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Source: Magoosh
The following tables show the revenues and costs, in thousands of dollars, for a small company in the year 2007
Profit = Revenue - Costs. If costs remain constant from 2007 to 2008, and if revenues increase by 10% in that same period, by what percent will profits increase from 2007 to 2008?
A. 11.6%
B. 25.8%
C. 34.7%
D. 71.2%
E. 116.3%
The OA is C
The following tables show the revenues and costs, in thousands of dollars, for a small company in the year 2007
Profit = Revenue - Costs. If costs remain constant from 2007 to 2008, and if revenues increase by 10% in that same period, by what percent will profits increase from 2007 to 2008?
A. 11.6%
B. 25.8%
C. 34.7%
D. 71.2%
E. 116.3%
The OA is C

















