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Which of the following recorded the highest growth rate in manufacturing units from the year 2021 to the year 2022?
Plant Units manufactured in 2021 Units manufactured in 2022
A 150 175
B 225 269
C 300 315
D 130 169
E 150 172

  1. A
    D
  2. B
    A
  3. C
    B
  4. D
    E

Solution & Step-by-step Explanation

Let's calculate the percentage growth rate for each plant using the formula:
Growth Rate %=
Value
2021


Value
2022

−Value
2021



×100
Plant A:
150
175−150

×100=
150
25

×100≈16.67%

Plant B:
225
269−225

×100=
225
44

×100≈19.56%

Plant C:
300
315−300

×100=
300
15

×100=5%

Plant D:
130
169−130

×100=
130
39

×100=30%

Plant E:
150
172−150

×100=
150
22

×100≈14.67%

Comparing the growth rates, Plant D recorded the highest growth rate (30%).

Practice this question

Try it yourself before checking the explanation above.

Which of the following recorded the highest growth rate in manufacturing units from the year 2021 to the year 2022?
Plant Units manufactured in 2021 Units manufactured in 2022
A 150 175
B 225 269
C 300 315
D 130 169
E 150 172
A
D
B
A
C
B
D
E

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