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jade v

· started a discussion

· 1 Months ago

Answer given by toprankers is correct. A is the right answer (Question: 90256.1 )

A rises by 100% in Feb-March and April-May.
Rise in Feb-March 60-30=30
30/30*100=100%
And
Rise in April-May 80-40=40
40/40*100=100%

B rises by 66.66% in April-May.
Rise in April-May
100-60=40
40/60*100=66.66%

C rises by 66.66% in March-April.
Rise in March-April
50-30=20%
20/30*100=66.66%

A rises by 100%. Therefore, A is the correct answer.

Question:

DIRECTIONS: Answer the questions based on the data presented in the graph below.


The following graph shows the market value (in terms of preference) of products A, B and C in the first six months of a year.



Which product has shown the maximum percentage increase in its market value in a month over the previous month during the given period?
Options:
A) A
B) B
C) C
D) A and B both
E) Cannot be determined 
Solution:

Market value of A in February = 30

Market value of A in March = 60

Percentage increase = \(\cfrac{60-30}{30}×100 = 100\%\)

Alternative method:

It can also be determined by looking at the slope of the graph.

Knowledge Expert

· commented

· 1 Months ago

Yea Its correct. Your explanation is also good.

Best Wishes
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