What is the percentage increase in the total sales in 2003 form 1998? Round off your answer to the nearest integer.

19 %

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20 %

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16 %

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17 %

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None of these

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Solution

The correct option is B $20 %$
Total sales in 1998 $= (25 + 45 + 38 + 52 + 47 + 55) m i l l i o n t o n s = 262 m i l l i o n t o n s$
Total sales in 2003 $= 314 m i l l i o n t o n s$
$∴$ percentage increase $= \frac{314 - 262}{262} \times 100 = 19.85 = 20 %$

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