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Question : Directions: A watch company produces four different products. The sale of these products in lakhs during 2005 and 2010 is shown in the following bar diagram. Study the graph and answer the question.

During the period 2005-2010, the minimum rate of increase in sales is in products of:

Option 1: Wristwatch

Option 2: Table clock

Option 3: Stopwatch

Option 4: Wall clock


Team Careers360 25th Jan, 2024
Answer (1)
Team Careers360 26th Jan, 2024

Correct Answer: Wall clock


Solution : As per the graph,
(i) Wristwatch
The sales in 2010 = 28.3 lakhs
The sales in 2005 = 21.3 lakhs
Percentage increase = $\frac{28.3-21.3}{21.3}$ × 100 = 32.71%
(ii) Table clock
The sales in 2010 = 22.3 lakhs
The sales in 2005 = 9.5 lakhs
Percentage increase = $\frac{22.3-9.5}{9.5}$ × 100 = 134.73%
(iii) Wall clock
The sales in 2010 = 32.7 lakhs
The sales in 2005 = 30.7 lakhs
Percentage increase = $\frac{32.7-30.7}{30.7}$ × 100 = 6.51%
During the period 2005-2010, the minimum rate of increase in sales is in the product of wall clock.
Hence, the correct answer is wall clock.

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