The production of ABC Ltd is a s follows.
| Product | 2021 | 2022 |
| A | 120 | 150 |
| B | 160 | 200 |
| C | 250 | 300 |
| D | 60 | 90 |
| E | 30 | 50 |
| F | 110 | 132 |
For which product did the company record the highest growth?
Answer & explanation
Correct answer: option 2
Growth percentage for A = \(\frac{30}{120}\) × 100 = 25%
Growth percentage for B = \(\frac{40}{160}\) × 100 = 25%
Growth percentage for C = \(\frac{50}{250}\) × 100 = 20%
Growth percentage for D = \(\frac{30}{60}\) × 100 = 50%
Growth percentage for E = \(\frac{20}{30}\) × 100 = 66.66%
Growth percentage for F = \(\frac{22}{110}\) × 100 = 20%
So , Highest growth is for E