The ratio between absolute increase in domestic sales over preceding year and absolute increase in production over the preceding year is highest during which year?
Explanation:
From the previous solutions; Increase in domestic sales over the preceding year: Year 2005 = 75; Year 2006 = 400; Year 2007 = 100
Increase in production over the preceding year: Year 2006 = 475; Year 2007 = 150
Ratio for the year 2006 = 400 : 475 = 16 : 19 Ratio for the year 2007 = 100 : 150 = 2 : 3
Hence, option (b).
Help us build a Free and Comprehensive Preparation portal for various competitive exams by providing us your valuable feedback about Apti4All and how it can be improved.