A company sells two products, L and M. Last year, seventy percent of the units sold were product L, and...

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GMAT Paper Tests

A company sells two products, L and M. Last year, seventy percent of the units sold were product L, and the price of product L was 25 percent greater than the price of product M. Approximately what percent of the total revenue the company received last year was from the sale of product L?

A. 15%
B. 25%
C. 35%
D. 65%
E. 74%

OA E
Source: — Problem Solving |