Question : Direction: Study the following bar graph and answer the question :
The percentage increase in production as compared to the previous year is the maximum in which year?
Option 1: 1999
Option 2: 1996
Option 3: 1997
Option 4: 2002
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Correct Answer: 1996
Solution :
The percentage increase in production compared to the previous year for different years are:
In 1996 = $\frac{(40−25)}{25}\times 100$% = 60%
In 1997 = $\frac{(60−40)}{40}\times 100$% = 50%
In 1998 there was a decrease in production.
In 1999 = $\frac{(65−45)}{45}\times 100$% = 44.44%
In 2000 there was a decrease in production.
In 2001 = $\frac{(75−50)}{50}\times 100$% = 50%
In 2002 = $\frac{(80−75)}{75}\times 100$% = 6.67%
There is a maximum percentage increase in production in 1996.
Hence, the correct answer is 1996.
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