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GMAT
GMAT Data Insights Section

Calculating Net Profit from Sales Data

Very Hard Data Analysis Quantitative Analysis

A statistical analysis of a retail company’s sales data from the previous year revealed the following information:

- The company’s sales figures for each quarter were as follows:

  • Q1: $250,000
  • Q2: $350,000
  • Q3: $450,000
  • Q4: $550,000

Additionally, for the same period, the company experienced variable operational costs represented as a percentage of total sales, categorized as follows:

  • Q1: 10%
  • Q2: 8%
  • Q3: 6%
  • Q4: 5%

Given this data, what was the company's net profit for the year?

Hint

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Correct11.9K
% Correct93%