Question 54

In the last financial year, a car company sold 41,800 cars . In this year, the target is to sell 51,300 cars . By what percent must the sale be increased ?

Solution

Sales last year = 41,800 cars

Sales required  = 51,300 cars

=> Required % increase = $$\frac{(51300-41800)}{41800} \times 100$$

= $$\frac{9500}{418}=\frac{250}{11}$$

= $$22\frac{8}{11}$$ %

=> Ans - (D)


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