Can you explain the solution please...

Sorry was princeton not kaplan

OE

First, find the total U.S. production of golf goods in 2008. Calculate the percent change from 1994 to 2001 using the percent change formula.

Values of 3,770 for Xpresent and 2,691 for Xpast. The percent change from 1994 to 2001 was 40.1%.

Multiply the 2001 value by 40.1% and add that to the original value to find the 2008 production value of 5,282. Next, figure out the percentage of 2008 production that could be from balls, bags and training aids. In 2001, those three categories together made up 17% + 7% + 4% = 28% of production. If each category’s share of total production increased between one and five percentage points, the minimum the three categories together could have grown is 3%, and the maximum they could have grown is 15%. So, the minimum percent of production they represent in 2008 is 28% + 3% = 31%, and the maximum is 28% + 15% = 43%. The minimum production value they represent then is 31% × 5,282 = 1,637, and the maximum is 43% × 5282 = 2,271. Correct choices (C) and (D) are the only answers that fall in that range.

Yup, answer is (C) and (D) if the Xpresent value is taken as 3770. It is mentioned as 3370 in the posted image graph, then the answer comes out to (A) and (B)

Values of 3,770 for Xpresent and 2,691 for Xpast. The percent change from 1994 to 2001 was 40.1%.


Can you please explain how the percent change from 1994 to 2001 was 40.1%

\(\frac{3770-2691}{2691} \approx 40.1\)

But the value for 2001 is 3370 not 3770. So the percent change should be (3370-2691)/2691 = 25.23%