Question 68

Given below is the chart showing the Percentage Quarterly change in the Sales of Ball pens manufactured by Write-up Pens Company in the year 2015.

If the Company had sold a total of 10000 Ball pens during the period of $$1^{st}$$ October, 2015 to $$31^{st}$$ December, 2015, then it would have sold how many ball pens by $$30^{th}$$ June, 2016?

Solution

In October to December 2015, the sales was 10000. In the next two quarters, it increased by 4% and 3% respectively.

So, the pens sold by June 30th, 2016 = 10000(1.04)(1.03)= 10712

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