What would have been Facebook's revenue (in $ million) in its sixth year of operation if the company had matched Google's percentage growth in revenues from the fifth to the sixth year? Choose the option that is nearest to the answer.

1600

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1700

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1900

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2100

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Solution

The correct option is A
1600

Percentage increase in Google's growth between 5th and 6th year.
$= \frac{(3250 - 1500)}{1500} \times 100 = 116.67 %$
So, required value of Facebook revenue after 6th year = 750 $\times$ $\frac{216.67}{100} = 1625.25$
So, the closest answer is 1600.

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What would have been Facebook's revenue (in $ million) in its sixth year of operation if the company had matched Google's percentage growth in revenues from the fifth to the sixth year? Choose the option that is nearest to the answer.

The correct option is A 1600 Percentage increase in Google's growth between 5th and 6th year. =(3250−1500)1500×100=116.67% So, required value of Facebook revenue after 6th year = 750 × 216.67100=1625.25 So, the closest answer is 1600.

The correct option is A
1600

Percentage increase in Google's growth between 5th and 6th year.
$= \frac{(3250 - 1500)}{1500} \times 100 = 116.67 %$
So, required value of Facebook revenue after 6th year = 750 $\times$ $\frac{216.67}{100} = 1625.25$
So, the closest answer is 1600.