Which year shows the highest change in the revenue obtained from magazines?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is Option 3 i.e. 1990.
Percentage change = (Final quantity - Initially quantity)/Initial quantity
Percentage change for the years 1990, 1992, and 1993
For 1990 = × 100 = 25.8%
For 1991 = × 100= 15.3%
For 1992 = × 100= 11.11%
Hence,
The year 1990 shows the highest change in the revenue obtained from magazines