The selling price of mobiles of 5 companies in different years are presented below: SELLING PRICES OF…
Company E has the largest percentage decrease: (4500 − 2000)/4500 × 100 = 55 5/9%. The corresponding decreases for A, B, C and D are 45%, approximately 52.78%, 47.37% and…
Choose your answer
The selling price of mobiles of 5 companies in different years are presented below:
SELLING PRICES OF MOBILES
SELLING PRICES OF MOBILES
| 2019 | 2020 | 2021 | 2022 | 2023 | |
| A | 4000 | 3500 | 3000 | 2500 | 2200 |
| B | 18000 | 15000 | 12000 | 10000 | 8500 |
| C | 9500 | 8000 | 7500 | 6000 | 5000 |
| D | 11000 | 9500 | 8000 | 7500 | 6000 |
| E | 4500 | 4000 | 3500 | 3000 | 2000 |
The selling price of which company model decreased by the highest percentage over the given period?
Answer and explanation
Correct answer D
Company E has the largest percentage decrease: (4500 − 2000)/4500 × 100 = 55 5/9%. The corresponding decreases for A, B, C and D are 45%, approximately 52.78%, 47.37% and 45.45%, respectively.
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