Q9. The profit levels of a company for varying levels of sales is shown in the table below: (All values in £1000) Sales 300 290 280 255 260 Profit 50 60 25 -10 10 A prospective investor is interested in seeing how the rate of profit is related to Sales and so produces the incomplete table below: Sales 300 290 280 255 260 profit rate Which is the row with the correct values of the profit rate? А. profit rate 22.7% 16.7% 12.4% -6.9% 4.44% В. profit rate 16.7% 20.7% 8.9% -3.9% 3.85% profit rate profit rate С. 18.2% 16.3% 4.6% -4.5% 5.58% D. 9.1% 36.3% 5.8% -0.5% 3.44% Ο Α. Α В. В С. С O D. D
Q9. The profit levels of a company for varying levels of sales is shown in the table below: (All values in £1000) Sales 300 290 280 255 260 Profit 50 60 25 -10 10 A prospective investor is interested in seeing how the rate of profit is related to Sales and so produces the incomplete table below: Sales 300 290 280 255 260 profit rate Which is the row with the correct values of the profit rate? А. profit rate 22.7% 16.7% 12.4% -6.9% 4.44% В. profit rate 16.7% 20.7% 8.9% -3.9% 3.85% profit rate profit rate С. 18.2% 16.3% 4.6% -4.5% 5.58% D. 9.1% 36.3% 5.8% -0.5% 3.44% Ο Α. Α В. В С. С O D. D
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:Q9.
The profit levels of a company for varying levels of sales is shown in the table below:
(All values in £1000)
Sales
300
290
280
255
260
Profit
50
60
25
-10
10
A prospective investor is interested in seeing how the rate of profit is related to Sales and
so produces the incomplete table below:
Sales
300
290
280
255
260
profit rate
Which is the row with the correct values of the profit rate?
А.
profit rate
22.7%
16.7%
12.4%
-6.9%
4.44%
В.
profit rate
16.7%
20.7%
8.9%
-3.9%
3.85%
profit rate
profit rate
С.
18.2%
16.3%
4.6%
-4.5%
5.58%
D.
9.1%
36.3%
5.8%
-0.5%
3.44%
Ο Α. Α
В. В
С. С
O D. D
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