The table above shows the total sales figures for three models of SUV. It also shows the percentage of customers who specified additional equipment when buying from the dealer network. Use this information to answer the following questions.
How much profit (margin), in millions of dollars, can be attributed to Cruise Control fitted to the FreeRanger?
Answer: B
Explanation: Fifty percent of the 10,804 FreeRanger customers (5,402) specified cruise control. The total revenue generated was 5,402 * $220 = $1.19 million. The profit margin on this is 40%, therefore (1.19/100) * 40 = ) $0.48 million.
How much profit (margin), in millions of dollars, can be attributed to Body Kits fitted to the SportRanger?
Answer: A
Explanation: Sixty percent of the 7,762 SportRangers sold (4,657) were fitted with body kits. The total revenue generated was 4,657 * $350 = $1.63 million. The profit margin on this is 30%, therefore (1.63/100) * 30 = ) $0.49 million
How much total revenue, in millions of dollars, did Alloy Wheels generate for FreeRanger sales?
Answer: D
Explanation: Sixty percent of the 10,804 FreeRangers sold (6,482) were fitted with alloy wheels. Therefore the total revenue generated was 6,482 * $210 = $1.36 million.
How many customers specified cruise control when ordering a FreeRanger?
Answer: E
Explanation: Fifty percent of the 10,804 FreeRanger customers (5,402) specified cruise control.
The table above shows agricultural imports for the island of South Cerney for a period of five months. Use this information to answer the following questions
Approximately what fraction of the total tonnage of imports is rice?
Explanation: Total tonnages imported over the 5 months are as follows: Rice 141 Wheat 176 Potatoes 152 This means that the total tonnage of imports was 469 tons of which 141 tons were of rice. Therefore (141/469 = 0.3) which is 3/10
