Direction: Study the following graph and answer the given questions
-
In which year, there has been a maximum percentage increase in the amount invested in raw materials as compared to the previous year?
-
- 1996
- 1997
- 1998
- 1999
Correct Option: A
According to given bar graph , we have
The amount invested in raw materials in 1996 = $ 225 lakhs
The amount invested in raw materials in 1995 = $ 120 lakhs
Increase = 225 - 120 = $ 105 lakhs
In Year 1996 ⇒
| Percentage increase = | The amount invested in raw materials in 1995 |
| Percentage increase = |  | 105 |  | × 100 ≈ 87.5% | |
| 120 |
The amount invested in raw materials in 1996 = $ 225 lakhs
The amount invested in raw materials in 1997 = $ 375 lakhs
Increase = 375 - 225 = $ 150 lakhs
In Year 1997 ⇒
| Percentage increase = | | 150 | | × 100 ≈ 67% | |
| 225 |
Therefore , required answer is 1996 year.
