Question:

Directions:
Directions for the following 4 questions: The table below shows the sales (in thousands of units) of four products P, Q, R and S of a company over three years. Study the table and answer the questions that follow. Year | P | Q | R | S 2021 | 20 | 30 | 25 | 15 2022 | 25 | 35 | 20 | 20 2023 | 30 | 40 | 30 | 25

What is the percentage increase in the sales of product Q from 2021 to 2023?

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Instead of subtracting first, try forming the ratio of the 2023 value to the 2021 value and see what that ratio tells you about growth beyond 100%.
Updated On: Jul 8, 2026
  • 33.33%
  • 25%
  • 40%
  • 20%
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The Correct Option is A

Solution and Explanation

Product Q rises from 30 to 40. Increase \(=10\). Percentage increase \(=\frac{10}{30}\times 100=33.33\%\). Correct option: 33.33%.
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