In the table, production and sale (in 1000 tonnes) of a certain product of a company over 5 years is given. Study the table and answer the question:
|
years |
Production (in 1000 tonnes) |
Sale (in 1000 tonnes) |
|
2015 |
1250 |
1000 |
|
2016 |
1400 |
1290 |
|
2017 |
1450 |
1100 |
|
2018 |
1500 |
1450 |
|
2019 |
1600 |
1390 |
In which year(s) the sale increases by more than 25% of the previous year?
Answer & explanation
Correct answer: option 3
Increase in sale in 2016 = \(\frac{290}{1000}\) × 100 = 29%
Increase in sale in 2017 = \(\frac{-190}{1290}\) × 100 = - 14.72 %
Increase in sale in 2018 = \(\frac{350}{1100}\) × 100 = 31.81%
Increase in sale in 2019 = \(\frac{60}{1450}\) × 100 = 4.13%
Ans :- 2016 and 2018