edited by
0 votes
0 votes

A large store has only three departments, Clothing, Produce, and Electronics. The following figure shows the percentages of revenue and cost from the three departments for the years $2016, 2017$ and $2018$. The dotted lines depict percentage levels. So for example, in $2016, 50\%$ of store's revenue came from its Electronics department while $40\%$ of its costs were incurred in the Produce department.

In this setup, Profit is computed as (Revenue – Cost) and Percentage Profit as
Profit/Cost $\times100\%$
   It is known that

  1. The percentage profit for the store in $2016$ was $100\%$.
  2. The store’s revenue doubled from $2016$ to $2017$, and its cost doubled from $2016$ to $2018$.
  3. There was no profit from the Electronics department in $2017$.
  4. In $2018$, the revenue from the Clothing department was the same as the cost incurred in the Produce department.

What was the approximate difference in profit percentages of the store in $2017$ and $2018$?

  1. $33.3$
  2. $15.5$
  3. $8.3$
  4. $25.0$
edited by

Please log in or register to answer this question.

Related questions