Hi this may seem like a basic question but i had a real hard time solving it. based on the chart i thought the answer should be:
calc top 5 rev:
in 2009 :74b*.48=35.52b
in 2003: 38b*.32=12.16b
so the increase should be: (35.32-12.16)/12.16=190%
so i thought C is the right answer, but the answer key shows that the right answer should b D. Can anyone help me understand how D is the right answer? thanks so much!
Your calculation logic is correct.
I suppose the flaw is in the language/semantics. Here are some variations that could prove both answers:
Hi there,
I actually 100% agree with you! I got the exact same number with the exact same logic.
The only thing I can think of is if the RHS chart relates to only 1 of the 2 markets on the left?
Otherwise, the example question answer is wrong imo!
The answer key is wrong. The right answer is C.
Expert case by