Comprehension
The following graph represents the Gross Receipts of three fast food restaurants from 2000-2002. Use it to answer these questions:
Question: 1
The 2000-2002 gross receipts for Mega Burger exceeded those of Pizza Pie by approximately
The 2000-2002 gross receipts for Mega Burger exceeded those of Pizza Pie by approximately
Updated On: Sep 30, 2024
- 0.2 million1)
- 2 million
- 8.2 million
- 8.4 million
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The Correct Option is B
Solution and Explanation
Gross receipts of mega burger = 2.5 + 2.5 + 3.4 = 8.4 million
Gross receipts of pizza pie = 1 + 2 + 3 = 6 million
Required difference million
The correct option is (B): 2 million
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Question: 2
From 2001-2002, the percent increase in receipts for Pizza Pie exceeded the percent increase of Mega Burger by approximately
From 2001-2002, the percent increase in receipts for Pizza Pie exceeded the percent increase of Mega Burger by approximately
Updated On: Sep 30, 2024
15%
10%
2.67 %
2%
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The Correct Option is A
Solution and Explanation
% increase in receipts of pizza pie from 2001-2002 =\(\frac{3-2}{2}\) X 100 =50%
% increase in receipts of mega burger from 2001-2002 =\(\frac{3.4-2.5}{2.5}\) X100=36%
Required difference = 15%
The correct option is (A) : 15%
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Question: 3
The 2002 decline in crunchy chicken receipts may be attributed to the
The 2002 decline in crunchy chicken receipts may be attributed to the
Updated On: Sep 30, 2024
- Increase in popularity of burgers
- Increase in popularity of pizzas
- Decrease in demand for chicken
- Cannot be determined
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The Correct Option is C
Solution and Explanation
In 2002, there are increasing receipts of burgers and pizzas, but we cannot say for sure, why it declined for crunchy chicken.
The correct option is (C): Decrease in demand for chicken
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