Last visit was: 22 Dec 2024, 03:07 It is currently 22 Dec 2024, 03:07

Close

GRE Prep Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GRE score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Close

Request Expert Reply

Confirm Cancel
SORT BY:
Date
Intern
Intern
Joined: 13 Nov 2022
Posts: 7
Own Kudos [?]: 7 [4]
Given Kudos: 1
Send PM
Verbal Expert
Joined: 18 Apr 2015
Posts: 30452
Own Kudos [?]: 36812 [0]
Given Kudos: 26098
Send PM
Intern
Intern
Joined: 18 Jul 2023
Posts: 16
Own Kudos [?]: 1 [0]
Given Kudos: 153
Send PM
Verbal Expert
Joined: 18 Apr 2015
Posts: 30452
Own Kudos [?]: 36812 [0]
Given Kudos: 26098
Send PM
Re: What was the percentage profit on sales, of a Company XYZ, in the year [#permalink]
Expert Reply
I interpret the question in this way

what is the % of the profits when they are > of the sales. The only value we have is in the upper zone of the graph. the last two dots

we also need to equalize thousands with millions but the same calculation could be performed in the other way

Or the profits are 1.8 and the sales are 1.6

Or the profits are 4.5 and the sales 4.

regardless the mark up is 0.125 which is over a full % (100) 0.25

B is the answer in my view but the wording is not the best
Intern
Intern
Joined: 10 Jul 2024
Posts: 3
Own Kudos [?]: 1 [0]
Given Kudos: 0
Send PM
Re: What was the percentage profit on sales, of a Company XYZ, in the year [#permalink]
I don't understand how it is 25%? because the profit is 40% of the sales in this context.
Verbal Expert
Joined: 18 Apr 2015
Posts: 30452
Own Kudos [?]: 36812 [0]
Given Kudos: 26098
Send PM
Re: What was the percentage profit on sales, of a Company XYZ, in the year [#permalink]
Expert Reply
Attachment:
screenshot.2472.jpg
screenshot.2472.jpg [ 44.65 KiB | Viewed 426 times ]


The red is the portion of the graph you should look at

The difference in % of profit on sales is 25%

I also explained above https://gre.myprepclub.com/forum/what-w ... ml#p115300
Moderators:
GRE Instructor
88 posts
GRE Forum Moderator
37 posts
Moderator
1115 posts
GRE Instructor
234 posts

Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne