Practicing Success
Study the given graph and answer the question that follows. In which year was the percentage increase in the revenue as compared to that in its preceding year below 6% ? |
2015 2019 2016 2017 |
2017 |
Lets solve one by one for each option , 1. 2015 Percentage increase in the revenue as compared to previous year = \(\frac{350 - 320 }{320}\) × 100 = = \(\frac{30 }{320}\) × 100 = 9.375% 2. 2019 Percentage increase in the revenue as compared to previous year = \(\frac{300 - 280 }{280}\) × 100 = \(\frac{20 }{280}\) × 100 = 7.14% 3. 2016 Percentage increase in the revenue as compared to previous year = \(\frac{380 - 350 }{350}\) × 100 = \(\frac{30 }{350}\) × 100 = 8.57% 4. 2017 Percentage increase in the revenue as compared to previous year = \(\frac{400- 380 }{380}\) × 100 = = \(\frac{20 }{380}\) × 100 = 5.26% which is approximately equal to 6% Ans :- 2017
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