Question : Directions: The following tables show the worldwide production of steel in 1920-1927. Study the table and answer the question
The difference in the production of steel in the years 1923 and 1924 is x% of the production of steel in 1927. Then the value of x is approximately.
Option 1: 0.01
Option 2: 0.1
Option 3: 0.001
Option 4: 1
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Correct Answer: 1
Solution :
Production of steel in 1923 = 76.23
Production of steel in 1924 = 77.23
Production of steel in 1927 = 100.17
The difference in production of steel in 1923 and 1924 = 77.23 – 76.23 = 1
According to the question,
The difference of steel production in 1923 and 1924 is x% of the production in 1927.
1 = x% of 100.17
⇒ x = 1%
Hence, the correct answer is 1.
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