How to solve Iift 2020 Question 62?

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 2020 Question 62

This is a detailed step-by-step solution for Iift 2020 Question 62. Understand the concept, common mistakes, and expert tips to solve similar questions in IIFT exam.

IIFT

Consider the table given below

For 2014, % annual change over previous year = (-3/8)*100
For 2015, % annual change over previous year = (2/5)*100
For 2017, % annual change over previous year = (-1/3)*100
For 2018, % annual change over previous year = (-1/4)*100
We can clearly see that the lowest percent change is in 2014 at -37.5%

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