alleryPrice falls 10%; quantity sold rises 20%. Revenue changes by
A10% increase
B8% increase
C2% decrease
D12% decrease
Answer & Solution
Correct answer: B. 8% increase
Revenue is multiplied by 0.90 times 1.20, or 1.08, so it increases by 8%.
Keep practising Data Interpretation
Browse all Data Interpretation questions for GMAT, or explore more Reasoning topics.
Related questions
Sales start A:B = 2:3. A grows 20%, B grows 10%. Combined growth?30% of 500 staff are women; 40% of those women supervise. How many?The pass rate rises from 40% to 50%. What is its relative increase?Orders fell 25%. What rise from the new level restores the old level?Costs rose 20% to Rs 144 lakh. What were the original costs?8 bills average Rs 450. Rs 720 was entered as Rs 270. Correct mean?20 sacks average 25 kg; 30 average 30 kg. Combined mean mass?Pass rates: 60% of 100 trainees; 75% of 200. Overall pass rate?