Directions (1 - 5): Refer to the graph and answer the given questions:
Data related to the number of projects handled by two companies A and B over 5 years.
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Examveda
Examveda

The number of projects handled by company B decreased by what percent from 2004 to 2006?

A. $$35\frac{5}{8}$$ %

B. $$30\frac{7}{8}$$ %

C. $$50\frac{3}{8}$$ %

D. $$45\frac{3}{8}$$ %

E. $$40\frac{5}{8}$$ %

Answer: Option E

Solution(By Examveda Team)

Number of projects handled by company B in 2004 = 320
Number of projects handled by company B in 2006 = 190
Required decrease percentage
$$\eqalign{ & = \frac{320-190}{320}\times100 \cr & = \frac{130}{320}\times100 \cr & = \frac{1300}{32}\% \cr & = \frac{325}{8}\% \cr & = 40\frac{5}{8}\% \cr} $$

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