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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