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The following table shows the gross turnover (in crores) of a company over 5 years. Year Gross Turnover 2016 12 2017 18 2018 25 2019 25 2020 30By wh
Question

The following table shows the gross turnover (in crores) of a company over 5 years.

Year
Gross Turnover
2016
12
2017
18
2018
25
2019
25
2020
30

By what percentage is the gross turnover of 2020 higher than the gross turnover of 2018?

A.

20%

B.

5%

C.

25%

D.

13%

Correct option is A

Given:
The gross turnover of the company over the years is given in the table:
Formula Used:
Percentage Increase = New ValueOld ValueOld Value×100\frac{\text{New Value} - \text{Old Value}}{\text{Old Value}} \times 100​​
Solution:
The gross turnover of 2020 is 30 crores, and the gross turnover of 2018 is 25 crores.

Percentage Increase = 302525×100%=525×100%=20%\frac{30 - 25}{25} \times 100\% = \frac{5}{25} \times 100\% = 20\%

The gross turnover of 2020 is 20% higher than the gross turnover of 2018.

Thus, the correct option is (a) 20%


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