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Math Help - growth

  1. #1
    mint
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    growth

    Company A sales were up 6% from last year. Company B sales were up 3% from last year. Is it safe to say that the increase in A was 2 times that of B. If company C has a sales loss of 6%, how many times is company A better than company C?
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  2. #2
    MHF Contributor
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    Equal Sales

    A = B = C = 100

    A(1+0.06) = 106 -- Up 6
    B(1+0.03) = 103 -- Up 3 <== Yup. Half as much.
    C(1-0.06) = 94 -- Down 6

    UnEqual Sales

    A = 1000
    B = 10000
    C = 100000

    A(1+0.06) = 1060 -- Up 60
    B(1+0.03) = 10300 -- Up 300 <== Nope. Lesser percentage and greater amount
    C(1-0.06) = 94000 -- Down 6000

    It's rather an odd question unless the intent was to be confusing and to emphasize the problems associated with comparing percentages only.
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