Explanation:

Step 1 – use Manufacturer C’s 2009 total sales figure from the previous question i.e. 2,380,000 (312,500 + 396,700 + 546,300 + 595,500 + 529,000) Step 2 – put this figure into the question’s ratio Online sales + offline sales = 2,380,000 Offline sales = (2,380,000 x 7)/ (7+8) = 1,110,667 Step 3 - to the nearest £1,000 = 1,111,000 Thus the correct answer is (E), £1,111,000

Explanation:

It might be tempting to do the following calculation, however since we don’t know how many graduates there are in each sector we cannot calculate the average salary. For example if Engineering has 1,000 graduates and Research has 10, it is not true to add up the totals and divide by the number of sectors (five). Thus we cannot tell from the data. Don’t be tempted to do this: Step 1 – Calculate the subsequent year’s entry level graduate salary for each sector Step 2 – Calculate the average Step 3 – to the nearest £500 = £28,500

Explanation:

Step 1 – total the salaries for 15 graduates (consultancy) 15 x 27,000 = 405,000 Step 2 – total the salaries for 6 graduates (research) 6 x 23,500 = 141,000 Step 3 – calculate the average salary per graduate (405,000 + 141,000)/21 = £26,000 Thus the correct answer is (A), £26,000

Explanation:

Calculate the % increase for each sector Engineering: (24.5 – 23.7)/23.7 = 3.4% Research: (24.2 – 23.5)/23.5 = 3.0% Consulting: (28.3 – 27.6)/27.6 = 2.5% Legal: (33.2 – 29.8)/29.8 = 11.4% Accounting: (27.3 – 26.6)/26.6 = 2.6% Thus the correct answer is (C), Consulting

Explanation:

Step 1 – calculate the % increase in legal sector salaries between the current year and next year 100% x (34.3 – 33.2)/33.2 = 3.31% Step 2 – apply this % increase to the entry level graduate salaries (logistics) 103.31% x £25,000 = £25,828 Step 3 – apply this % increase to the entry level graduate salaries (retail) 103.31% x £24,000 = £24,794 Thus the correct answer is (D), £25,800 (logistics); £24,800 (retail)