Question:
By how much did sales increase from 2023 to 2024?
By how much did sales increase from 2023 to 2024?
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Double check the axis labels and values on data interpretation graphs to prevent simple observational mistakes.
Keep calculations minimal for such direct observation questions to conserve time for tougher questions.
Keep calculations minimal for such direct observation questions to conserve time for tougher questions.
Updated On: Jul 5, 2026
- 10 lakh
- 12 lakh
- 15 lakh
- 18 lakh
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The Correct Option is C
Solution and Explanation
Step 1: Understanding the Question:
The question is a direct data extraction and subtraction problem based on the provided line graph data.
We need to determine the absolute increase in sales from the year 2023 to the year 2024.
This requires identifying the sales values for these two specific years and finding their difference.
Step 2: Key Formula or Approach:
The absolute increase is calculated as:
\[ \text{Absolute Increase} = \text{Sales in 2024} - \text{Sales in 2023} \]
Step 3: Detailed Explanation:
$\bullet$ From the given table, we identify the sales for the specified years.
$\bullet$ Sales of the company in the year 2023 $= 60 \text{ lakh rupees}$.
$\bullet$ Sales of the company in the year 2024 $= 75 \text{ lakh rupees}$.
$\bullet$ Now, we find the difference between the sales of these two consecutive years:
\[ \text{Increase} = 75 - 60 \]
\[ \text{Increase} = 15 \text{ lakh rupees} \]
$\bullet$ This directly represents the required growth in sales between 2023 and 2024.
Step 4: Final Answer:
The sales increased by 15 lakh rupees from 2023 to 2024.
Therefore, the correct option is (C).
The question is a direct data extraction and subtraction problem based on the provided line graph data.
We need to determine the absolute increase in sales from the year 2023 to the year 2024.
This requires identifying the sales values for these two specific years and finding their difference.
Step 2: Key Formula or Approach:
The absolute increase is calculated as:
\[ \text{Absolute Increase} = \text{Sales in 2024} - \text{Sales in 2023} \]
Step 3: Detailed Explanation:
$\bullet$ From the given table, we identify the sales for the specified years.
$\bullet$ Sales of the company in the year 2023 $= 60 \text{ lakh rupees}$.
$\bullet$ Sales of the company in the year 2024 $= 75 \text{ lakh rupees}$.
$\bullet$ Now, we find the difference between the sales of these two consecutive years:
\[ \text{Increase} = 75 - 60 \]
\[ \text{Increase} = 15 \text{ lakh rupees} \]
$\bullet$ This directly represents the required growth in sales between 2023 and 2024.
Step 4: Final Answer:
The sales increased by 15 lakh rupees from 2023 to 2024.
Therefore, the correct option is (C).
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