How to solve Iift 2014 Question 91?

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 2014 Question 91

This is a detailed step-by-step solution for Iift 2014 Question 91. Understand the concept, common mistakes, and expert tips to solve similar questions in IIFT exam.

IIFT

Import of natural gas for the year 2010 = 50% of 80(1.05) = 42
Import of natural gas for 2012 = 30% of 80(1.05)(1.1)(1.05) = 29 (approx)
Hence the required difference = 42 - 29 = 13

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