In which year, there has been a maximum percentage increase in the amount invested in Raw materials as compared to the previous year?
A
1996
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B
1997
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C
1998
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D
1999
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Solution
The correct option is A 1996 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. ∴There is maximum percentage increase in 1996.