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06 Mar 2020, 05:14
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A
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
35%
(medium)
Question Stats:
74% (01:42) correct
26%
(01:41)
wrong
based on 353
sessions
History
Date
Time
Result
Not Attempted Yet
Company X has exactly two product lines and no other sources of revenue. If the consumer product line experiences a k% increase in revenue (where k is a positive integer) in 2015 from 2014 levels and the machine parts line experiences a k% decrease in revenue in 2015 from 2014 levels, did Company X’s overall revenue increase or decrease in 2015 ?
(1) In 2014, the consumer products line generated more revenue than the machine parts line.
(2) k = 8
(1) In 2014, the consumer products line generated more revenue than the machine parts line.
(2) k = 8
Company M has exactly two product lines and no other sources of revenue. If the consumer product line experienced a k% increase in the annual revenue (where k is a positive integer) from 2014 to 2015, and the machine product line experienced a k% decrease in the annual revenue (where k is a positive integer) from 2014 to 2015, did Company M's annual revenue increase in 2015?
(1) In 2014, the consumer product line generated less revenue than the machine product line.
(2) k = 10
(1) In 2014, the consumer product line generated less revenue than the machine product line.
(2) k = 10
04 Jun 2020, 06:26
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Hope that this explanation helps (PS: please excuse my handwriting of course 
)
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General Discussion
06 Mar 2020, 05:20
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Bunuel
Question: Is k% of Product line revenue < k% of Machine parts line revenue ?
Question REPHRASED: Is Product line revenue < Machine parts line revenue ?
Statement 1: In 2014, the consumer products line generated more revenue than the machine parts line.
SUFFICIENT
Statement 2: k = 8
NOT SUFFICIENT
Answer: Option A
