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The percent change in gross profit from 2007 to 2008 is approximately
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29 Apr 2024, 05:09
29 Apr 2024, 05:09
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Question Stats:
11% (02:31) correct
88% (02:34) wrong based on 9 sessions
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The percent change in gross profit from 2007 to 2008 is approximately what percent greater than the percent change in gross profit from 2008 to 2009?
A. 500%
B. 600%
C. 1,500%
D. 1,600%
E. 1,700%
Re: The percent change in gross profit from 2007 to 2008 is approximately
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15 May 2024, 01:01
15 May 2024, 01:01
1
profit
2007 =3
2008 = 14
2009 = 11
pct change
2008 = 466%
2009 = -22%
466 * 100/22 = 2218%
appx 1700%
seems too far fetched
2007 =3
2008 = 14
2009 = 11
pct change
2008 = 466%
2009 = -22%
466 * 100/22 = 2218%
appx 1700%
seems too far fetched
Re: The percent change in gross profit from 2007 to 2008 is approximately
[#permalink]
04 Jun 2024, 07:25
04 Jun 2024, 07:25
1
PROFIT= revenue-expense
2007 =3
2008 = 14
2009 = 11
% change
2008 = 11/3 * 100 ~ 366%
2009 = -3/14 * 100 ~ 22%
366 * 100/22 ~ 1663%
appx 1700%
2007 =3
2008 = 14
2009 = 11
% change
2008 = 11/3 * 100 ~ 366%
2009 = -3/14 * 100 ~ 22%
366 * 100/22 ~ 1663%
appx 1700%
