A bookstore received a shipment of identical books, each with an original full price of dollars. The sales over three consecutive months proceeded as follows:
- In May, the store sold of the total initial shipment at full price .
- In June, the store discounted the price of the unsold books by off the original full price and sold of the remaining unsold books.
- In July, the store discounted the June price of the remaining unsold books by an additional and sold all remaining books.
Which of the following statements regarding the bookstore's sales must be true? Select all such statements.
- The number of books sold in July accounted for exactly of the total initial shipment.Cevap
- The total revenue generated from sales in June was greater than the total revenue generated from sales in July.Cevap
- The total revenue from selling the entire shipment was equal to of the revenue that would have been earned if all books were sold at full price.Cevap
- DThe discounted price per book in July represented a decrease from the original full price .
- EThe number of books sold in June was equal to the number of books sold in May.
Cevap
The statements asserting that July sales comprised 30% of the initial shipment, that June revenue exceeded July revenue, and that overall revenue equaled 80.5% of full-price potential revenue are all correct.
The statement regarding July sales accounting for 30% of the initial shipment is correct because 50% of the 60% remaining after May leaves 30% unsold, all of which were sold in July. The statement comparing June and July revenue is correct because June revenue (0.225NP) is greater than July revenue (0.180NP). The statement regarding total revenue is correct because 0.400NP + 0.225NP + 0.180NP = 0.805NP, which is 80.5% of the total potential revenue.
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Successive Percent Change and Base Shift in Multi-Step Scenarios
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