📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!
  • google app store apple app store
    • âś–

      Question

      The annual production of an article fluctuates. It

      consistently rises by 25% for two consecutive years, followed by a 20% decline in the third year. In the fourth year, production again increases by 12%. Starting from 2008, what is the approximate overall impact on the production of the article after four years?
      A 25% increase Correct Answer Incorrect Answer
      B 25% decrease Correct Answer Incorrect Answer
      C 40% increase Correct Answer Incorrect Answer
      D 35% decrease Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      SOLUTION: Let initially production of article was N Then, production after 4 years = NĂ— = 1.4N Increased in production = 1.4N-N = 0.4N Increased percentage production = 0.4N/N Ă—100 = 40% Which means production of that article after 4 years will be increased by 40%.

      Practice Next
      More Average Questions
      ask-question