Question:medium
If 2017 were to show the same growth as 2016 over 2015, the revenue in 2017 must be
If 2017 were to show the same growth as 2016 over 2015, the revenue in 2017 must be
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Add the three category bars to get the annual total. When a question says "same growth," add the \emph{absolute} increase (not percent) to the next year.
Updated On: Aug 18, 2026
- 194 lakh
- 187 lakh
- 172 lakh
- 177 lakh
Show Solution
The Correct Option is D
Solution and Explanation
Step 1: Let \(T_{2015}\), \(T_{2016}\) be the chart totals. Growth rate \(g=(T_{2016}-T_{2015})/T_{2015}\).
Step 2: Applying the same rate again: \(T_{2017}=T_{2016}(1+g)=T_{2016}^2/T_{2015}\).
Step 3: Evaluating with the chart's totals gives \(T_{2017}=177\) lakh. \[ \boxed{177\text{ lakh}} \]
Step 2: Applying the same rate again: \(T_{2017}=T_{2016}(1+g)=T_{2016}^2/T_{2015}\).
Step 3: Evaluating with the chart's totals gives \(T_{2017}=177\) lakh. \[ \boxed{177\text{ lakh}} \]
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