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Instructions
The following table gives demand and supply of steel for the years 2003 to 2008. Surplus is defined as ‘Supply - Demand’. Read the table and answer the questions.
Question 67
Percentage increase in demand of steel, as compared to previous year, was highest in the year
Solution
From simple observation, we can see that in 2007, the demand of steel went up from 30.2 to 56.6, which is way greater than the previous year. Apart from 2007, the only year where the demand increased was 2008, but the percentage increase is lesser than the what we saw in the previous year.
