Study the table and answer the question In the table, production and sale (in 1000 tonnes) of a certain product of a company over 5 years is given. Years Production (in 1000 tonnes) Sale (in 1000 tonnes) 2015 1250 1000 2016 1400 1290 2017 1450 1100 2018 1500 1450 2019 1600 1390 In which year(s) sale is more than 90% of the production?
Study the table and answer the question In the table, production and sale (in 1000 tonnes) of a certain product of a company over 5 years is given. Years Production (in 1000 tonnes) Sale (in 1000 tonnes) 2015 1250 1000 2016 1400 1290 2017 1450 1100 2018 1500 1450 2019 1600 1390 In which year(s) sale is more than 90% of the production? Correct Answer 2016, 2018
Formula used:
Percentage of sales over production = Sales/ Production × 100
Calculation:
Percentage of sales over production in 2015 = 1000/1250 × 100 = 80%
Percentage of sales over production in 2016 = 1290/1400 × 100 = 92.14%
Percentage of sales over production in 2017 = 1100/1450 × 100 = 75.86%
Percentage of sales over production in 2018 = 1450/1500 × 100 = 96.67%
Percentage of sales over production in 2019 = 1390/1600 × 100 = 86.875%
∴ Clearly, in 2016 and 2018 sales are more than 90% of the respective production.