Question

For which of the following years, the percentage rise/fall in production from the previous year is the maximum for Company Y?

• A. 1997
• B. 1998
• C. 2000
• D. 1997 and 2000

Answer 1

The correct option is A

1997

Percentage change (rise/fall) in the production of Company Y in comparison to the previous year, for different years are:

For 1997 $=\frac{\left(35-25\right)}{25}\times 100=40\%$

For 1998 $=\frac{\left(35-35\right)}{35}\times 100=0\%$

For 1999 $=\frac{\left(40-35\right)}{35}\times 100=14.29\%$

For 2000 $=\frac{\left(50-40\right)}{40}\times 100=25\%$

Hence, the maximum percentage rise/fall in the production of Company Y is for 1997.