Question : Directions: Study the graph and answer the question.
What was the approximate percentage drop in the sale of Pep-up in 1990 over its sale in 1989?
Option 1: 5%
Option 2: 14%
Option 3: 12%
Option 4: 20%
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Correct Answer: 14%
Solution :
Given: Sales of Pep-up in the year 1989 = 35 lakh
Sales of Pep-up in the year 1990 = 30 lakh
Percentage change = $\frac{\text{Sales of Pep-up in 1989 - Sales of Pep-up in 1990}}{\text{Sales of Pep-up in 1989}}\times100$
Percentage change = $\frac{\text{35–30}}{\text{35}}\times100$
Percentage change = $\frac{100}{7}\approx$ 14%
Hence, the correct answer is 14%.
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