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The table above shows the percent of change from the previous month in Company \(X\)'s sales for February through June

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The table above shows the percent of change from the previous month in Company \(X\)'s sales for February through June

by M7MBA » Wed Jun 24, 2020 6:51 am

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2019-09-21_1849.png
The table above shows the percent of change from the previous month in Company \(X\)'s sales for February through June of last year. A positive percent indicates that Company \(X\)'s sales for that month increased from the sales for the previous month, and a negative percentage indicates that Company \(X\)'s sales for that month decreased from the sales for the previous month. For which month were the sales closest to the sales in January?

A. February
B. March
C. April
D. May
E. June


[spoiler]OA=D[/spoiler]

Source: Official Guide
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Re: The table above shows the percent of change from the previous month in Company \(X\)'s sales for February through Ju

by Jay@ManhattanReview » Thu Jun 25, 2020 10:13 pm
M7MBA wrote: ↑
Wed Jun 24, 2020 6:51 am
 2019-09-21_1849.png

The table above shows the percent of change from the previous month in Company \(X\)'s sales for February through June of last year. A positive percent indicates that Company \(X\)'s sales for that month increased from the sales for the previous month, and a negative percentage indicates that Company \(X\)'s sales for that month decreased from the sales for the previous month. For which month were the sales closest to the sales in January?

A. February
B. March
C. April
D. May
E. June

[spoiler]OA=D[/spoiler]

Source: Official Guide
Say the sales in January is $100.

As per January sales figures, let's calculate the sales figures for other months.

A. February: 100 + 5% of 100 = $105

B. March: 105 – 15% of 105 = ~$95

C. April: ~95 + 20% of 95 = ~$115

D. May: ~115 – 10% of 115 = ~$100, the correct answer.

E. June

Correct answer: D

Hope this helps!

-Jay
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