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What is the approximate percent increase in the number of units sold by Company E in the year 2007 from the previous year?

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Question

Answer the question based on the information given in the following table. A, B, C, D, E denote companies and 2006, 2007, 2008. 2009& 2010 denote years.

  A B C D E
  M S M S M S M S M S
2006 2.8 1.3 3.3 2.2 2.6 1.7 3.0 2.2 1.9 1.4
2007 3.2 2.0 2.4 1.6 2.2 1.5 2.5 1.9 2.0 1.7
2008 1.9 0.9 2.9 1.6 2.1 1.0 2.3 1.5 1.6 1.1
2009 1.0 0.4 2.4 1.3 2.8 1.4 2.1 1.2 3.2 2.5
2010 2.5 1.5 2.3 1.2 2.6 2.1 1.8 1.1 3.1 2.6

What is the approximate percent increase in the number of units sold by Company E in the year 2007 from the previous year?

Options

  • 17

  • 36

  • 27

  • 21

MCQ
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Solution

21

Explanation:

Number of units sold bu company E in 2007 = 1.7

Number of units sold by company E in 2006 = 1.4

∴ Percentage increase

`=(1.7-1.4)/1.4xx100`

`=0.3/1.4xx100=21.4%=21%`

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2014-2015 (May) Set 1

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