Read the following information carefully and answer the questions given below it: Raw Cotton Procurement prices of a Spinning Mill. YEAR, Price (Rs. per Quintal); 1999-2000, 105; 2000-2001, 110; 2001-2002, 112; 2002-2003, 115; 2003-2004, 117; 2004-2005, 130; 2005-2006, 141; 2006-2007, 151 What is the maximum increase in procurement prices in any two consecutive years (in percentage)?

Railways PYQCBT 2 2017

RRB NTPC · Question 98

Read the following information carefully and answer the questions given below it: Raw Cotton Procurement prices of a Spinning Mill.

YEAR	Price (Rs. per Quintal)
1999-2000	105
2000-2001	110
2001-2002	112
2002-2003	115
2003-2004	117
2004-2005	130
2005-2006	141
2006-2007	151

What is the maximum increase in procurement prices in any two consecutive years (in percentage)?

\(12 \frac{1}{9}\)%
\(11 \frac{1}{9} \)%
12%
11%

Show answer & explanation

Answer: (B) \(11 \frac{1}{9} \)%

Explanation

The yearly increases are 5, 2, 3, 2, 13, 11 and 10 on bases 105, 110, 112, 115, 117, 130, 141. The largest percentage rise is 2003–04 to 2004–05: 13/117 × 100 = 11 1/9%.