The table shows the revenue (in lakh rupees) earned by a publishing house from the sale of journals, magazines and books during 2020 to 2023.

Year	Journals	Magazines	Books
2020	45	35	70
2021	47	40	80
2022	40	42	87
2023	40	54	79

What is the approximate increase in total revenue in 2023 as compared to 2020?

A21%

B28%

C15% ✓ Correct

D11%

Correct answer: (C) 15%

Explanation

The increase is about 15 percent, so that is the answer.

The total revenue in 2020 is 45 plus 35 plus 70, which is 150.

The total revenue in 2023 is 40 plus 54 plus 79, which is 173.

The increase is 173 minus 150, which is 23.

23 out of 150 is about 15.33 percent.

Rounded, that is about 15 percent.

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