Question
Download Solution PDFDirections: The bar graph below shows the data of the Price of three different Laptops(in thousands) for the years 2011 to 2015. The price of Y in 2013 is what % more than the price of X in 2013?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
Price of Laptop X in 2013 = 18 (in thousands)
Price of Laptop Y in 2013 = 32 (in thousands)
Formula Used:
Percentage More = [(Price of Y - Price of X) / Price of X] × 100
Calculation:
Percentage More = [(32 - 18) / 18] × 100
Percentage More = (14 / 18) × 100
Percentage More = (7 / 9) × 100
Percentage More ≈ 0.7777 × 100
Percentage More ≈ 77.77%
∴ The price of Y in 2013 is approximately 77.77% more than the price of X in 2013.
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