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by radhika1306 » Thu Aug 30, 2007 9:12 am
34. A certain company that sells only cars and trucks reported that revenues from car sales in 1997 were down 11 percent from 1996 and revenues from truck sales in 1997 were up 7 percent from 1996. If total revenues from car sales and truck sales in 1997 were up 1 percent from 1996, what is the ratio of revenue from car sales in 1996 to revenue from truck sales in 1996?

(A) 1: 2
(B) 4: 5
(C) 1: 1
(D) 3: 2
(E) 5: 3
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Source: — Problem Solving |

by givemeanid » Thu Aug 30, 2007 10:24 am
Its quicker to plug in choices into a weighted average equation.

A. (-11*1 + 7*2) / (1+2) = +1%
Bingo!
So It Goes
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by radhika1306 » Thu Aug 30, 2007 12:02 pm
thanks
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by tanyajoseph » Sat Sep 01, 2007 12:54 pm
givemeanid could u elaborate on the explanation please?
I am not quite sure I understood the answer :(
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