Question

In which year was the percentage increase in production as compared to the previous year the maximum?

• A. 1996
• B. 1997
• C. 1998
• D. 1999
• E. None of these

Answer 1

The correct option is A

1996

The percentage increase in production compared to previous year for different years are:

In 1996 =$[\frac{(40-25)}{25}\ast 100]=$ 60%

In 1997 =$[\frac{(60-40)}{40}\ast 100]=$ 50%

In 1998 there is a decrease in production.

In 1999 =$[\frac{(65-45)}{45}\ast 100]=$ 44.44%

In 2000 there is a decrease in production.

In 2001 =$[\frac{(75-50)}{50}\ast 100]=$ 50%

In 2002 =$[\frac{(80-75)}{75}\ast 100]=$ 6.67%

Clearly, there is maximum percentage increase in production in 1996.