View Single Post
Old 07-18-2008, 05:25 AM   #1 (permalink)
ustado
Eager!
 
Join Date: Apr 2008
Posts: 51
ustado just joined TestMagic.
A crazy percentage question ( any short cuts?)

For a certain farm, soybean production increased
by 25 percent from year X to year Y, and the
selling price of soybeans decreased by 25 percent
from year X to year Y. If the entire soybean
production was sold each year, approximately
what was the percent change in the revenues from
the sale of the soybeans from year X to year Y?
(A) 56% decrease
(B) 6% decrease
(C) No change
(D) 6% increase
(E) 56% increase
ustado is offline   Reply With Quote