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By what percent did Company A’s revenues increase from 1980 to 1985?

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By what percent did Company A’s revenues increase from 1980 to 1985?

by BTGmoderatorDC » Thu May 04, 2023 5:57 pm

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By what percent did Company A’s revenues increase from 1980 to 1985?

(1) In 1980, Company A’s revenues were $600,000; in 1985, its revenues were $800,000.

(2) Each year from 1980 to 1985, Company A’s revenues increased by $40,000.


OA A

Source: Princeton Review
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Source: — Data Sufficiency |
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Re: By what percent did Company A’s revenues increase from 1980 to 1985?

by swerve » Sun May 07, 2023 3:32 pm

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BTGmoderatorDC wrote: ↑
Thu May 04, 2023 5:57 pm
 By what percent did Company A’s revenues increase from 1980 to 1985?

(1) In 1980, Company A’s revenues were $600,000; in 1985, its revenues were $800,000.

(2) Each year from 1980 to 1985, Company A’s revenues increased by $40,000.


OA A

Source: Princeton Review
Statement 1: \(m=\) new value \(/\) old value
\(m=8/6=1.3\)
\(1+0.3=\)
Increased by \(30\%\) sufficient. \(\Large{\color{green}\checkmark}\)

Statement 2: it has mentioned that revenue increased by \(40000\) but we don't have info about what is the (\(x\)) original amount in 1980

\(X+40,000=y\)
\(Y+40,000=\)
\(\vdots\)

Not sufficient. \(\Large{\color{red}\chi}\)

Hence, A
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