Directions (1 - 4): The following table show the world production of steel in 1920 - 1927. Study the table and answer the questions.
| Year | Production (in million tons) |
| 1920 | 71.30 |
| 1921 | 43.51 |
| 1922 | 67.66 |
| 1923 | 76.23 |
| 1924 | 77.23 |
| 1925 | 88.93 |
| 1926 | 91.75 |
| 1927 | 100.17 |
The difference of the production of steel in the year 1923 and 1924 is x% of 1927. Then the value of x approximately.
A. .1%
B. .01%
C. .001%
D. 1%
Answer: Option A
Solution(By Examveda Team)
$$\eqalign{ & \text{According to the question,} \cr & \Rightarrow 100.17 \times \frac{x}{100} = \left(77.23 - 76.23 \right) \cr & \Rightarrow x = \frac{100}{100.17} \cr & \Rightarrow x = 0.99860..\% \cr & \Rightarrow x = .1\%\, \left(\text{Approx} \right) \cr} $$This Question Belongs to Data Interpretation >> Table Chart
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why .1% why not 1%