Study the graph carefully.
In which year did the imports register the highest increase over their preceding years?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is Option 1 i.e. 1973.
Year 1971: Decreased
Year 1972: [(2413 - 1600)/1600] × 100 = 50.81%
Year 1973: [(4400 - 2413)/2413] × 100 = 82.34% [Highest]
Year 1974: [(6000 - 4400)/4400] × 100 = 36.36%
Year 1975: Decreased
Year 1976: Decreased
Year 1977: [(3600 - 2700)/2700] × 100 = 33.33%