A company reports sales in lakhs as follows: | Year | Sales | |---|---:| | 2021 | 120 | | 2022 | 150 | | 2023 | 180 | | 2024 | 210 | The percentage increase from 2022 to 2024 is:
Practice this question from Chapter Mock 15: Data Interpretation, with options and an explanation.
Question
A company reports sales in lakhs as follows:
| Year | Sales |
|---|---:|
| 2021 | 120 |
| 2022 | 150 |
| 2023 | 180 |
| 2024 | 210 |
The percentage increase from 2022 to 2024 is:
Option A
30%
Option B
35%
Option C — Correct answer
40%
Correct choice.
Option D
45%
Explanation
Increase $=210-150=60$. Percentage increase $=\frac{60}{150}\times100=40\%$.