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1.
What were the company's sales in 2023?
Practice data (hypothetical). The sales of a company were ₹ 400 crore in 2021. The table gives the percentage growth in its sales over the previous year.
| Year | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Growth over the previous year (%) | 10 | 20 | −5 | 25 |
Correct Answer: E [₹ 528 crore]
Explanation:
400 × 1.1 × 1.2 = ₹ 528 crore.
2.
In which year were the sales lower than in the year before?
Correct Answer: C [2024]
Explanation:
Only 2024 has a negative growth rate (−5%): 528 → 501.6.
3.
Approximately by what per cent were the sales in 2025 higher than in 2021?
Correct Answer: A [57%]
Explanation:
400 → 400 × 1.1 × 1.2 × 0.95 × 1.25 = 627 → (627 − 400)/400 ≈ 56.75% ≈ 57%.
4.
The average annual sales from 2022 to 2025 are approximately:
Correct Answer: B [₹ 525 crore]
Explanation:
(440 + 528 + 501.6 + 627)/4 = 2,096.6/4 ≈ 524 → ₹ 525 crore.
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