Question

The production of company AVC in 2000 is approximately what percent of its average prodcution over the given years?

• A. $300\%$
• B. $110\%$
• C. $300\%$
• D. $18.25\%$
• E. $95\%$

Answer 1

The correct option is B $110\%$

Average production of company AVC $=\frac{1970}{6}=\frac{985}{3}croreunits$
Production of company AVC in 2000$=360croreunits$
$\therefore$ required percentage $=\frac{360}{\frac{985}{3}}\times 100$
$=\frac{360\times 300}{985}=109.6\%=110\%$