For which of the following years, the percentage rise/fall in production from the previous year is the maximum for Company Y?a)1997b)1998c)1999d)2000Correct answer is option 'A'. Can you explain this answer?

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For which of the following years, the percentage rise/fall in production from the previous year is the maximum for Company Y?

a)
1997
b)
1998
c)
1999
d)
2000

Correct answer is option 'A'. Can you explain this answer?

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For which of the following years, the percentage rise/fall in producti...

Percentage change (rise/fall) in the production of Company Y in comparison to the previous year, for different years are:

For 1997 = [(35 - 25)/25x 100]% = 40%.

For 1998 = [ (35 - 35)/35 x 100]% = 0%.

For 1999 = [ (40 - 35)/35 x 100 ]% = 14.29%.

For 2000 = [(50 - 40)/40 x 100]% = 25%.

Hence, the maximum percentage rise/fall in the production of Company Y is for 1997.

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