Instructions

The given graphs and chart show the products list prices and net prices of ABC Pt Ltd, from 2013 to 2020. Study the information and answer the questions that follow.

Question 67

Which of the following statements are true based on the data in the graphs and chart?

A) The list price of routers in 2020 exceeded the total products' list prices in 2013
B) The net price for the year in which the net price was the greatest was more than the list price for the year in which the list price was the lowest.
C) If in 2020, the list price of routers had been 10% less, and the list price of switches had been 10% greater, the list price of routers would have been less than the list price of switches.

Solution

(A) In 2020, The list price was 8000 Million or 8 Billion, which is more than the total list price in 2013.
Therefore, statement A is correct. 

(B) The highest net price was in year 2020 of 8000 Million or 8 Billion while the lowest list price was in year 2013 of 3 Billion. 
Therefore, statement B is correct. 

(C) Let's take the total market to be of 100 price units. 25 price units were from routers and 15 price units were from switches. After decreasing the router's price by 10% is comes down to 22.5 units and increasing the switches prices by 10% it come sup to 16.5%
The routers are still higher than the switches, therefore, statement C is incorrect. 


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