Consider the production of each company separately. In how many instances was the percentage increase in production of cars over the previous year's production greater than 20%?
Consider the following for the next four (04) items that follow:<br><br>The following Bar-Chart gives the production of cars by three different companies X, Y and Z in different years:
- A. 5
- B. 6
- C. 7 ✓
- D. 8
Correct Answer: C. 7
Explanation
Calculating the year-on-year percentage increase \frac{\text{Current} - \text{Previous}}{\text{Previous}} \times 100\% for companies X, Y, and Z individually across the given years, there are exactly 7 instances where the growth exceeds 20%.
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