GRE Question of the Day (December 5)
The following pie chart shows the breakdown of revenues for a particular grocery store over the first quarter of last year. The bar chart shows the detail of breakdown for frozen foods.
1) What is the dollar amount of sales of canned goods in the first quarter of last year?
Correct Answer – D – (click and drag your mouse to see the answer)
2) Frozen prepared meals constitute what percentage of the total sales for the first quarter last year?
Correct Answer – B – (click and drag your mouse to see the answer)
3) During the first quarter last year, this particular grocery store was finishing its construction of an expanded bakery facility, which, when opened at the beginning the second quarter, will offer dozens of new cakes and pies, a whole new line of pastries, and several flavors of gourmet coffee. In the first quarter, bakery sales represented 6% of total profits. Assume that in the second quarter, the bakery sales triple, and all other sale stay the same. Bakery would then account for what percentage of total sales in the second quarter?
Correct Answer – C – (click and drag your mouse to see the answer)