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In 2011, it cost Tammy $1.30 to manufacture each copy of her
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16 Jul 2019, 10:51
16 Jul 2019, 10:51
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76% (00:56) correct
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In 2011, it cost Tammy $1.30 to manufacture each copy of her magazine, which she sold for $2.30. In 2012, it cost Tammy $1.50 to manufacture each copy of the same magazine, which she sold for $3.00.
A)The quantity in Column A is greater.
B)The quantity in Column B is greater.
C)The two quantities are equal.
D)The relationship cannot be determined from the information given.
Quantity A |
Quantity B |
The percent by which Tammy’s profit per copy of the magazine changed from 2011 to 2012. |
\(33 \frac{1}{3}\)% |
A)The quantity in Column A is greater.
B)The quantity in Column B is greater.
C)The two quantities are equal.
D)The relationship cannot be determined from the information given.
Re: In 2011, it cost Tammy $1.30 to manufacture each copy of her
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12 Sep 2019, 20:43
12 Sep 2019, 20:43
2
In 2011, manufacturing price = $1.30
In 2011, selling price = $2.30
In 2012, manufacturing cost = $1.50
In 2012, selling price = $3.00
Profit per copy in 2011 = $1
Profit per copy in 2012 = $1.50
Percentage change = 0.5/1*100=50
Hence, quantity A is greater.
In 2011, selling price = $2.30
In 2012, manufacturing cost = $1.50
In 2012, selling price = $3.00
Profit per copy in 2011 = $1
Profit per copy in 2012 = $1.50
Percentage change = 0.5/1*100=50
Hence, quantity A is greater.
Re: In 2011, it cost Tammy $1.30 to manufacture each copy of her
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24 Apr 2024, 23:41
24 Apr 2024, 23:41
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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).
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