Direction (1 - 3) :The following is a multiple bar chart showing men's and women's average daily earnings in certain industries. Study the chart and answer the questions given below.
Bar Chart  direction image

Examveda
Examveda

In which year is the percentage increase in the average daily earnings of men over the preceding year, the maximum ?

A. 2001

B. 2002

C. 2003

D. 2004

Answer: Option C

Solution(By Examveda Team)

$$\eqalign{ & \text{% increase in 2004,} \cr & = \frac{66.90-59.50}{59.50}\times100 \cr & = 12.44\% \cr & \cr & \text{% increase in 2003,} \cr & = \frac{59.50-48.60}{48.60}\times100 \cr & = 22.43\% \cr & \cr & \text{% increase in 2002,} \cr & = \frac{48.60-40.90}{40.90}\times100 \cr & = 18.83\% \cr & \cr & \text{% increase in 2001,} \cr & = \frac{40.90-35.80}{35.80}\times100 \cr & = 14.25\% \cr & \cr} $$
Thus, maximum increase in daily earning of men over preceding year is in 2003

This Question Belongs to Data Interpretation >> Bar Chart

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