Home
Class 14
MATHS
In which year the firm has shown maximum...

In which year the firm has shown maximum percentage increase in its revenue with respect to the previous year?

A

2011

B

2014

C

2016

D

All are equal

Text Solution

AI Generated Solution

The correct Answer is:
To determine the year in which the firm showed the maximum percentage increase in its revenue with respect to the previous year, we will follow these steps: ### Step 1: Gather Revenue Data We need to extract the revenue data from the bar graph for the years provided. The revenue figures are as follows: - 2009: 300 crore - 2010: 260 crore - 2011: 350 crore - 2012: 320 crore - 2013: 250 crore - 2014: 340 crore - 2015: 360 crore - 2016: 370 crore ### Step 2: Calculate Percentage Increase for Each Year We will calculate the percentage increase in revenue for each year compared to the previous year using the formula: \[ \text{Percentage Increase} = \left( \frac{\text{Revenue in Current Year} - \text{Revenue in Previous Year}}{\text{Revenue in Previous Year}} \right) \times 100 \] ### Step 3: Calculate for Each Year 1. **From 2009 to 2010:** \[ \text{Percentage Increase} = \left( \frac{260 - 300}{300} \right) \times 100 = \left( \frac{-40}{300} \right) \times 100 = -13.33\% \] 2. **From 2010 to 2011:** \[ \text{Percentage Increase} = \left( \frac{350 - 260}{260} \right) \times 100 = \left( \frac{90}{260} \right) \times 100 \approx 34.62\% \] 3. **From 2011 to 2012:** \[ \text{Percentage Increase} = \left( \frac{320 - 350}{350} \right) \times 100 = \left( \frac{-30}{350} \right) \times 100 \approx -8.57\% \] 4. **From 2012 to 2013:** \[ \text{Percentage Increase} = \left( \frac{250 - 320}{320} \right) \times 100 = \left( \frac{-70}{320} \right) \times 100 \approx -21.88\% \] 5. **From 2013 to 2014:** \[ \text{Percentage Increase} = \left( \frac{340 - 250}{250} \right) \times 100 = \left( \frac{90}{250} \right) \times 100 = 36\% \] 6. **From 2014 to 2015:** \[ \text{Percentage Increase} = \left( \frac{360 - 340}{340} \right) \times 100 = \left( \frac{20}{340} \right) \times 100 \approx 5.88\% \] 7. **From 2015 to 2016:** \[ \text{Percentage Increase} = \left( \frac{370 - 360}{360} \right) \times 100 = \left( \frac{10}{360} \right) \times 100 \approx 2.78\% \] ### Step 4: Identify Maximum Percentage Increase Now, we will compare all the calculated percentage increases: - 2009 to 2010: -13.33% - 2010 to 2011: 34.62% - 2011 to 2012: -8.57% - 2012 to 2013: -21.88% - 2013 to 2014: 36% - 2014 to 2015: 5.88% - 2015 to 2016: 2.78% The maximum percentage increase is **36%** from **2013 to 2014**. ### Conclusion The year in which the firm showed the maximum percentage increase in its revenue with respect to the previous year is **2014**. ---
Promotional Banner

Similar Questions

Explore conceptually related problems

Direction : Study the following bar diagram carefully and answer the four questions. In which year for the company A the percentage increase of production of buses with respect to the previous year is maximum?

Study the following bar graph and answer the question that follows. In which year was the maximum percentage increase in diamond exports compared to the previous year?

In which year was there maximum percentage increase in export of pearls to that in the previous year? (a) 2002 (b) 2007quad (c)2005 (d) 2004

Study the following table carefully to answer these questions : Income and expenditure of company A during the period 2001 to 2006. Profit/Loss = Income - Expenditure % Profit/Loss = ("Income - Expenditure")/("Expenditure")xx100 Which of the following years has the maximum percent increase/decrease in income from the previous year ?