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The following chart shows the employee breakdown, number of
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11 Oct 2017, 22:02
11 Oct 2017, 22:02
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99% (02:20) correct
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The following graph shows the total revenues and total costs of QN Corporation, a publicly traded company, over the span 2007-2015. Recall that, for any year, profit = (revenue) – (cost).
1) In 2013, the dollar amount of the profit at QN Corporation was approximately which of the following?
(A) $80 million
(B) $160 million
(C) $190 million
(D) $240 million
(E) $350 million
2) From 2010 to 2015, revenue at QN Corporation increased by approximately what percent?
(A) 18%
(B) 47%
(C) 63%
(D) 84%
(E) 126%
3) From 2009 to 2010, profit at QN Corporation increased by approximately what percent?
(A) 81%
(B) 165%
(C) 300%
(D) 433%
(E) 533%
(A) $80 million
(B) $160 million
(C) $190 million
(D) $240 million
(E) $350 million
Show: :: OA
C
2) From 2010 to 2015, revenue at QN Corporation increased by approximately what percent?
(A) 18%
(B) 47%
(C) 63%
(D) 84%
(E) 126%
Show: :: OA
D
3) From 2009 to 2010, profit at QN Corporation increased by approximately what percent?
(A) 81%
(B) 165%
(C) 300%
(D) 433%
(E) 533%
Show: :: OA
D
Kudos for correct solution.
Show: ::
Attachment:
Revenue-of-QN-Corporation.jpg [ 28 KiB | Viewed 11797 times ]
Re: The following chart shows the employee breakdown, number of
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15 Oct 2017, 01:17
15 Oct 2017, 01:17
1
Q1: If we subtract the value of the costs from the revenues in 2013 we get the amount of profits in 2013. Thus, we have 350-160 = 190 million (C)
Q2: The percentage increase in revenues from 2010 to 2015 is computed as (460-250/250)*100 = 84%. (D)
Q3: The percentage increase in profits from 2009 to 2010 requires first the computation of profits as 110-80 = 30 in 2009 and 250-90 = 160 in 2010. Then, the percentage increase is (160-30/30)*100 = 433.33% (D)
Q2: The percentage increase in revenues from 2010 to 2015 is computed as (460-250/250)*100 = 84%. (D)
Q3: The percentage increase in profits from 2009 to 2010 requires first the computation of profits as 110-80 = 30 in 2009 and 250-90 = 160 in 2010. Then, the percentage increase is (160-30/30)*100 = 433.33% (D)
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