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If, in Year 3, Consultancies A to D represent 60% of the marketplace by value of sales, what is the value of the marketplace excluding Consultancies A-E?

        A.  4.0 million

        B.  4.1 million

        C.  4.2 million

        D.  4.3 million

        E.  Can’t tell from the data

Answer: B

Explanation:

Step 1 – Calculate the total sales for Consultancies A to D in Year 3 26 + 28 + 30 + 18 = 102 Step 2 – Calculate the part of the market that excludes Consultancies A-E We are told that 102 = 60% So 100% = 102/60 x 100 = 170 Now 170 – (26 + 28 + 30 + 18 + 27) = 41 (100,000s) = 4.1 million Thus the correct answer is (B), 4.1 million

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Next year, which company is projecting the smallest percentage change in its turnover?

        A.  Consultancy A

        B.  Consultancy B

        C.  Consultancy C

        D.  Consultancy D

        E.  Consultancy E

Answer: A

Explanation:

Step 1 – Calculate the % increase in turnover projected for each company Consultancy A: 2 / 24 x 100% = 8.3% Consultancy B: 9 / 35 x 100% = 25.7% Consultancy C: 11 / 24 x 100% = 45.8% Consultancy D: 2 / 22 x 100% = 9% Consultancy E: 4 / 26 x 100% = 15.4% Tip: just by inspecting the data you could probably see that the answer is going to be either Consultancy A or D, so you could save time by calculating just these. Thus the correct answer is (A), Consultancy A

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What is the difference in value between total sales for IPods compared to cameras?

        A.  £912,000

        B.  £812,000

        C.  £712,000

        D.  £612,000

        E.  £512,000

Answer: D

Explanation:

Step 1 – Calculate the total sales for IPods £852,000 + £644,000 + (18% x £250,000) = £1,541,000 Step 2 – Calculate the total sales for cameras £336,000 + £553,000 + (16% x £250,000) = £929,000 Step 3 – Calculate the difference £1,541,000 - £929,000 = £612,000 Thus the correct answer is (D), £612,000

nnpc

If the High Street and Catalogue sales of DVD Players had been made online, what % of total Online sales would DVD Players represent?

        A.  28%

        B.  30%

        C.   32%

        D.  34%

        E.  36%

Answer: E

Explanation:

Step 1 – Calculate the value of catalogue sales of DVDs £250,000 x 12% = £30,000 Step 2 – Sum the High Street and catalogue sales of DVD players £30,000 + £483,000 = £513,000 Step 3 – Calculate the % of DVD player sales that are online £808,000 + £513,000 / (£852,000 + £808,000 + £513,000 + £553,000 + £325,000 + £575,000) = £1,321,000 / £3,626,000 Thus the correct answer is (E), 36%


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