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In 2008, Company A had a total profit of $220 million. If half of the

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In 2008, Company A had a total profit of $220 million. If half of the [#permalink] New post   27 Jan 2022, 23:02
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In 2008, Company A had a total profit of $220 million. If half of the customers who switched to Company A were responsible for half of the profit for Plan X, how much did those customers contribute per person toward Company A’s profit for the year?

A $1.10
B $13.75
C $20.25
D $27.50
E $55.00
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B
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DarlinDolly
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Re: In 2008, Company A had a total profit of $220 million. If half of the [#permalink] New post   11 Feb 2022, 12:00
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220×.25 = 55

55/2 = 27.5

27.5/4 = 3.43 million

The answer didn't say how much per person...

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shwetad23
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Re: In 2008, Company A had a total profit of $220 million. If half of the [#permalink] New post   22 Feb 2022, 05:25
How is half of the customers who switched to Company A are calculated ?

According to me there are a total of 26 M ( 4M + .5M + 6+6...) who switched from B To A , and half of that is 13 M ...
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Re: In 2008, Company A had a total profit of $220 million. If half of the [#permalink] New post   22 Feb 2022, 06:44
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I believe the question is a bit ambiguous.

First of all we are talking about ONLY year 2008 NOT all the curve and its changing over time

However, the stem says

If half of the customers who switched to Company A

usually, this means that we had a number X and the new number is Y so the difference is the number of customers who went from B to A

But the question accounts for ONLy the end value , which is 4

The pie chart shows the breakdown of profit from the various plans offered and indicates that 25 percent of the profit came from Plan X.
Plan X accounts for 25 percent of $220 million 5 $55 million. Half of $55 million is $27.5 million.

Divide $27.5 by 2 : $27.5 / 2 = $13.75. The correct choice is (B)
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mrunal2148
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Re: In 2008, Company A had a total profit of $220 million. If half of the [#permalink] New post   13 Oct 2023, 20:46
shwetad23 wrote:
How is half of the customers who switched to Company A are calculated ?

According to me there are a total of 26 M ( 4M + .5M + 6+6...) who switched from B To A , and half of that is 13 M ...


from the graph. half of 4 = 2
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Re: In 2008, Company A had a total profit of $220 million. If half of the [#permalink] New post   13 Oct 2023, 20:47
220 * 0.125 / 2
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Re: In 2008, Company A had a total profit of $220 million. If half of the [#permalink] New post   12 Nov 2023, 19:54
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ans:B
total 220M from second graph, plan x= 25% so half profit 25/2=12.5%, so it profit .125 x 220/(2 million )= 13.75
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