Instructions

The following table gives demand and supply of steel for the years 2003 to 2008. Surplus is defined as ‘Supply - Demand’. Read the table and answer the questions.

Question 68

Percentage increase in supply of steel from 2003 to 2008 was

Percentage increase in supply of steel from 2003 to 2008 was $$\frac{60-49.2}{49.2}\times\ \times\ 100\approx\ 21.95\%$$.

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