Question
What is the percentage increase in the total number of
products sold by all companies from 2020 to 2022? The chart below shows the number of products (in thousands) sold by five different companies (A, B, C, D, and E) over the years 2020 and 2022.Solution
Total products sold by all companies in 2020: = 150 + 160 + 135 + 170 + 155 = 770 thousand units. Total products sold by all companies in 2022: = 180 + 190 + 165 + 200 + 185 = 1,020 thousand units. Percentage increase: = ((1,020 - 770) / 770) × 100 = (250 / 770) × 100 ≈ 32.47%. Correct Answer: c) 32.5%
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