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Sofas revenue

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Master | Next Rank: 500 Posts
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by mjjking » Thu Mar 26, 2009 10:28 am
thanks
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REAL THING 1 (AUG 2007): 680 (Q43, V40)
REAL THING 2 (APR 2009): 720 (Q47, V41)
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by goelmohit2002 » Fri Mar 27, 2009 12:04 am
IMO "E".

take an example.

Case1.
Last year = 100 sofas at 25 dollars each.
Total revenue = 2500 dollars.
This year after combining 1 and 2.
No. of sofas = 110. Price per sofa = 55
Total Revenue = 6050.
Percent increase = ((6050-2500)/2500)*100

Case1.
Last year = 100 sofas at 35 dollars each.
Total revenue = 3500 dollars.
This year after combining 1 and 2.
No. of sofas = 110. Price per sofa = 65
Total Revenue = 7150.
Percent increase = ((7150-3500)/3500)*100


Since No definite answer, so "E".
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