The percentage change in which of the mentioned areas is the highest over the period 2000-2003

Solution

% Change in productivity = $$\frac{(113-83.2)}{83.2}\times100=35.8\%$$ [MAX]

% Change in workforce = $$\frac{(17213-12338)}{17213}\times100=28.3\%$$

Production in 2000 = $$17213\times83.2=Rs.$$ $$14,32,121.6$$

Production in 2003 = $$12338\times113=Rs.$$ $$13,94,194$$

% Change in production = $$\frac{1432121.6-1394194}{1432121.6}\times100=2.6\%$$

=> Ans - (B)

Share on Whatsapp Share on Whatsapp

Create a FREE account and get: