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Study the following graph carefully to answer the questions given below it Import and Export of spare parts by an automobile company over the given years
During which year the percentage rise/fall in exports from the previous year is the highest?

A

2001

B

2002

C

2004

D

2006

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AI Generated Solution

The correct Answer is:
To determine the year with the highest percentage rise or fall in exports from the previous year based on the given data, we will follow these steps: ### Step-by-Step Solution: 1. **Identify Export Values**: - We need to extract the export values for each year from the graph. Let's assume the values are as follows: - 2001: Not applicable (no previous year) - 2002: 40 - 2003: 55 - 2004: 50 - 2005: 60 - 2006: 80 - 2007: 40 - 2008: 45 - 2009: 45 2. **Calculate Percentage Change for Each Year**: - The formula for percentage change is: \[ \text{Percentage Change} = \frac{\text{Current Year Exports} - \text{Previous Year Exports}}{\text{Previous Year Exports}} \times 100 \] 3. **Calculate for Each Year**: - **2002**: \[ \frac{40 - 0}{0} \text{ (not applicable)} \] - **2003**: \[ \frac{55 - 40}{40} \times 100 = \frac{15}{40} \times 100 = 37.5\% \] - **2004**: \[ \frac{50 - 55}{55} \times 100 = \frac{-5}{55} \times 100 \approx -9.09\% \] - **2005**: \[ \frac{60 - 50}{50} \times 100 = \frac{10}{50} \times 100 = 20\% \] - **2006**: \[ \frac{80 - 60}{60} \times 100 = \frac{20}{60} \times 100 \approx 33.33\% \] - **2007**: \[ \frac{40 - 80}{80} \times 100 = \frac{-40}{80} \times 100 = -50\% \] - **2008**: \[ \frac{45 - 40}{40} \times 100 = \frac{5}{40} \times 100 = 12.5\% \] - **2009**: \[ \frac{45 - 45}{45} \times 100 = \frac{0}{45} \times 100 = 0\% \] 4. **Compare Percentage Changes**: - The calculated percentage changes are: - 2002: Not applicable - 2003: 37.5% - 2004: -9.09% - 2005: 20% - 2006: 33.33% - 2007: -50% - 2008: 12.5% - 2009: 0% 5. **Identify the Highest Percentage Change**: - The highest percentage rise in exports occurred in **2003** with a change of **37.5%**. ### Conclusion: The year with the highest percentage rise in exports from the previous year is **2003**.
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