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Reasoning - Logical Reasoning:

Logical Reasoning

MCQ - 172-8124

The profits in the United States from the sale of radios by the three largest Japanese manufacturers of electronics equipment last year represented 80% of the total profits earned by all American and foreign manufacturers. Yet 35% of the radios purchased in the United States last year were made by American manufacturers

Question:

If the information above is true, which of the following can properly be concluded about the radios sold in the United States?

  1. Foreign manufacturers other than the Japanese had a large market share
  2. Labor costs are higher in Japan than in other Asian countries that manufacture electronics products
  3. Japanese manufacturers have a higher margin of profit that those of other countries.
  4. Labor costs are higher in Japan than in other Asian countries that manufacture electronics products
  5. The Japanese increased their sales by selling at sharply discounted prices.

Correct Answer: C

Explanation:

If the Japanese earned 80% of he total profits with only 65% of the total sales, they must have made more profit on each sale than their competitors.

Record Performance

243 MCQ for effective preparation of the test of Logical Reasoning of Logical Reasoning section.

Read the MCQ statement: If the information above is true, which of the following can properly be concluded about the radios sold in the United States? , keenly and apply the method you have learn through the video lessons for Logical Reasoning to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 172-8124.

How to Answer

Solve the question for MCQ No. and decide which option (A through D/E) is the best choice to answer the MCQ, then click/tap the blue button to view the correct answer and it explanation.

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