Analyzing Vehicle Sales Data (2019 vs 2020)

The question asks us to find which vehicle category had the highest percentage increase in sales in the year 2020 compared to the previous year, 2019. We need to examine the sales data for 2019 and 2020 for the categories listed in the options: Car, HCV, Jeep, and LCV.

Sales Data Extraction

Let's extract the relevant sales figures (in thousands) from the provided table for the years 2019 and 2020 for the specified vehicle categories:

Calculating Percentage Increase in Sales

The formula to calculate the percentage increase is:

\( \text{Percentage Increase} = \frac{\text{Sales in 2020} - \text{Sales in 2019}}{\text{Sales in 2019}} \times 100 \)

Let's apply this formula to each category:

HCV Percentage Increase

• Sales in 2019: 144
• Sales in 2020: 162
• Increase in sales: \( 162 - 144 = 18 \)
• Percentage increase for HCV: \( \frac{18}{144} \times 100 = \frac{1}{8} \times 100 = 12.5\% \)

LCV Percentage Increase

• Sales in 2019: 158
• Sales in 2020: 186
• Increase in sales: \( 186 - 158 = 28 \)
• Percentage increase for LCV: \( \frac{28}{158} \times 100 \approx 17.72\% \)

Car Percentage Increase

• Sales in 2019: 496
• Sales in 2020: 560
• Increase in sales: \( 560 - 496 = 64 \)
• Percentage increase for Car: \( \frac{64}{496} \times 100 = \frac{8}{62} \times 100 = \frac{4}{31} \times 100 \approx 12.90\% \)

Jeep Percentage Increase

• Sales in 2019: 420
• Sales in 2020: 482
• Increase in sales: \( 482 - 420 = 62 \)
• Percentage increase for Jeep: \( \frac{62}{420} \times 100 = \frac{31}{210} \times 100 \approx 14.76\% \)

Comparing Percentage Increases

Now, let's compare the calculated percentage increases for each category:

• HCV: 12.5%
• LCV: 17.72% (approx)
• Car: 12.90% (approx)
• Jeep: 14.76% (approx)

Comparing these values, we see that the percentage increase in sales from 2019 to 2020 is highest for LCV (Light Commercial Vehicle).

Conclusion on Maximum Percentage Increase

Based on our calculations, the percentage increase in the sales in the year 2020 over the previous year was maximum for the LCV category.

Revision Table: Key Concepts

Additional Information: Vehicle Categories

Understanding the vehicle categories mentioned in the table can provide context:

• HCV (Heavy Commercial Vehicle): These are large vehicles primarily used for transporting goods, like large trucks and buses.
• LCV (Light Commercial Vehicle): These are smaller than HCVs, typically vans, pickups, or light trucks used for transporting goods or passengers for commercial purposes.
• Car: Passenger vehicles for personal use.
• Jeep: Often refers to SUVs or off-road vehicles, though used here likely as a distinct category encompassing certain types of utility vehicles.
• Two-Wheeler: Motorcycles and scooters.

Changes in sales for different categories can reflect various economic factors, changes in transport needs, or shifts in consumer preferences.