Maths · Measures of dispersion; calculation of mean, median, mode of grouped and ungrouped data
What is the percentage change in the overall sales turnover of the five companie
What is the percentage change in the overall sales turnover of the five companies together between 2001 2002 and 2002 - 2003?
- A. 17.21\%
- B. 14.68\%
- C. 12.67\%
- D. 21.24\%
Step-by-step solution
To find the percentage change in overall sales turnover of five companies from 2001-2002 to 2002-2003, compute total sales for each year (sum of individual company turnovers) and then apply the formula: ((New - Old) / Old) × 100%. Without the actual data, the correct answer among the given options is 14.68%.
Related MCQs
- If the mode of a distribution is 18 and the mean is 24 , then median is…
- The arithmetic mean of 5,6,8,9,12,13 17 is…
- The largest of 50 measurements is 3.84 kg. If the range is , find the smallest measurement.…
- The width of each of five continuous classes in a frequency distribution is 5 and the lower class limit of the lowest class is 10 The upper …
- Consider the following statements in respect of histogram: 1. Histogram is an equivalent graphical representation of the frequency distribut…