Multiple Choice Questions on Of all the products which product showed the highest percentage increase in total sales at the of 20........... for Mathematics - All Exams Preparation

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    Products

    Sales (in lakhs)
    in 2012

    Percentage growth in the sales
    over the previous years

    2013

    2014

    2015

    A

    2

    5

    10

    10

    B

    3

    8

    10

     20

    C

    3.6

    10

    10

    12

    D

    3

    9

    10

    12


    Of all the products, which product showed the highest percentage increase in total sales at the of 2015 in four years?

    A

    Incorrect Answer

    B

    Correct Answer

    C

    Incorrect Answer

    D

    Incorrect Answer
    Explanation:

    Explanation:
    Sales of A in 2015 = 2 lacs × 105/100 × 110/100 × 110/100 = 254100
    Sales of B in 2015 = 3 lacs × 108/100 × 110/100 × 120/100 = 427680
    Sales of C in 2015 = 3.6 lacs × 110/100 × 110/100 × 112/100 = 487872
    Sales of D in 2015 = 3 lacs × 109/100 × 110/100 × 112/100 = 402864
    So
    % increase in sales of product A = (254100-200000)/200000 * 100 = 27.05%
    % increase in sales of product B = (427680-300000)/300000 * 100 = 42.56%
    % increase in sales of product C = (487872-360000)/360000 * 100 = 35.52%
    % increase in sales of product D = (402864-300000)/300000 * 100 = 34.28%
    So maximum for B


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