Study the graph and find what is the maximum percentage increase of tea from the previous year to the next year.

F1 SSC Priya 12 12 24 D7

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  1. 17.65%
  2. 20%
  3. 10%
  4. 30.25%

Answer (Detailed Solution Below)

Option 1 : 17.65%
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Detailed Solution

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Given:

The table shows the consumption of tea from 2020 to 2023.

Tea consumption in 2020 = 13

Tea consumption in 2021 = 15

Tea consumption in 2022 = 17

Tea consumption in 2023 = 20

Formula used:

Percentage increase = [(New value - Old value) / Old value] × 100

Calculation:

From 2020 to 2021:

Percentage increase = [(15 - 13) / 13] × 100

⇒ Percentage increase = 15.38%

From 2021 to 2022:

Percentage increase = [(17 - 15) / 15] × 100

⇒ Percentage increase = 13.33%

From 2022 to 2023:

Percentage increase = [(20 - 17) / 17] × 100

⇒ Percentage increase = 17.65%

∴ The maximum percentage increase of tea from the previous year to the next year is 17.65% (from 2022 to 2023).

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