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07 Jan 2026, 22:00
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Difficulty:
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Question Stats:
83% (01:13) correct
17%
(00:44)
wrong
based on 65
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What was the percentage increase in revenue for company X between 2004 and 2006?
(1) Between 2004 and 2005, the increase was 60% and between 2005 and 2006, the increase was 25%.
(2) Revenue was $100 million in 2003 and $400 million in 2006. Revenue grew by the same amount every year during this period.
(1) Between 2004 and 2005, the increase was 60% and between 2005 and 2006, the increase was 25%.
(2) Revenue was $100 million in 2003 and $400 million in 2006. Revenue grew by the same amount every year during this period.
08 Jan 2026, 08:03
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Percentage increase in revenue for company X between 2004 and 2006.
Statement 1:
Between 2004 and 2005, the increase was 60% and between 2005 and 2006, the increase was 25%.
let the revenue in 2004 be A.
Revenue of 2006 = C
60% = (3/5). Increase = 1 + (3/5) = (8/5).
25% = (1/4). Increase = 1+(1/4) = (5/4).
A * (8/5)*(5/4) = C
A : C = 1:2.
100% increase in revenue.
Sufficient.
Statement 2:
Revenue was $100 million in 2003 and $400 million in 2006. Revenue grew by the same amount every year during this period.
Between 2003 and 2006, there is 3a increase amounting to ($400 - $100) = $300
3a = $300
a = $100. Each years increase is $100.
2004 = $200.
2006 = $400.
100% increase in revenue.
Sufficient.
Option D
11 Jan 2026, 09:00
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Explanation:
