Instructions

Study the following table to answer the given questions.

Production (in crore units) of six companies over the years

Question 102

For SIO, which year was the percent increase or decrease in production from the previous year the highest ?

Solution

Percent increase in the year 1997-98 = $$\frac{87}{85} -1 = 2.36 \%$$
Percent increase in the year 1998-99 = $$\frac{89}{87} -1 = 2.30 \%$$
Percent increase in the year 1999-00 = $$\frac{91}{89} -1 = 2.25 \%$$
Percent increase in the year 2000-01 = $$\frac{92}{91} -1 = 1.10 \%$$
Percent increase in the year 2001-02 = $$\frac{96}{92} -1 = 4.35 \%$$

Hence, the percent increase in production is highest in the year 2002 as compared to the previous year.


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