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
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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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