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The graph above shows the total sales, in millions of dollars, for three companies, A & B & C, in a particular sector for the years 1998 through 2007 inclusive. Assume these companies are the only three companies active in this particular sector. Companies A & B existed since the 1980s, although only data from 1998 is shown. Company C's first year in existence was 2000.
From 2002 to 2003, Company C had what percentage increase in its total sales?
Title
Three Companies in a Sector
Your Result
Correct
Difficulty
Medium
Your Pace
0:02
Others' Pace
1:24
Video Explanation
Text Explanation
Company C, the gray-dashed line with triangles, had an approximate value of a little more than $50M in sales in 2002 and about $110M in 2003. That's more than double, which is more than a 100% increase.
A more precise calculation:
Answer = (E).
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