The multi-layered pie-chart below shows the sales of LED television sets for a big retail electronics outlet during 2016 and 2017. The outer layer shows the monthly sales during this period, with each label showing the month followed by sales figure of that month. For some months, the sales figures are not given in the chart. The middle-layer shows quarter-wise aggregate sales figures (in some cases, aggregate quarter-wise sales numbers are not given next to the quarter). The innermost layer shows annual sales. It is known that the sales figures during the three months of the second quarter (April, May, June) of 2016 form an arithmetic progression, as do the three monthly sales figures in the fourth quarter (October, November, December) of that year.
Question:
During which quarter was the percentage decrease in sales from the previous quarter’s sales the highest?
Let the sales figures for April, May, and June 2016 be a, b, and c, respectively.
We know that these sales figures form an arithmetic sequence, so we have the equation
where d is the common difference.
We also know that the average sales figure for this quarter is 150, so we have the equation:
Substituting the 1st equation into the 2nd equation, we get:
Simplifying this equation, we get:
We can solve this equation for a to get
Substituting this value into the first equation, we get
Since the average sales figure for October, November, and December 2016 is also 150, we have the equation:
Simplifying this equation, we get:
Solving this equation for d, we get
Therefore, the sales figures for April, May, and June 2016 are 40, 50, and 60, respectively.
The sales figures for October, November, and December 2016 are 100, 120, and 140, respectively.
2016 | 2017 | ||||
Quarter | Month | Sale figure | Quarter | Month | Sale figure |
Q1 (240) | January | 80 | Q1(380) | January | 120 |
February | 60 | February | 100 | ||
March | 100 | March | 160 | ||
Q2(150) | April | 40 | Q2(200) | April | 60 |
May | 50 | May | 75 | ||
June | 60 |
|
65 | ||
Q3(250) | July | 75 | Q3(220) | July | 60 |
August | 120 | August | 90 | ||
September | 55 | September | 70 | ||
Q4(360) | October | 100 | Q4(500) | October | 150 |
November | 120 | November | 170 | ||
December | 140 | December | 180 |
Considering all the options:
Sales in Q2 of 2017 = 200
Sales in Q1 of 2017 = 380
decrease
This option can be eliminated as Sales have increased.
Sales in Q2 of 2016 = 150
Sales in Q1 of 2016 = 240
decrease
4. Q1 of 2017:
This option can be eliminated as Sales have increased.
Option A is correct as it has a greater decrease.