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QOTD#18 Production of golf equipment
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Updated on: 29 Mar 2019, 11:29
Updated on: 29 Mar 2019, 11:29
Expert Reply
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Question Stats:
100% (03:56) correct
0% (00:00) wrong based on 5 sessions
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#GREpracticequestion In 1994, the value of clubs produced.jpg [ 107.48 KiB | Viewed 4174 times ]
In 1994, the value of clubs produced in the United States was approximately what percent of the value of golf equipment and supplies produced in the world?
A. 33%
B. 25%
C. 16%
D. 13%
E. 9%
In 1994, the total production for golf equipment and supplies from which country was nearest in value to the combined production of balls, bags, and gift items in the United States in the same year?
A. Japan
B. North Korea
C. Germany
D. Great Britain
E. Canada
From 1996 to 1998, the value of golf equipment and supplies produced by South Korea increased by approximately what percent?
A. 1%
B. 7%
C. 16%
D. 19%
E. 27%
A. 33%
B. 25%
C. 16%
D. 13%
E. 9%
Show: :: OA
C
In 1994, the total production for golf equipment and supplies from which country was nearest in value to the combined production of balls, bags, and gift items in the United States in the same year?
A. Japan
B. North Korea
C. Germany
D. Great Britain
E. Canada
Show: :: OA
A
From 1996 to 1998, the value of golf equipment and supplies produced by South Korea increased by approximately what percent?
A. 1%
B. 7%
C. 16%
D. 19%
E. 27%
Show: :: OA
D
Drill 2
Question: 11, 12, 13
Page: 465-466
Question: 11, 12, 13
Page: 465-466
Re: QOTD#18 Production of golf equipment
[#permalink]
05 Dec 2016, 16:08
05 Dec 2016, 16:08
Expert Reply
Explanation
11. Option C is correct. Avoid the temptation to work this problem in dollars—you can save considerable effort by dealing directly with the percentages. The pie chart for 1994 shows that clubs made up 25% of the total U.S. production, and the table shows that the United States accounted for 62.3% of the total world production; 25% (or \(\frac{1}{4}\)) of 62.3% is 15.575%, which is closest to choice (C), 16%.
12. Option A is correct. Start by adding the appropriate percentages from the pie chart for 1994: 16% (balls) + 7% (bags) + 3% (gift items) = 26%. Next, find the percentage for the United States total for that year: 26% of $2,691 million is $699.66 million. Finally, find the value in the chart that is nearest
$699.66 million—Japan, at $678 million, is the closest.
13. Option D is correct. For this problem, be sure to get the correct dollar values from the chart and to use the percent change formula: \(\frac{difference}{original}*100\). Because the increase was from $384 million in 1996 to $457 million in 1998, the difference is $73 million; \(\frac{73}{384}*100\) reduces to 19.01%. The answer is choice (D). If you got choice (C), you may have mistakenly used the ending value, $457 million, in place of the original value.
11. Option C is correct. Avoid the temptation to work this problem in dollars—you can save considerable effort by dealing directly with the percentages. The pie chart for 1994 shows that clubs made up 25% of the total U.S. production, and the table shows that the United States accounted for 62.3% of the total world production; 25% (or \(\frac{1}{4}\)) of 62.3% is 15.575%, which is closest to choice (C), 16%.
12. Option A is correct. Start by adding the appropriate percentages from the pie chart for 1994: 16% (balls) + 7% (bags) + 3% (gift items) = 26%. Next, find the percentage for the United States total for that year: 26% of $2,691 million is $699.66 million. Finally, find the value in the chart that is nearest
$699.66 million—Japan, at $678 million, is the closest.
13. Option D is correct. For this problem, be sure to get the correct dollar values from the chart and to use the percent change formula: \(\frac{difference}{original}*100\). Because the increase was from $384 million in 1996 to $457 million in 1998, the difference is $73 million; \(\frac{73}{384}*100\) reduces to 19.01%. The answer is choice (D). If you got choice (C), you may have mistakenly used the ending value, $457 million, in place of the original value.
Re: QOTD#18 Production of golf equipment
[#permalink]
29 Mar 2019, 11:02
29 Mar 2019, 11:02
sandy wrote:
Explanation
11. Option C is correct. Avoid the temptation to work this problem in dollars—you can save considerable effort by dealing directly with the percentages. The pie chart for 1994 shows that clubs made up 25% of the total U.S. production, and the table shows that the United States accounted for 62.3% of the total world production; 25% (or \(\frac{1}{4}\)) of 62.3% is 15.575%, which is closest to choice (C), 16%.
12. Option A is correct. Start by adding the appropriate percentages from the pie chart for 1994: 16% (balls) + 7% (bags) + 3% (gift items) = 26%. Next, find the percentage for the United States total for that year: 26% of $2,691 million is $699.66 million. Finally, find the value in the chart that is nearest
$699.66 million—Japan, at $678 million, is the closest.
13. Option D is correct. For this problem, be sure to get the correct dollar values from the chart and to use the percent change formula: \(\frac{difference}{original}*100\). Because the increase was from $384 million in 1996 to $457 million in 1998, the difference is $73 million; \(\frac{73}{384}*100\) reduces to 19.01%. The answer is choice (D). If you got choice (C), you may have mistakenly used the ending value, $457 million, in place of the original value.
11. Option C is correct. Avoid the temptation to work this problem in dollars—you can save considerable effort by dealing directly with the percentages. The pie chart for 1994 shows that clubs made up 25% of the total U.S. production, and the table shows that the United States accounted for 62.3% of the total world production; 25% (or \(\frac{1}{4}\)) of 62.3% is 15.575%, which is closest to choice (C), 16%.
12. Option A is correct. Start by adding the appropriate percentages from the pie chart for 1994: 16% (balls) + 7% (bags) + 3% (gift items) = 26%. Next, find the percentage for the United States total for that year: 26% of $2,691 million is $699.66 million. Finally, find the value in the chart that is nearest
$699.66 million—Japan, at $678 million, is the closest.
13. Option D is correct. For this problem, be sure to get the correct dollar values from the chart and to use the percent change formula: \(\frac{difference}{original}*100\). Because the increase was from $384 million in 1996 to $457 million in 1998, the difference is $73 million; \(\frac{73}{384}*100\) reduces to 19.01%. The answer is choice (D). If you got choice (C), you may have mistakenly used the ending value, $457 million, in place of the original value.
For the first question the answer is C but you put the OA as A...
