB | Viewed 757 times ]

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Re: The table below represents the combined net income of all United State  [#permalink]

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New post 08 Oct 2018, 03:34
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Bunuel wrote:
Image
The table below represents the combined net income of all United States companies in each of five sectors for the second quarter of 1996. Which sector had the greatest net income during the first quarter of 1996?


(A) Basic Materials

(B) Energy

(C) Industrial

(D) Utilities

(E) Conglomerates

Attachment:
sk-443-image-1.png


Income in first quarter
Basic Materials => .74x=4.83 => x = 6.4
Energy => 1.4x=7.46 => x= 5.3
Industrial is 1% change so ~5
Utilities is 303% < Basic Material
Conglomerates => 1.1x=2.07 < Basic Materials

Therefore
A
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The table below represents the combined net income of all United State  [#permalink]

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New post 08 Oct 2018, 05:09
Bunuel wrote:
Image
The table below represents the combined net income of all United States companies in each of five sectors for the second quarter of 1996. Which sector had the greatest net income during the first quarter of 1996?


(A) Basic Materials

(B) Energy

(C) Industrial

(D) Utilities

(E) Conglomerates

Attachment:
sk-443-image-1.png



rounding numbers for easy calculations is good idea :)

A. Second quarter 4.5 %
%change - 25
Then first quarter 6 %
But If second quarter is 4.83, then first quarter is more than 6

B. Second quarter 7.46
Change 40
If first quarter is 5 then then second quarter is 7. But if second quarter is 7.45, then first quarter is a bit more than 5

C. second quarter 5
change -1%
0.99x =5
First quarter a bit more than 5

D. second quarter 8.57
Percent change from 1st quarter +303%
If first quarter is 2, then second quarter will 8
But since second quarter is more 8.57, then first quarter is a bit more than 2

E. second quarter $2.07
Percent change from 1st quarter +10%
it can clearly be seen tha first quarter is less than 2
2.07=1.1x

hence A
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The table below represents the combined net income of all United State   [#permalink] 08 Oct 2018, 05:09
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The table below represents the combined net income of all United State

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