Question:
The chart below shows the data of the number of cars bought by Millennials and Gen X people in a country from the year 2010 to 2020 as well as the yearly fuel consumption of the country (in Million liters). Considering the data presented in the chart, which one of the following options is true?
\includegraphics[width=0.5\linewidth]{8.png}
The chart below shows the data of the number of cars bought by Millennials and Gen X people in a country from the year 2010 to 2020 as well as the yearly fuel consumption of the country (in Million liters). Considering the data presented in the chart, which one of the following options is true?
\includegraphics[width=0.5\linewidth]{8.png}
\includegraphics[width=0.5\linewidth]{8.png}
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For data interpretation questions, carefully analyze trends and calculate absolute differences or percentage changes to compare values accurately.
Updated On: Jan 23, 2025
- The percentage increase in fuel consumption from 2010 to 2015 is more than the percentage increase in fuel consumption from 2015 to 2020.
- The increase in the number of Millennial car buyers from 2015 to 2020 is less than the decrease in the number of Gen X car buyers from 2010 to 2015.
- The increase in the number of Millennial car buyers from 2010 to 2015 is more than the decrease in the number of Gen X car buyers from 2010 to 2015.
- The decrease in the number of Gen X car buyers from 2015 to 2020 is more than the increase in the number of Millennial car buyers from 2010 to 2015.
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The Correct Option is C
Solution and Explanation
Step 1: Calculate the increase in the number of Millennial car buyers from 2010 to 2015:
\[
\text{Increase in Millennials} = 45000 - 20000 = 25000.
\]
Step 2: Calculate the decrease in the number of Gen X car buyers from 2010 to 2015:
\[
\text{Decrease in Gen X} = 40000 - 30000 = 10000.
\]
Step 3: Compare the values:
The increase in the number of Millennials (25000) is greater than the decrease in the number of Gen X (10000).
Hence, the correct option is (C).
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