In the table, production and sale (in 1000 tonnes) of a certain product of a company over 5 years is given.
| 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?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is Option 3 i.e 2016 and 2018.
One can solve this question by observing the data.
In 2015, sales = 1000 tones.
In 2016, sales = 1290
25% of 1000 = 250 tones
1290 - 1000 = 290 tones which is more than 250 tonnes.
Similarly,
In 2017, sales = 1100
In 2018, sales = 1450
25% of 1100 = 275 tones
1450 - 1100 = 350 tones which is more than 275 tonnes.
So one can say that in 2016 and 2018 sales increases by more than 25%.