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Chart/ Percent Change Help

Bobbi

New member
Joined
Apr 22, 2012
Messages
9
PERCENT CHANGE IN MONTHLY* VALUE OF INVENTORY
AT SIX BUSINESSES FROM APRIL TO JUNE​
Business​
Percent Change
from April to May​
Percent Change
from May to June​
G
+6+8
K+5
M+2+12
R+8
V+140
Z+2

The table has 3 columns, and 6 rows.





*Inventory values are determined at the end of each month.


For which of the six businesses shown was the percent change in value of inventory from April to June greatest?

  • G
  • K
  • M
  • R
  • V
I know the answer is A, but I'm not sure how they got it. I keep getting C for my answer.

I know that you can eliminate answer choices B, D, and E because the have a decrease. But I am getting a 12% change for Business M and a 8% change for Business G. Showing that Choice C would be the answer and it is not. Please explain :confused:

 

biffboy

New member
Joined
May 3, 2012
Messages
21
If we have an increase of 6% followed by an increase of 8% the original gets multiplied by 1.06 and then by 1.08. So gets multiplied by 1.1448 which is an increase of 14.48%. Now see what you get for an increase of 2% followed by increase of 12%
 
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