Directions for question :
The following line-graphs depict the number of Sales-Executives of the antiseptic division of M/s G D Pharmaceuticals of Kolkata (first graph), and the sales revenue (in crores of Rs) per Executive per year of their iconic product Boroline (second graph), from 2018 to 2022.
The total sales revenue in a year is equal to the product of the sales revenue per Executive per year to the number of Executives in the year.
Question:
What was the average percentage increase of the total sales revenue of Boroline for the given period from 2018 to 2022 ?
28.33%
30.67%
38.33%
40.12%
Total sales revenue of Boroline in 2018 = (2.0*120) = Rs 240 crores
Total sales revenue of Boroline in 2022 = (3.2*190) = Rs 608 crores
The overall increase of the total sales revenue of Boroline from 2018 to 2022 = (608 – 240) = Rs 368 crores
So, the percentage increase of the total sales revenue of Boroline from 2018 to 2022 = (368/240)*100 = 153.33%
Hence, the average percentage increase of the total sales revenue of Boroline from 2018 to 2022 = (153.33/4) = 38.33%