In which year has there been a maximum percentage increas...
Out of the two bar graphs provided below, one shows the amounts (in Lakh Rs.) invested by a Company in purchasing raw materials over the years and the other shows the values (in Lakh Rs.) of finished goods sold by the Company over the years.
In which year has there been a maximum percentage increase in the amount invested in Raw materials as compared to the previous year?
1996
1997
1998
1999
Correct answer is A
The percentage increase in the amount invested in raw-materials as compared to the previous year, for different years are:
For 1996 = [ (225 - 120)/120 ] % = 87.5%
For 1997 = [ (375 - 225)/225 ] % = 66.67%
For 1998, there is a decrease.
For 1999 = [ (525 - 330)/330 ] % = 59.09%
For 2000, there is a decrease.
Therefore, there is maximum percentage increase in 1996.