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based on the information given below.
The retail prices of flowers, consumer expenditure on flowers and sales of flowers for the calendar year 2009, in Phoolgaon, a small town with a population of 70000, is summarized in table 3:
Solution
Expenditure on roses in January = 1136916
Price of roses per dozen = 99
Roses sold = 1136916/99
=11484 dozens
Expenditure on roses in July = 1188432
Price of roses per dozen = 144
Roses sold = 1188432/144
=8253 dozens
Sales of roses in July as compared to January = [(8253-11484)/11484]*100
= - 28.13%
Since Change is negative, there is a decrease of 28.13%.
Hence B is the correct answer.
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