How to solve Iift 2017 Question 113?

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 2017 Question 113

This is a detailed step-by-step solution for Iift 2017 Question 113. Understand the concept, common mistakes, and expert tips to solve similar questions in IIFT exam.

IIFT

Value of output for year
1998 65+58+56+61 = 240
1999 68+63+63+67 = 261
2000 70+59+56+52 = 237
2001 60+55+51+58 = 224
Output Growth for
1999 ((261-240)/240)*100 = 8.75
2000 ((237-261)/261)*100 = -9.2
2001 ((224-237)/237)*100 = 5.48

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