GRE Prep Club Daily Prep
Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.
Customized
for You
Track
Your Progress
Practice
Pays
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
During the first quarter last year, this particular grocery store was
[#permalink]
30 Dec 2022, 13:29
30 Dec 2022, 13:29
Expert Reply
1
Bookmarks
00:00
Question Stats:
0% (00:00) correct
0% (00:00) wrong based on 0 sessions
Hide Show timer Statistics
The following pie chart shows the breakdown of revenues for a particular grocery store over the first quarter of last year. The bar chart shows the detail of breakdown for frozen foods.
During the first quarter last year, this particular grocery store was finishing its construction of an expanded bakery facility, which, when opened at the beginning the second quarter, will offer dozens of new cakes and pies, a whole new line of pastries, and several flavors of gourmet coffee. In the first quarter, bakery sales represented 6% of total profits. Assume that in the second quarter, the bakery sales triple, and all other sale stay the same. Bakery would then account for what percentage of total sales in the second quarter?
(A) 8.7%
(B) 12%
(C) 16.1%
(D) 18%
(E) 25.3%
During the first quarter last year, this particular grocery store was finishing its construction of an expanded bakery facility, which, when opened at the beginning the second quarter, will offer dozens of new cakes and pies, a whole new line of pastries, and several flavors of gourmet coffee. In the first quarter, bakery sales represented 6% of total profits. Assume that in the second quarter, the bakery sales triple, and all other sale stay the same. Bakery would then account for what percentage of total sales in the second quarter?
(A) 8.7%
(B) 12%
(C) 16.1%
(D) 18%
(E) 25.3%
Re: During the first quarter last year, this particular grocery store was
[#permalink]
10 Feb 2023, 12:50
10 Feb 2023, 12:50
Expert Reply
OE
This is a tricky question because there’s a tempting wrong answer. The bakery accounts for 6% of the total sales in first quarter, so if you triple that, it’s 18%, right? Not quite! The new amount would be 18% of the total sales in the first quarter, but we want to know what percent it would be of the total sales in the second quarter. That’s a new total because, even though everything else stayed the same, bakery sales increased. We don’t need to consider the actual numbers; we can just work with the percents. Bakery sales triple from 6% to 18%—that’s the new “part.” Since the bakery goes up 12% from 6% to 18%, and all other sales stay the same, the new total is 112%—that’s the new “whole.”
18/112=16.07
C is the answer
This is a tricky question because there’s a tempting wrong answer. The bakery accounts for 6% of the total sales in first quarter, so if you triple that, it’s 18%, right? Not quite! The new amount would be 18% of the total sales in the first quarter, but we want to know what percent it would be of the total sales in the second quarter. That’s a new total because, even though everything else stayed the same, bakery sales increased. We don’t need to consider the actual numbers; we can just work with the percents. Bakery sales triple from 6% to 18%—that’s the new “part.” Since the bakery goes up 12% from 6% to 18%, and all other sales stay the same, the new total is 112%—that’s the new “whole.”
18/112=16.07
C is the answer
Re: During the first quarter last year, this particular grocery store was
[#permalink]
27 Nov 2024, 03:16
27 Nov 2024, 03:16
Hello from the GRE Prep Club BumpBot!
Thanks to another GRE Prep Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).
Want to see all other topics I dig out? Follow me (click follow button on profile). You will receive a summary of all topics I bump in your profile area as well as via email.
Thanks to another GRE Prep Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).
Want to see all other topics I dig out? Follow me (click follow button on profile). You will receive a summary of all topics I bump in your profile area as well as via email.
