The following table gives the sales of Drinks manufactured by a company over the years. Study the table below and answer the questions that follow: Number of different types of Drinks sold by a company over the year(in thousands) Year Pepsi Miranda Fanta Coke Sprite Total 2002 75 144 114 102 108 543 2003 90 126 102 84 126 528 2004 96 114 75 105 135 525 2005 105 90 150 90 75 510 2006 90 75 135 75 90 465 2007 105 60 165 45 120 495 2008 115 85 160 100 145 605 what was the approximate percentage increase in the sales of sprite in 2008 compared to that in 2002?
The following table gives the sales of Drinks manufactured by a company over the years. Study the table below and answer the questions that follow: Number of different types of Drinks sold by a company over the year(in thousands) Year Pepsi Miranda Fanta Coke Sprite Total 2002 75 144 114 102 108 543 2003 90 126 102 84 126 528 2004 96 114 75 105 135 525 2005 105 90 150 90 75 510 2006 90 75 135 75 90 465 2007 105 60 165 45 120 495 2008 115 85 160 100 145 605 what was the approximate percentage increase in the sales of sprite in 2008 compared to that in 2002? Correct Answer 34%
Given:
The sales of Sprite in 2002 and 2008 is 108 and 145 respectively
Formula used:
Increase percentage of sale = × 100%
Calculation:
Increase percentage of sale = (Sale in 2008 - Sale in 2002)/Sale in 2002 × 100%
⇒ × 100%
⇒ (37/108) × 100
⇒ 3700/108
⇒ 34.25% ~ 34%
∴ Increase percentage of sale in 2008 compare to 2002 is 34%