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