The following bar graph shows the amount (in lakh Rs.) investment by a company in purchasing raw materials over the years 2015 to 2019.
By how much percent the company increase its investment on raw materials in 2019, as compared to 2015 ?
Answer & explanation
Correct answer: option 2
Investment in 2019 = 550
Investment in 2015 = 330
Percentage increase in investment = \(\frac{550 - 330 }{330}\) × 100
= \(\frac{220 }{330}\) × 100
= 66.66%