Data Interpretation - Bar Charts - Discussion

Discussion Forum : Bar Charts - Bar Chart 15 (Q.No. 1)
Directions to Solve

Study the following bar chart and answer the questions carefully.

Sales Turnover of 5 Companies (in Rs. crores)


1.
What is the percentage change in the overall sales turnover of the five companies together between 2001 - 2002 and 2002 - 2003 ?
17.21 %
14.68 %
12.67 %
21.24 %
Answer: Option
Explanation:

The required answer is

100 - percentage value of the fraction (Absolute change/first year's value).

Discussion:
13 comments Page 2 of 2.

Msl said:   7 years ago
How to take denominator value?
(1)

Sharmila said:   6 years ago
Denominator value is the base value.

Base value is the one with which we compare the growth.
Here, in this case, the value has been changed from the year 2001-02 to 2002 -03.
So, 2001-02 total is taken as the base value.
(2)

Chris said:   6 years ago
There are no precise numbers, thus meaning you have to give an estimate to where the chart is?
(3)


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