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Updated on: 03 Dec 2023, 02:08
Originally posted by Sajjad1994 on 02 Mar 2021, 23:30.
Last edited by BottomJee on 03 Dec 2023, 02:08, edited 2 times in total.
Last edited by BottomJee on 03 Dec 2023, 02:08, edited 2 times in total.
Moved to new forum
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Dropdown 1: less than
Dropdown 2: more than 25%
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
65%
(hard)
Question Stats:
60% (02:31) correct
40%
(02:40)
wrong
based on 1774
sessions
History
Date
Time
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Not Attempted Yet
The following graph shows the percent change in revenue for a manufacturing company from the years 1988 to 1994.
On the basis of the graph, please answer the questions that follow.
1. The revenue for 1994 was the revenue for 1987.
2. The revenue in 1990 was greater than the revenue in 1987.
1.jpg [ 45.86 KiB | Viewed 14310 times ]
1. The revenue for 1994 was the revenue for 1987.
2. The revenue in 1990 was greater than the revenue in 1987.
Attachment:
1.jpg [ 45.86 KiB | Viewed 14310 times ]
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Official Answer
Dropdown 1: less than
Dropdown 2: more than 25%
17 Apr 2025, 05:36
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the best method might be to use the calculator here.
1.3*.75*1.3*0.8*.85*1.2*0.9 =0.931 ; hence, less.
1.3*.75*1.3 =1.268 => 26.8%
1.3*.75*1.3*0.8*.85*1.2*0.9 =0.931 ; hence, less.
1.3*.75*1.3 =1.268 => 26.8%
General Discussion
03 Mar 2021, 07:18
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Well, I do not know whether my solution is correct.
Nevertheless, here it is.
If I take revenue for the base year (1987) to be 100 then
1988 => 130
1989 => 97.5
1990 => 126.75
1991 => 101.4
1992 => 86.19
1993 => 103.428
1994 => 93.0852
If my calculations are correct than the answers have to be
\(1)\) less than || \(2)\) more than 25% || \(3)\) 4.
Nevertheless, here it is.
If I take revenue for the base year (1987) to be 100 then
1988 => 130
1989 => 97.5
1990 => 126.75
1991 => 101.4
1992 => 86.19
1993 => 103.428
1994 => 93.0852
If my calculations are correct than the answers have to be
\(1)\) less than || \(2)\) more than 25% || \(3)\) 4.
