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Question : The production of ABC Ltd is as follows.

Product 2021 2022
A 120 150
B 160 200
C 250 300
D 60 90
E 30 50
F 110 132

For which product did the company record the highest growth?

Option 1: F

Option 2: E

Option 3: D

Option 4: B


Team Careers360 11th Jan, 2024
Answer (1)
Team Careers360 14th Jan, 2024

Correct Answer: E


Solution : Total growth for product A = 150 – 120 = 30
Growth percentage = $\frac{30}{120}\times 100 = 25$%
Total growth for product B = 200 – 160 = 40
Growth percentage = $\frac{40}{160}\times 100 = 25$%
Total growth for product C = 300 – 250 = 50
Growth percentage = $\frac{50}{250}\times 100 = 20$%
Total growth for product D = 90 – 60 = 30
Growth percentage = $\frac{30}{60}\times 100 = 50$%
Total growth for product E = 50 – 30 = 20
Growth percentage = $\frac{20}{30}\times 100 = 66.67$%
Total growth for product F = 132 – 110 = 22
Growth percentage = $\frac{22}{110}\times 100 = 20$%
Hence, the correct answer is E.

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