Correct option is C
Given:
Sales in 2014:
Titan: 366 Fastrack: 205
Timax: 247 Fossil: 96
Sales in 2018:
Titan: 288 Fastrack: 202
Timax: 255 Fossil: 126
Formula Used:
Percentage Change=Value in 2014Value in 2018−Value in 2014×100
Solution:
1. Titan's sales in 2014 were 366, and in 2018 they were 288. Using the formula:
Percentage Change for Titan=366288−366×100=366−78×100≈−21.3%
Titan’s sales decreased by 21.3% from 2014 to 2018.
2.Fastrack's sales in 2014 were 205, and in 2018 they were 202. Using the formula:
Percentage Change for Fastrack=205202−205×100=205−3×100≈−1.5%
Fastrack’s sales decreased by 1.5% from 2014 to 2018.
3. Timax’s sales in 2014 were 247, and in 2018 they were 255. Using the formula:
Percentage Change for Timax=247255−247×100=2478×100≈3.2%
Timax’s sales increased by 3.2% from 2014 to 2018.
4. Fossil’s sales in 2014 were 96, and in 2018 they were 126. Using the formula:
Percentage Change for Fossil=96126−96×100=9630×100≈31.3%
Fossil’s sales increased by 31.3% from 2014 to 2018.
Thus, Fossil showed the highest percentage change in sales, with an increase of 31.3% from 2014 to 2018.