The given Bar Graph presents the Imports and Export of an item (i
The given Bar Graph presents the Imports and Export of an item (in house) manufactured by a company for the financial years, 2013-2014 to 2017-2018.
A. 2017-2018
B. 2015-2016
C. 2016-2017
D. 2014-2015
Please scroll down to see the correct answer and solution guide.
Right Answer is: C
SOLUTION
Total imports and exports in 2013-2014 = 638 + 824 = 1462
Total imports and exports in 2014-2015 = 1255 + 1011 = 2266
Increase = 2266 – 1462 = 804
Percentage increase = (804/1462) × 100 = 54.99 ≈ 55%
Total imports and exports in 2014-2015 = 1255 + 1011 = 2266
Total imports and exports in 2015-2016 = 1661 + 1137 = 2798
Increase = 2798 – 2266 = 532
Percentage increase = (532/2266) × 100 = 23.47%
Total imports and exports in 2015-2016 = 1661 + 1137 = 2798
Total imports and exports in 2016-2017 = 1548 + 1545 = 3093
Increase = 3093 – 2798 = 295
Percentage increase = (295/2798) × 100 = 10.54%
Total imports and exports in 2016-2017 = 1548 + 1545 = 3093
Total imports and exports in 2017-2018 = 1305 + 1658 = 2963
It is clear that in year 2017-2018 compared to previous year total number of imports and exports are decreased
∴ The financial year in which the percentage increase in Imports and Exports taken together is the lowest in comparison to its previous financial year = 2016-2017