How to solve Iift 2009 Question 16?

This question can be solved by applying the core concept explained in the solution above, followed by step-by-step calculation and elimination of options.

Which concept is tested in this question?

This question tests fundamental concepts commonly asked in IIFT exams.

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Iift 2009 Question 16

This is a detailed step-by-step solution for Iift 2009 Question 16. Understand the concept, common mistakes, and expert tips to solve similar questions in IIFT exam.

IIFT 2009

Total oil produced in the year 1996 = 10+700+1794+104+650 = 3258.
Therefore, oil production loss as a percentage of total oil produced in the year = = 19.95%.
Similarly, we can calculate for the remaining year. Tabulating the same data,

From the table, we can see that the oil production loss as a percentage of total oil produced is the lowest for the year 2002. Hence,
option A is the correct answer.

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