Last year, 34 percent of Ace Book Company's sales revenue came from the sale of novels. Of the remaining revenue, 1/3 was from the sale of biographies. The company's revenue from the sale of novels was approximately, how many times its revenue from the sale of biographies?
Correct answer: B
Explanation
Percentage of revenue from novels = 34%
Remaining revenue = 66%
Sale of biographies = 1/3 of 66% = 22%
Sale of novels / sale of biographies
= 34/22
approx 1.5
Answer B
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