Numerical Question - help please!

#1

I just took a numerical test and had this question which I was a bit puzzled with:

Question: If plans show that stores can yield 15% more turnover than they did last year, which store is predicted to produce the highest turnover next year?

Data provided:

Store, Turnover (000s per week), Turnover as % of last year
Eastern, 100, 75
Western, 60, 160
Central, 140, 96
Northern, 50, 80
Southern, 90, 120

#2

Store…Projected Turnover(%)…Projected Turnover(000s/week)
Eastern…86.25…86.25
Western…184…110.4
Central…110.4…154.56
Northern…92…46
Southern…138…124.2

Just sharing my guess, Last Year Turnover Ratio increased by 15% would yield Next Year Projected Turnover Ratio.
Then Sale Turnover in money terms per week would be Current Year Turnover times Projected Turnover Ratio.
From the table above, Central store is predicted to produce the highest turnover next year.

#3

I am not sure I agree with your logic Yelenka. I read this question as saying:

  • The current turnover per store was x% of last years turnover for said store.
  • The information in the question is saying that next year stores will produce 15% more turnover than they did last year.

Hence what we need to work out is:

  1. What the turnover was for each store last year.

  2. What a 15% increase in this turnover will be.

  3. Pick the maximum

  4. Is a simple equation: lastYearTurnoverForStoreX=Turnover/Turnover as % of last year
    Explanation: If this year we have 100k per week, but this is 75% of last years turnover per week; then lastYear * 0.75= This year turnover per week. So we re-arrange the equation to get LastYear=ThisYear/0.75.

I get : East(133.333),West(37.5),Central(145.83) Northern(62.5), Southern(75).
2) Is an irrelevant step
3) Central is the correct answer.

#4

I also have a question i couldn’t figure out, Please could someone help me out?

HOUSEHOLD AND TRANSPORT DETAILS 2004
_________Kenville__Old Catdown_Amber Hill_Canning Turn_Kinsop

Total No.
Of Vehicles_54,442 77,009_____16,470_ 42,000______64,561
_
House
holds with
2 or more__16,363 ___19,374______8,235_____12,987______17,756
vehicles

Approx.___2.1 : 1 2.8 : 1 2.5 : 1 _____ 2.1 : 1 ______2.2 : 1
Ratio
(Households : Vehicles)

Question 15:
What is the percentage difference between Kinsop and Amber Hill in terms of the total number of households?

22%

24%

26.5%

30%

32%

#5

Sorry for the poor formatting, html is filtered here.

#6

I got the answer to be 24%. Using the total number of vehicles and the ratios.
Total no of households in Kinsop: 64,561*2.2= 142034.2
In Amber hill: 114328.2.
So 142034.2/114328.2= 1.242
percentage difference = 24%
My best guess.