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The central banker of Country X predicts that, next year, exports of a
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04 Oct 2021, 08:52
04 Oct 2021, 08:52
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The central banker of Country X predicts that, next year, exports of agricultural goods will increase by 20 percent and exports of industrial goods will increase by 25 percent. This year, total exports of agricultural goods were $9.9 million and exports of
industrial goods were $24 million. According to the central banker’s prediction, what will be next year’s total of agricultural and industrial exports?
(A) $40,680,000
(B) $41,175,000
(C) $41,527,500
(D) $41,880,000
(E) $42,375,000
industrial goods were $24 million. According to the central banker’s prediction, what will be next year’s total of agricultural and industrial exports?
(A) $40,680,000
(B) $41,175,000
(C) $41,527,500
(D) $41,880,000
(E) $42,375,000
Re: The central banker of Country X predicts that, next year, exports of a
[#permalink]
04 Oct 2021, 10:11
04 Oct 2021, 10:11
1
Carcass wrote:
The central banker of Country X predicts that, next year, exports of agricultural goods will increase by 20 percent and exports of industrial goods will increase by 25 percent. This year, total exports of agricultural goods were $9.9 million and exports of
industrial goods were $24 million. According to the central banker’s prediction, what will be next year’s total of agricultural and industrial exports?
(A) $40,680,000
(B) $41,175,000
(C) $41,527,500
(D) $41,880,000
(E) $42,375,000
industrial goods were $24 million. According to the central banker’s prediction, what will be next year’s total of agricultural and industrial exports?
(A) $40,680,000
(B) $41,175,000
(C) $41,527,500
(D) $41,880,000
(E) $42,375,000
This year : Agri goods = $9.9 mil
Indus. goods = $24 mil
Next year : Agri goods = $9.9 mil * 1.20 (due to 20% increase)
Indus. goods = $24 * 1.25 (due to 25% increase)
total = 9.9*1.2 + 24*1.25 = $41.88 mil
Answer is D)
gmatclubot
Re: The central banker of Country X predicts that, next year, exports of a [#permalink]
04 Oct 2021, 10:11
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