Question

You are the manager of a retail store, and you have been tasked with finding the return rate on a certain brand of laptop computers. You have assembled the data on the number of computers sold and the number returned over the past six months in the table below.

Month
Oct
Nov
Dec
Jan
Feb
Mar
Sold
1,621
1,752
1,848
1,634
1,725
1,780
Returned
223
415
421
560
330
304

Using the table as experimental data, if your store has 379 laptops returned in April, how many laptops are likely to have been sold in April?
a.
1,578
b.
1,740
c.
1,743
d.
2,219


Please select the best answer from the choices provided

A
B
C
D

Answer 1

First find the overall return rate: total returned ÷ total sold = 2,253 ÷ 10,360 ≈ 0.21745 (21.745%).

If 379 laptops were returned, estimated sold = 379 ÷ 0.21745 ≈ 1,743.

Answer: C