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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