📊 GMAT Exam Prep

Based on the table below, what was the approximate percentage increase in total sales from 2021 to 2023?

A 20%
B 25%
C 28.6%
D 30%

✓ Correct Answer: Option C

Total sales in 2021 = $150,000 + $200,000 = $350,000. Total sales in 2023 = $180,000 + $270,000 = $450,000. Percentage increase = (($450,000 - $350,000) / $350,000) * 100% = ($100,000 / $350,000) * 100% = (2/7) * 100% ≈ 28.6%.

💡 Why is C) the correct answer?

The correct answer to the question "Based on the table below, what was the approximate percentage increase in total sales from 2021 to 2023?" is Option C: 28.6%.

The other options — A) 20%, B) 25%, D) 30% — are incorrect for this GMAT Exam Prep question. As explained above: Total sales in 2021 = $150,000 + $200,000 = $350,000. Total sales in 2023 = $180,000 + $270,000 = $450,000. Percentage increase = (($450,000 - $350,000) / $350,000) * 100% = ($100,000 / $350,000) * 1…

📚 About This GMAT Exam Prep Practice Question

This 2-level GMAT Exam Prep question from the Data Insights topic is part of BrainForge Quiz's free exam preparation library. Each question includes the correct answer and a detailed explanation to help you understand the underlying concept, not just memorize the answer.

How to use this page: Read the question above, consider all four options (A through D), then check the highlighted correct answer and explanation. For active timed practice, start a free GMAT Exam Prep practice test or use flashcards for spaced repetition review.

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