In Office F, for exactly how many years was the percentage increase in the…
2024
In Office F, for exactly how many years was the percentage increase in the number of employees over the previous year greater than 6%?
Answer: B. 2 — ConceptThe percentage change from a previous value P to a current value C is calculated as ((C - P) / P) × 100. Each consecutive-year transition is tested…
- A.
1
- B.
2
- C.
3
- D.
4
Show answer & explanation
Correct answer: B
Concept
The percentage change from a previous value P to a current value C is calculated as ((C - P) / P) × 100.
Each consecutive-year transition is tested independently. A decrease gives a negative percentage change, so it cannot count as an increase greater than 6%.
Application
2019 over 2018: ((264 - 272) / 272) × 100 = -2.94%; this is a decrease.
2020 over 2019: ((280 - 264) / 264) × 100 = 6.06%; this is greater than 6%.
2021 over 2020: ((252 - 280) / 280) × 100 = -10%; this is a decrease.
2022 over 2021: ((292 - 252) / 252) × 100 = 15.87%; this is greater than 6%.
2023 over 2022: ((300 - 292) / 292) × 100 = 2.74%; this is not greater than 6%.
Cross-check
Only the transitions ending in 2020 and 2022 exceed the 6% threshold. Therefore, the required count is 2 years.