Iift 2012 Question 5
This is a detailed step-by-step solution for Iift 2012 Question 5. Understand the concept, common mistakes, and expert tips to solve similar questions in IIFT exam.
IIFT 2012
Explanation:
The annual % increase in exports is as shown below:-
2003 = 33.33%
2004 = 0%
2005 = 33.33%
2006 = -ve
2007 = 14.28%
2008 = 37.5%
2009 = -ve
2010 = 31.5%
Thus, the maximum % increase in exports = 37.5%
The lowest % decrease in the year 2003 and = 9.90%
Thus, the required difference = 28%
Hence, option A is the correct answer.