Question

For each month of next year, Company R’s monthly revenue target is x dollars greater than its monthly revenue target for the preceding month. What is Company R’s revenue target for March of next year?
(1) Company R’s revenue target for December of next year is $310,000.
(2) Company R’s revenue target for September of next year is $30,000 greater than its revenue target for June of next year.

Answer 1

Answer:

$340,000

Explanation:

Revenue target for September is $30,000 larger than its revenue target for June, since there are 3 months between June and September, its revenue target grew by $10,000 each month (= $30,000 / 3).

If the company's revenue target is $310,000 for December, and it continues to grow at the same rate, t will be $320,000 for January, $330,000 for February and finally $340,000 for March.